EUR/USD daily trading data since January 1971 is readily available from many brokers and demo servers. In theory, this would allow analysis of EUR/USD trading range beginning from the Nixon’s election to his second term on November 7, 1972. In practice, the data we have before 1988 is largely unusable due to poor quality — Open, High, Low, and Close are equal for some days. Also, no […]
Read moreThe Canadian dollar gained on its major counterparts as market participants were speculating about the possible outcome of the US presidential elections. Economic data released from Canada over the trading session was not great, but it took the backseat to the US elections. At the present time, it looks like Democratic candidate Hillary Clinton leads in the presidential race. Markets welcomed this as they prefer her over Republican candidate Donald […]
Read moreThe Canadian dollar gained on its major counterparts as market participants were speculating about the possible outcome of the US presidential elections. Economic data released from Canada over the trading session was not great, but it took the backseat to the US elections. At the present time, it looks like Democratic candidate Hillary Clinton leads in the presidential race. Markets welcomed this as they prefer her over Republican candidate Donald […]
Read moreThe US dollar had a small decline in todayâs trading against the euro and the British pound as nervous traders anticipated the result of todayâs election race between Democratic candidate Hillary Clinton and Republican Donald Trump. Latest opinion polls showed that Clinton has a lead over Trump after FBI Director James Comey told Congress on Monday that the agency found no evidence to support criminal charges against the Democratic candidate, […]
Read moreThe US dollar had a small decline in todayâs trading against the euro and the British pound as nervous traders anticipated the result of todayâs election race between Democratic candidate Hillary Clinton and Republican Donald Trump. Latest opinion polls showed that Clinton has a lead over Trump after FBI Director James Comey told Congress on Monday that the agency found no evidence to support criminal charges against the Democratic candidate, […]
Read moreThe Great Britain pound rose a little today thanks to relatively good economic indicators released from the United Kingdom over the trading session. The gains were limited, though, as traders were reluctant to place bets ahead of the US elections. British Retail Consortium reported that retail sales rose 1.7% in October from a year ago on like-for-like basis. Manufacturing production grew 0.6% in September exceeding market expectations. The only bad […]
Read moreThe Great Britain pound rose a little today thanks to relatively good economic indicators released from the United Kingdom over the trading session. The gains were limited, though, as traders were reluctant to place bets ahead of the US elections. British Retail Consortium reported that retail sales rose 1.7% in October from a year ago on like-for-like basis. Manufacturing production grew 0.6% in September exceeding market expectations. The only bad […]
Read moreThe Australian dollar was soft today as economic data both domestic and from abroad was not particularly good. This added to the weakness caused by the uncertainty regarding the outcome of the US presidential elections. The National Australia Bank reported that the business confidence slipped from +6 to +4 in October, though the report said “this could still be interpreted as a solid outcome.” Meanwhile, China registered a trade surplus of $49.06 last month. […]
Read moreThe Australian dollar was soft today as economic data both domestic and from abroad was not particularly good. This added to the weakness caused by the uncertainty regarding the outcome of the US presidential elections. The National Australia Bank reported that the business confidence slipped from +6 to +4 in October, though the report said “this could still be interpreted as a solid outcome.” Meanwhile, China registered a trade surplus of $49.06 last month. […]
Read more