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Day: April 30, 2019
April 302019
Canadian Dollar Weakens on Shrinking Economy, Business Sentiment
The Canadian dollar is weakening on Tuesday after new data showed that the economy contracted in February, reducing some of its gains in January. Thanks to sluggish resource output, analysts are beginning to forecast an economic slump in the first quarter. This could explain why there is declining business sentiment nationwide. According to Statistics Canada, the gross domestic product (GDP) slipped 0.1% in February, down from the 0.3% gain in January. […]
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April 302019
Forex Brokers Update â April 30th, 2019
No new brokers have been added to our listing in April, but during the last 10 days, some of the listed companies have been updated: Exness removed Cent account type from its available accounts. FBS now offers trading with the maximum leverage of 1:3000 (vs. 1:2000 before). Evolve Markets extended its range of crypto markets for trading: BCH/USD, BTC/EUR, BTC/USD, DASH/USD, EOS/USD, ETC/USD, ETH/USD, […]
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April 302019
EUR/USD Rallies After Data from Eurozone
EUR/USD rallied today, rising for the third consecutive trading session. Markets welcomed macroeconomic data released in the eurozone today, even though not all indicators were good. US economic data was mixed as well. S&P/Case-Shiller home price index rose 3.0% in February on an annual basis. That is compared to the forecast increase of 3.7% and the January growth by 3.5%. On a monthly basis, the index rose 0.2%. (Event A on the chart.) Chicago PMI […]
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