Forex News

Interest rate differentials signal uptrend in AUD/CHF pair

So far in November, the Australian dollar has been on a steady decline against the Swiss Franc. The forced shut…

7 years ago

Pound signals uptrend on signs of peaking inflation

The Euro is on a tear against the Pound as the British Prime Minister Theresa May struggles to resolve issues…

7 years ago

Credit Suisse Hit With $135 Million Fine For Forex Violations

New York’s State Department of Financial Services (DFS) announced this week that they had decided to impose a fine of…

7 years ago

Kiwi dollar weakens on decline in dairy products prices

The uncertainty caused due to general elections in the New Zealand sparked a downtrend in the NZD/USD pair. On the…

7 years ago

Pound turns weak after BoE dashes hopes of rate hikes

The Bank of England, as anticipated, raised the benchmark interest rate by 25 basis points to 0.50% on Thursday. However,…

7 years ago

Euro up on fundamentally attractive valuations

In our October 26 report, we had forecast a downtrend in the EUR/USD pair. Further, we had also mentioned our…

7 years ago

Greenback up on Senate approval of budget blueprint

Last week, the US Senate approved the budget plan that gives way for tax cuts. Notably, the US Republican Senator…

7 years ago

Ruble strengthens on improvement in Russian economy

The deadlock in Brexit talks and the ECB president Mario Draghi’s dovish stance on tapering of monetary stimulus has kept…

7 years ago

Iron ore price rout keeps the Aussie bearish

Two weeks ago many brokers predicted a downtrend forecast in the AUD/JPY pair. Furthermore, many stated that a short position…

7 years ago

GoPro turns weak as Google launches AI based camera

On the basis of an upward revision of fiscal 2017 third-quarter outlook, on September 13th , there was a predicted…

7 years ago