- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Forex News
July 192018
British Pound Hits 10-Month Lows on Disappointing UK Retail Sales
The British pound today dropped to new 10-month lows following the release of disappointing UK retail sales data for June. The GBP/USD currency pair extended its losing streak for the third consecutive day even as investors ditched the pound on Brexit jitters amid recent weak economic releases. The GBP/USD currency pair today dropped from an initial high of 1.3082 to a low of 1.2974 and was on a downtrend at the time of writing. The UK retail sales data […]
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
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 172018
Euro Edges Lower on Jerome Powell Testimony, Rallying US Dollar
The euro slumped on Tuesday during Federal Reserve Chair Jerome Powellâs semi-annual testimony on Capitol Hill. As Powell told the US Senate Banking Committee that continued, gradual increases to interest rates will be the desired monetary policy moving forward, the euro fell against the US dollar, adding to its steep year-to-date losses. Powell, who will be speaking before the House Financial Services Committee on Wednesday, delivered an upbeat […]
Read more
July 172018
Euro Edges Lower on Jerome Powell Testimony, Rallying US Dollar
The euro slumped on Tuesday during Federal Reserve Chair Jerome Powellâs semi-annual testimony on Capitol Hill. As Powell told the US Senate Banking Committee that continued, gradual increases to interest rates will be the desired monetary policy moving forward, the euro fell against the US dollar, adding to its steep year-to-date losses. Powell, who will be speaking before the House Financial Services Committee on Wednesday, delivered an upbeat […]
Read more
July 172018
British Pound Crashes as PM May Faces Rebellion in Parliament
The British pound today rallied slightly higher in the early European session following the release of positive UK jobs data. The pound later witnessed a massive drop following Brexit headlines indicating that some Tory MPs were planning to sabotage PM May’s Brexit negotiating plan. The GBP/USD currency pair today crashed from a high of 1.3269 to a low of 1.3146 as investors reacted to the Brexit jitters. The publication of the UK labour market report […]
Read more
July 172018
British Pound Crashes as PM May Faces Rebellion in Parliament
The British pound today rallied slightly higher in the early European session following the release of positive UK jobs data. The pound later witnessed a massive drop following Brexit headlines indicating that some Tory MPs were planning to sabotage PM May’s Brexit negotiating plan. The GBP/USD currency pair today crashed from a high of 1.3269 to a low of 1.3146 as investors reacted to the Brexit jitters. The publication of the UK labour market report […]
Read more
July 162018
Canadian Dollar Climbs Higher As Investors Focus on Data
The Canadian dollar posted mild gains against its American counterpart on Monday as the loonie climbed above 76 cents for the first time in a week. While the loonie will try to find direction from the US dollar, investors will also concentrate on several key economic events this week. The CAD/USD currency pair rose 0.16% from an opening of 0.7599 to 0.7611 at 20:30 GMT. The USD/CAD currency pair tumbled 0.11% from an opening […]
Read more
July 162018
Canadian Dollar Climbs Higher As Investors Focus on Data
The Canadian dollar posted mild gains against its American counterpart on Monday as the loonie climbed above 76 cents for the first time in a week. While the loonie will try to find direction from the US dollar, investors will also concentrate on several key economic events this week. The CAD/USD currency pair rose 0.16% from an opening of 0.7599 to 0.7611 at 20:30 GMT. The USD/CAD currency pair tumbled 0.11% from an opening […]
Read more
July 162018
Euro Rallies on Risk-On Sentiment, Later Declines on US Retail Sales
The euro today rallied higher amid calm global financial markets, which encouraged a risk-on mood among investors boosting the single currency. However, the euro gave up some of its gains against the US dollar following the release of mixed US retail sales data in the early American session. The EUR/USD currency pair today rallied from an opening low of 1.1675 to a high of 1.1725 in the American session, but later gave up […]
Read more