Forex News

Kiwi down on fall in dairy prices, political uncertainty

An unexpected widening of trade deficit in August, slowing housing market, a decline in the price of crude oil and…

7 years ago

US dollar down on concerns over US tax reform plan

In our September 21st report, we had forecast the GBP/USD pair to decline from the level of 1.3510. Furthermore, we…

7 years ago

Euro strengthens on strong German employment data

The improvement in the Euro zone economy over the past few months has strengthened the Euro considerably against the G10…

7 years ago

US tax reform plan turns Greenback bullish

The Kiwi dollar fell sharply on Monday after none of the parties got a majority in the general election conducted…

7 years ago

Carney’s hint of gradual rate hikes turn Pound bearish

The GBP/USD pair had rallied about 500 pips in the past one week to hit a high of 1.3618 on…

7 years ago

Ruble remains bullish on strong Q2 2017 GDP growth

Since the beginning of August, the Euro dollar has been on a decline against the Russian Ruble. The recovery in…

7 years ago

SNB maintains rates, ready to intervene on Franc

In August most forex analysts predicted an uptrend in the AUD/CHF pair, on the basis of a recovery in the…

7 years ago

Surprise rate hike by BoC propels Canadian dollar

The EUR/CAD pair remained range bound between 1.4600 and 1.5000 for the past five months. While the French election, notable…

7 years ago

Euro turns weak on soft service sector PMI data

North Korea’s aggressive rhetoric and expectations of an announcement regarding the ECB tapering has strengthened the Euro dollar against the…

7 years ago

Strong Q2 GDP growth turns Greenback bullish

The USD/MXN pair has been on a decline for the past six-months. The inability of the Trump administration to push…

7 years ago