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Day: October 31, 2016
October 312016
Dollar Gains on Euro as Impact of FBI’s Clinton Probe Fades
The dollar ended the week on a negative note as the FBI reopened investigation regarding Hillary Clinton’s emails. Yet market participants digested the news over the weekend and came to conclusion that it will not materially impact Clinton’s chances for victory in the presidential elections. As a result, EUR/USD was moving lower basically throughout the whole trading session. US macroeconomic data did not influence moves of the currency pair much, though currently it […]
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October 312016
Sterling Reduces Its Biggest Monthly Losses Since Brexit
The Great Britain pound recovered from early losses on Monday against the euro and the US dollar to reduce some of the declines it recorded during October. The British currency is heading toward its biggest monthly depreciation since June when voters in the UK chose to leave the European Union. Markets are speculating that the UK government might decide to head for a hard Brexit; a scenario in which the nation would give up its […]
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October 312016
Sterling Reduces Its Biggest Monthly Losses Since Brexit
The Great Britain pound recovered from early losses on Monday against the euro and the US dollar to reduce some of the declines it recorded during October. The British currency is heading toward its biggest monthly depreciation since June when voters in the UK chose to leave the European Union. Markets are speculating that the UK government might decide to head for a hard Brexit; a scenario in which the nation would give up its […]
Read more
October 312016
Dollar Bounces from Friday’s Low, Heads for a Monthly Gain
The US dollar recovered against the euro on Monday as it heads for a monthly gain yet it remained lower than its highest level over the past five days of trading. The dollar had a sudden drop last Friday following reports of a new probe launched by the FBI that is investigating into emails linked to Hillary Clintonâs use of a private server when she was the secretary of state. However the US currency steadied […]
Read more
October 312016
Dollar Bounces from Friday’s Low, Heads for a Monthly Gain
The US dollar recovered against the euro on Monday as it heads for a monthly gain yet it remained lower than its highest level over the past five days of trading. The dollar had a sudden drop last Friday following reports of a new probe launched by the FBI that is investigating into emails linked to Hillary Clintonâs use of a private server when she was the secretary of state. However the US currency steadied […]
Read more