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Day: March 14, 2017
March 142017
Yet Another American VPS Company (Accepts Bitcoin)
Hostwinds is another USA-based hosting provider that has been added to our list of Forex VPS companies. It markets itself as offering above-average services at budget prices. Basically, you can buy a $13.50/month Windows hosting package to allocate a MetaTrader platform. However, the company’s support staff recommends going with a Tier 3 VPS, which is $31.50/month, as it will result in a much better experience when running […]
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March 142017
British Pound Hits Lowest Level in Two Months as Parliament Approves Brexit Bill
The British pound weakened against major rivals on Tuesday to touch its lowest level since January, after UK lawmakers passed a bill from the British government that paves the way for Brexit. Investors now expect that UK Prime Minister Theresa May will trigger Article 50, which starts talks of exiting the European Union, later this month. After discussing some amendments to the Brexit bill, the Houses of Parliament […]
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March 142017
British Pound Hits Lowest Level in Two Months as Parliament Approves Brexit Bill
The British pound weakened against major rivals on Tuesday to touch its lowest level since January, after UK lawmakers passed a bill from the British government that paves the way for Brexit. Investors now expect that UK Prime Minister Theresa May will trigger Article 50, which starts talks of exiting the European Union, later this month. After discussing some amendments to the Brexit bill, the Houses of Parliament […]
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March 142017
EUR/USD Remains Bearish as German ZEW Survey Disappoints
The EUR/USD today established a bearish trend that was triggered by the release of the ZEW economic sentiment survey for Germany, which did not meet expectations. The currency pair was also affected by the stronger US dollar backed by the strong US Producer Prices for the month of February released by the Bureau of Labor Statistics. The currency pair lost significant ground today as yesterday’s bearish trend extended to today, thereby, increasing the selling pressure on the currency pair. The downward pressure […]
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March 142017
EUR/USD Remains Bearish as German ZEW Survey Disappoints
The EUR/USD today established a bearish trend that was triggered by the release of the ZEW economic sentiment survey for Germany, which did not meet expectations. The currency pair was also affected by the stronger US dollar backed by the strong US Producer Prices for the month of February released by the Bureau of Labor Statistics. The currency pair lost significant ground today as yesterday’s bearish trend extended to today, thereby, increasing the selling pressure on the currency pair. The downward pressure […]
Read more
March 142017
US Dollar Climbs Ahead of Federal Reserve Decision on Interest Rates
The US dollar gained strength against the euro and other major counterparts on Tuesday, as the greenback recovered from its losses on Friday. High anticipation for an interest rate hike from the Federal Open Market Committee tomorrow cleared the way for the US dollar to move higher at a time when other major currencies were held down by monetary and geopolitical forces. The Federal Open Market Committee will end a meeting that is set to last […]
Read more
March 142017
US Dollar Climbs Ahead of Federal Reserve Decision on Interest Rates
The US dollar gained strength against the euro and other major counterparts on Tuesday, as the greenback recovered from its losses on Friday. High anticipation for an interest rate hike from the Federal Open Market Committee tomorrow cleared the way for the US dollar to move higher at a time when other major currencies were held down by monetary and geopolitical forces. The Federal Open Market Committee will end a meeting that is set to last […]
Read more