Riya Joshi

Upbeat construction PMI data turns Pound bullish

The unwinding of short positions continues to keep the Pound firm against the major currencies, including the Swiss Franc. The…

8 years ago

Ringgit to strengthen on forecasted 4.2% YoY GDP growth

The stellar non-farm employment change, better than expected core retails sales, a decline in the unemployment claims, higher than expected…

8 years ago

Pound signals reversal on rise in core CPI

On June 17th , we had recommended taking a long position in the GBPPLN currency pair at 5.50 with a…

8 years ago

Loonie turns bullish as crude oil consolidates around $50

Almost a week before the announcement of the Brexit referendum results, the CAD/JPY hit a 4-year low of 76.12. However,…

8 years ago

New Zealand dollar to fall on low inflation concerns

The outcome of two surveys indicating a lead for the ‘Remain’ campaign triggered a rally not only in the Pound…

9 years ago

Zloty weakens on Polish Minister’s conservative statement

The last few days saw the Pound consolidating against the Polish Zloty. That looks contrasting in the sense that Pound…

9 years ago

Euro to decline on Brexit fears

Last Friday, a series of positive economic data propelled the Euro against most of the currencies, including the Mexican Peso.…

9 years ago

US dollar to decline on possible delay in Fed rate hike

The speculation of a Fed rate hike resulted in an uptrend in the USDZAR pair, which hit a high of…

9 years ago

Pound to strengthen further on BoE’s rate hike hint

As the market started unwinding a portion of the Brexit premium, the Pound galloped against all the major currencies and…

9 years ago

US dollar remains weak on soft payrolls data

For the past two months, the EURUSD pair exhibited a range bound movement between 1.0585 and 1.1450. A week before,…

9 years ago