Unexpected economic contraction in the first quarter of 2017 and junk status of the foreign currency denominated bonds weakened the…
On the basis of a decline in the Eurozone current account surplus and an upbeat sales data reported by Statistics…
The unanticipated outcome of the UK election, which resulted in a hung parliament, and the dominance of the EU members…
On the basis of a dovish rate hike by the Fed in June and a decline in consumer prices in…
The Euro dollar outlook turned bearish last week as agencies reported a decline in the German factory orders and Italian…
The outcome of the UK election continues to weigh on the Pound, which has now turned to be the worst…
On May 29th, a predicted a downtrend in the GBP/USD pair and an interest to go short at 1.2840 levels,…
The Euro dollar fell earlier this week due to a rumor that the ECB is about to cut inflation forecasts.…
Considering the improved outlook for oil and reasonably strong Canadian retail sales in March, on May 19th, we had stated…
The NZD/USD pair had a decent rally of about 100 pips in the past ten days. Strong retail sales data…