Forex News

Signs of economic recovery strengthens Singapore dollar

Since mid-November the Singapore dollar remains weak against the Greenback. The primary reason for the weakness is the 0.2% drop…

8 years ago

New Zealand dollar turns bullish on rise in dairy prices

The announcement of production cut by the OPEC cartel, which pumps out nearly 1/3rd of global crude supply, enabled the…

8 years ago

Upcoming Italy Referendum Turns The Euro Weaker

The victory of Trump bolstered the Greenback against other major currencies in an unexpected manner. Not surprisingly, the Euro dollar…

8 years ago

Canadian dollar turns weak as crude fails to cross $50

The Canadian dollar turned weak during the period ranging from mid-October to mid-November. There were two reasons for the weakness.…

8 years ago

Aussie weakens on decline in iron ore price

Based on the rally in the price of iron ore and coking coal, on October 13, we had advised currency…

8 years ago

Looming renegotiation of NAFTA turns Loonie weaker

The considerable increase in the Forex market volatility, brought about by the surprising victory of Donald Trump in the US…

8 years ago

Canadian dollar turns weak on rate cut speculation

The 0.4% q-o-q contraction of the Canadian economy in the second-quarter ended June, the rise in the unemployment rate to…

8 years ago

Euro remains weak on lackluster economic growth

The outcome of the Brexit referendum hardly allowed any kind of recovery in the Euro dollar, so far, against any…

8 years ago

Aussie turns weak on forecast of fall in commodity prices

On September 15, we had reported that the AUD/USD is on the verge of a breakout on the upside and…

8 years ago

Firm iron ore and coal prices keep the Aussie bullish

On September 23, we had suggested currency traders to take a long position in the AUD/JPY pair near 76.70, with…

8 years ago