Forex News

Yen strengthens as commodity import costs decline

On the basis of hawkish stance taken by the US Fed, a long position in the USD/JPY pair in April…

8 years ago

Kiwi down on stagnant wages, rising capital cost concerns

As crude oil went below the crucial $50 per barrel mark, the Canadian dollar began to lose ground against most…

8 years ago

Aussie to strengthen on rally in Iron ore, coking coal

In our March 17th article, we had predicted the Australian dollar to decline against the Greenback, on the basis of…

8 years ago

Canadian dollar strengthens on hawkish statement from BoC

Lower than anticipated unemployment claims in the US and sharp decline in the price of crude oil fuelled a rally…

8 years ago

Kiwi strengthens on rise in price of whole milk powder

New Zealand saw a trade deficit of about $18 million in February due to a decline in the price and…

8 years ago

Pound UP on May’s conciliatory speech in UK Parliament

At the beginning of this year, many analysts and speculators were betting on the Euro to trade at par with…

8 years ago

Rising support for Macron in French election boosts Euro

The unexpected support for ECB rate hikes from Ewald Nowotny, Austrian representative on the ECB’s council, and victory of pro-EU…

8 years ago

Aussie signals downtrend on rise in unemployment rate

On the basis of a decline in the private capital expenditure and record high inventories of iron ore at the…

8 years ago

Sharp decline in German factory orders turn Euro weaker

On the basis of a high debt to GDP ratio of China and probable defeat of Marine Le Pen in…

8 years ago

Aussies weakens on decline in private capital expenditure

Lower than anticipated flash manufacturing PMI in February and less hawkish stance of the Fed turned the US dollar weak…

8 years ago