Forex News

US Jobless Claims Declines, but Concerns Remain

The euro dollar declined against the greenback on the first trading day of 2021 following the release of lower than…

4 years ago

US Pending Home Sales Index Decline for Third Consecutive Month

The euro dollar gained ground against the greenback following the report of weak pending home sales and wider than anticipated…

4 years ago

Pound Remains Weak Despite Post-Brexit Trade Deal

Following the inking of post-Brexit free trade partnership deal between the UK and the EU, the British pound declined by…

4 years ago

US New Home Sales Miss Forecasts by Wide Margin

The greenback remained range bound against the yen following the release of mixed economic data from the US. While the…

4 years ago

UK Economy Expanded 16% q-o-q in 3Q20 as Public Sector Net Borrowing Rises to Record High

The pound remained range bound against the greenback following the release of mixed economic data from the UK. While the…

4 years ago

ING Forecasts Double Dip For German Economy

The euro dollar remained range bound against the yen despite the release of better than anticipated German producer price index…

4 years ago

Yen Hits 5-Week High Against Greenback as China Reports 20-Month High Industrial Output

The Japanese yen strengthened against the greenback to hit a one-and-a-half-month high of 103.65 yesterday, aided by overall US dollar…

4 years ago

Russian Ruble Hits Four Month High on Lower-than-anticipated Q3 Contraction

The Russian ruble hit closed at 73.02 Friday, a level unseen since August 19, 2020, against the backdrop of increasing…

4 years ago

Euro Plummets Below 0.90 Against Pound on Weak Economic Data, Covid-19 Concerns

The EUR/GBP pair plummeted below 0.9000 levels, from a high of 0.9078 Wednesday, as optimism increased over post-Brexit trade discussions.…

4 years ago

Canadian Dollar Hits 2-Year High Against Greenback

Canadian dollar rallied 15% against the US since March, hitting a two-year high of 1.2792 against the greenback. Canadian economy…

4 years ago