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Day: July 18, 2018
July 182018
EUR/USD Declines, Recovers on US Housing Data
The US dollar had been winning against the single European currency during the late London and early New York trading sessions today before the poor US real estate statistics indicators made euro jump up. EUR/USD has not yet recovered all of its early losses but is doing quite well as of now. Housing starts and building permits declined significantly in the United States in June. Housing starts […]
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July 182018
Bullish Jerome Powell Congressional Testimony Sends Canadian Dollar Lower
The Canadian dollar is trading lower midweek as the head of the US central bank wrapped up his semi-annual testimony on Capitol Hill on Wednesday and investors eye the latest US economic data. Analysts warn that the loonie is not expected to record any significant movement in the coming weeks until trade negotiations between Washington and Ottawa are completed. Federal Reserve Chair Jerome Powell spoke before the House Financial Services […]
Read more
July 182018
Bullish Jerome Powell Congressional Testimony Sends Canadian Dollar Lower
The Canadian dollar is trading lower midweek as the head of the US central bank wrapped up his semi-annual testimony on Capitol Hill on Wednesday and investors eye the latest US economic data. Analysts warn that the loonie is not expected to record any significant movement in the coming weeks until trade negotiations between Washington and Ottawa are completed. Federal Reserve Chair Jerome Powell spoke before the House Financial Services […]
Read more
July 182018
EUR/USD Declines, Recovers on US Housing Data
The US dollar had been winning against the single European currency during the late London and early New York trading sessions today before the poor US real estate statistics indicators made euro jump up. EUR/USD has not yet recovered all of its early losses but is doing quite well as of now. Housing starts and building permits declined significantly in the United States in June. Housing starts […]
Read more