Forex News

Aussie up on strong iron ore, coking coal prices

Weak consumer spending and rising inflation have been keeping the Pound under pressure for the past two months. On the…

7 years ago

Election uncertainty, RBNZ’s dovish stance turn Kiwi weak

Tensions between North Korea and the US had forced investors to look for safe haven assets earlier this month. That…

7 years ago

Strong employment data turns Pound bullish

We had forecast a rally in the GBP pair, on the basis of a robust employment and PMI data from…

7 years ago

Geopolitical tensions strengthen Swiss Franc

In our August 4th report, we had predicted the USD/CHF pair to decline due to lower than anticipated unemployment data…

7 years ago

Yen rises amid escalating tensions between N.Korea & US

On the basis of an upwardly revised Euro Zone outlook issued by the IMF, we had predicted a Euro dollar…

7 years ago

Swiss Franc strengthens on strong retail sales, PMI data

Better than anticipated flash manufacturing PMI and strong demand for homes enabled the US dollar to climb against the Swiss…

7 years ago

Soft inflation, dovish RBA keeps Aussie weak

Expectation of a change in stance to hawkish by the RBA had kept the Aussie bullish against the Canadian dollar…

7 years ago

Saudi’s decision to limit oil exports strengthens Loonie

Improved economic outlook and hint of another rate hike by the Bank of Canada enabled the Canadian dollar to rally…

7 years ago

Euro up on rising demand for Euro-denominated assets

In our July 10 report, we had forecasted the EUR/CAD pair to decline to 1.4460 levels. We had also mentioned…

7 years ago

Greenback turns weak on large trade deficit

Unexpected economic contraction in the first quarter of 2017 and junk status of the foreign currency denominated bonds weakened the…

7 years ago