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Day: March 27, 2017
March 272017
Best Forex VPS Poll
There are many VPS providers catering to the Forex traders these days (36 listed on EarnForex.com as of today). If you do not know what VPS is and how it works, you can read our How Does VPS Work in Forex Trading? post and see our Forex VPS Infographic. Choosing the best one for yourself can be as hard as choosing the right Forex broker. However, if you […]
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March 272017
Canadian Dollar Climbs Against US Counterpart amid Uncertainty Surrounding Trump Plans
The Canadian dollar edged higher against its US counterpart on Monday, as investors became uncertain about the future of Donald Trumpâs economic agenda. A healthcare bill that aimed to dismantle and replace Obamacare failed to pass in Congress on Friday, which raised concerns that the economic plans of the president might face a great deal of resistance. Investors had awaited details on Trumpâs promised fiscal stimulus and corporate tax cuts for months, but the presidentâs […]
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March 272017
Canadian Dollar Climbs Against US Counterpart amid Uncertainty Surrounding Trump Plans
The Canadian dollar edged higher against its US counterpart on Monday, as investors became uncertain about the future of Donald Trumpâs economic agenda. A healthcare bill that aimed to dismantle and replace Obamacare failed to pass in Congress on Friday, which raised concerns that the economic plans of the president might face a great deal of resistance. Investors had awaited details on Trumpâs promised fiscal stimulus and corporate tax cuts for months, but the presidentâs […]
Read more
March 272017
GBP/USD Rallies Ahead of Theresa May’s Triggering of Article 50
The GBP/USD currency pair rallied higher today as markets anticipate the triggering of Article 50 on Wednesday by the UK Prime Minister, Theresa May. The British pound rallied higher boosted by the positive economic data released recently in the UK, while markets ignored the uncertainty associated with the official Brexit process. The currency gained close to 100 pips at the height of its rally boosted by the stronger British pound and the weaker US dollar. The currency pair rallied boosted […]
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March 272017
GBP/USD Rallies Ahead of Theresa May’s Triggering of Article 50
The GBP/USD currency pair rallied higher today as markets anticipate the triggering of Article 50 on Wednesday by the UK Prime Minister, Theresa May. The British pound rallied higher boosted by the positive economic data released recently in the UK, while markets ignored the uncertainty associated with the official Brexit process. The currency gained close to 100 pips at the height of its rally boosted by the stronger British pound and the weaker US dollar. The currency pair rallied boosted […]
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March 272017
Yen Climbs Following Trump’s Failure to Dismantle Obamacare
The Japanese yen gained today, rallying to the highest level since November against the US dollar, after US President Donald Trump failed to push his health care bill. Meanwhile, the Bank of Japan released the Summary of Opinions for the March policy meeting. Trump’s failure to dismantle the Obamacare put markets into a risk-averse mode as investors were concerned that it was a sign that the President will also have troubles implementing […]
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March 272017
Yen Climbs Following Trump’s Failure to Dismantle Obamacare
The Japanese yen gained today, rallying to the highest level since November against the US dollar, after US President Donald Trump failed to push his health care bill. Meanwhile, the Bank of Japan released the Summary of Opinions for the March policy meeting. Trump’s failure to dismantle the Obamacare put markets into a risk-averse mode as investors were concerned that it was a sign that the President will also have troubles implementing […]
Read more
March 272017
US Dollar Weak as Trump Fails to Repeal Obamacare
The US dollar was broadly weak during Monday’s trading session after US President Donald Trump suffered a major defeat on Friday, failing to dismantle the Obamacare. The greenback was trading near the lowest level since November against such currencies like the euro and the Swiss franc. House Speaker Paul Ryan pulled the bill to repeal the Patient Protection and Affordable Care Act before voting could even start, meaning that […]
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March 272017
US Dollar Weak as Trump Fails to Repeal Obamacare
The US dollar was broadly weak during Monday’s trading session after US President Donald Trump suffered a major defeat on Friday, failing to dismantle the Obamacare. The greenback was trading near the lowest level since November against such currencies like the euro and the Swiss franc. House Speaker Paul Ryan pulled the bill to repeal the Patient Protection and Affordable Care Act before voting could even start, meaning that […]
Read more