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Day: February 8, 2017
February 82017
Interview with Elisa Sandström from ActualTraders
Unfortunately, it looks like the whole ActualTraders setup turned out to be a scam. I hope you did not fall for it and I believe that there is a lesson for us to learn here. Have you ever want to trade for a prop shop? Have you seen any ads of prop shops hiring in your area? Me neither. ActualTraders is an online proprietary trading firm for common traders — like you and me. […]
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February 82017
Canadian Dollar Climbs to Reverse Yesterdayâs Direction Ahead of Housing Starts Data
The Canadian dollar rose against the US dollar to post small gains on Wednesday, as the Canadian currency reversed its direction after the release of Canadian housing starts data. The Canadian dollar has been under pressure from President Donald Trumpâs protectionist approach in the past days. President Trump, who has been in position for just a few weeks, raised investorsâ concerns after announcing that he intends to fulfill his promise […]
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February 82017
Canadian Dollar Climbs to Reverse Yesterdayâs Direction Ahead of Housing Starts Data
The Canadian dollar rose against the US dollar to post small gains on Wednesday, as the Canadian currency reversed its direction after the release of Canadian housing starts data. The Canadian dollar has been under pressure from President Donald Trumpâs protectionist approach in the past days. President Trump, who has been in position for just a few weeks, raised investorsâ concerns after announcing that he intends to fulfill his promise […]
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February 82017
US Dollar Loses Momentum Triggered by Lower Bond Yields
The US dollar today weakened against other major currencies given the lower bond yields witnessed in the markets and an empty economic docket. The greenback lost momentum in the early North American session due to the lack of major financial releases, or comments from US President Donald Trump. The US dollar seemed to lose momentum against its main peers given the gains it had made during previous sessions. The US dollar index, which tracks […]
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February 82017
US Dollar Loses Momentum Triggered by Lower Bond Yields
The US dollar today weakened against other major currencies given the lower bond yields witnessed in the markets and an empty economic docket. The greenback lost momentum in the early North American session due to the lack of major financial releases, or comments from US President Donald Trump. The US dollar seemed to lose momentum against its main peers given the gains it had made during previous sessions. The US dollar index, which tracks […]
Read more
February 82017
Polish Zloty Backs Off as Central Bank Stays Passive
The Polish zloty backed off from the recent highs today after the nation’s central bank decided to keep the record low interest rates unchanged. The National Bank of Poland left its interest rates the same at today’s policy meeting, including the reference rate that stayed at 1.5%. Such decision was widely anticipated by experts. Poland was demonstrating good economic performance lately, and that drove the zloty to multi-month highs recently, […]
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February 82017
Polish Zloty Backs Off as Central Bank Stays Passive
The Polish zloty backed off from the recent highs today after the nation’s central bank decided to keep the record low interest rates unchanged. The National Bank of Poland left its interest rates the same at today’s policy meeting, including the reference rate that stayed at 1.5%. Such decision was widely anticipated by experts. Poland was demonstrating good economic performance lately, and that drove the zloty to multi-month highs recently, […]
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February 82017
Pound Slides vs. Dollar & Yen, Driven by Brexit Fears
The Great Britain pound slid against the US dollar and the Japanese yen today as the Brexit uncertainty continued to drive moves of the currency. Meanwhile, one of the Bank of England policy makers said that an interest rate hike may be required soon. Kristin Forbes, an external member of the central bank’s Monetary Policy Committee, voiced an opinion that mounting inflation pressure may prompt the BoE to hike interest rates relatively soon: […]
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February 82017
Pound Slides vs. Dollar & Yen, Driven by Brexit Fears
The Great Britain pound slid against the US dollar and the Japanese yen today as the Brexit uncertainty continued to drive moves of the currency. Meanwhile, one of the Bank of England policy makers said that an interest rate hike may be required soon. Kristin Forbes, an external member of the central bank’s Monetary Policy Committee, voiced an opinion that mounting inflation pressure may prompt the BoE to hike interest rates relatively soon: […]
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February 82017
Economic Data Doesn’t Make Yen Move
The Japanese yen did not move far following the release of macroeconomic data from Japan and the Summary of Opinions at the central bank’s January policy meeting. The Bank of Japan demonstrated a relatively positive view on the Japanese economy, saying: Since the second half of 2016, Japan’s economic recovery has strengthened. Positive synergy effects are being produced by improvement in overseas economies, economic stimulus measures by the government, and enhanced monetary easing. At the same […]
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