Greenback Declines Against EUR and GBP The greenback has largely underperformed this week, losing against other leading currencies such as the EUR and the GBP. US Dollar on the Decline The US economy performed excellently…
Forex News
Swiss Franc Endures a Tough Week
Swiss Franc Loses Value Against Major Competitors The Swiss Franc (CHF) was one of the underperforming currencies in the world this week, despite the intervention of the Swiss National Bank to keep the value of…
Coronavirus Outbreak and Oil Price Decline Affects Major Currency Prices
Coronavirus Outbreak Sees the USD Slide and then Rally The US Dollar and other major currencies have been having a tough couple of days due to the harmful economic effects of the Coronavirus pandemic and…
Pound Sterling Dominates November as Brexit Talks Take Center Stage
Brexit Talks Push Pound Sterling Higher The UK is set to hold its general elections on December 12, with analysts expecting it to play an essential role in Brexit talks, which has helped push the…
September – FX Trading “Let The Games Begin!”
September Fx Trading – Let the games begin! September 1 – 15 Forecast For Forex traders, Institutional and large fund managers in the European and USA markets September is “back to school” and business as…
NFP Misses Market Expectations as Greenback Posts Mixed Performance
NFP below Market Expectations Analysts had expected job increase in July to be around 190,000, however, only 157,000 was achieved. Unemployment rate and average hourly earnings meanwhile performed according to market expectations. Tuesday, July 31:…
Dollar Up on Powell Remarks, Reverses on Trump’s Comments
Mixed Performance for the Greenback The USD experienced mixed performance this week as it went up following Powell remarks before reversing its gains on Trump’s comments. Tuesday, July 17: Dollar Rallies on Powell’s Remarks, GBP Falls…
Forex Weekly Outlook June 4-8 – Trade wars To Affect Markets
Italian Crisis and Trade Wars Still Influencing Market The trade talks between the U.S and China didn’t go as planned over the weekend and the pending trade war between the two leading economies could have…
US Dollar Dipped as Trump Quits Iran Deal
US Dollars Records Losses as Iran Sanction Looms The USD started the week strongly but started to record some losses after president Trump threatens to quit Iran deal. Monday, May 7: US Dollar Keeps Climbing…
New York Fed Presidential Nominee John Williams Speech
Key Data and Events There are several data releases that will make this week a very interesting one, such as the rate decision in Canada, Australian jobs report, and the speech in Madrid by New…
