Brexit Crisis Affects the Forex Market The continued Brexit crisis affects the Forex market and saw the British Pound emerge as the biggest loser last week. GBP Suffers From Brexit Uncertainty The Pound was the…
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Brexit No-Trade Deal Continues to Affect Financial Markets
Yen Performs Well as Rising Covid-19 Cases Push Investors to Safe-Haven Currencies
Yen leads the pack The JPY is the top performer last week as risk aversion continues in the market, with the rising number of Covid-19 cases pushing investors to seek the safe-haven currency. Yen performs…
GDP Figures Dominate Week
Last Week’s Update and GDP Events The United States, Canada, and leading Eurozone economies, Germany and France, are to release their latest GDP figures this week. Japanese Yen Leads in a Quiet Week for Major…
U.K’s GDP and U.S Inflation Reports to Dominate the Week
U.K’s GDP Numbers for Q2 and June Take Center Stage This week focuses on GDP reports and employment numbers. Investors will be looking at the U.K’s key figures as the country is set to release…
U.S GDP Report to Take Center Stage
U.S. – GDP Major Event of the Week The central banks around the world took center stage last week, but this week the US GDP report for the first quarter is the major highlight. Greenback…
Greenback Under-Performs Despite NFP Data
Greenback Performs Poorly Despite NFP On Friday, the U.S saw its most significant job increase ever, 2.5 million, as the economy starts to recover following the havoc caused by the novel Covid-19 virus. However, the…
New Zealand Dollar Recovery
The New Zealand Dollar Ends the Week on a High The boost in market mood over the past week has seen the New Zealand Dollar perform excellently against a basket of other currencies. NZD Leads…
Greenback Wins Despite Disappointing Economic Data and Historical Oil Price Movement
Greenback Leads The Pack Amidst Poor Economic Data WTI crude oil near market future’s price traded in the negative zone for the first time in history, leading the U.S. Dollar to perform abysmally against its…
Yen and Aussie Lead the Way
Yen and Aussie The Japanese Yen and the Australian Dollar performed excellently against the majors as the Coronavirus pandemic continues to affect the global economy. JPY Outperforms Again While the Yen and Aussie lead the…
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…
