Forex News

Ringgit to strengthen on forecasted 4.2% YoY GDP growth

The stellar non-farm employment change, better than expected core retails sales, a decline in the unemployment claims, higher than expected…

8 years ago

Pound signals reversal on rise in core CPI

On June 17th , we had recommended taking a long position in the GBPPLN currency pair at 5.50 with a…

8 years ago

Loonie turns bullish as crude oil consolidates around $50

Almost a week before the announcement of the Brexit referendum results, the CAD/JPY hit a 4-year low of 76.12. However,…

8 years ago

New Zealand dollar to fall on low inflation concerns

The outcome of two surveys indicating a lead for the ‘Remain’ campaign triggered a rally not only in the Pound…

8 years ago

Zloty weakens on Polish Minister’s conservative statement

The last few days saw the Pound consolidating against the Polish Zloty. That looks contrasting in the sense that Pound…

8 years ago

Euro to decline on Brexit fears

Last Friday, a series of positive economic data propelled the Euro against most of the currencies, including the Mexican Peso.…

8 years ago

US dollar to decline on possible delay in Fed rate hike

The speculation of a Fed rate hike resulted in an uptrend in the USDZAR pair, which hit a high of…

8 years ago

Pound to strengthen further on BoE’s rate hike hint

As the market started unwinding a portion of the Brexit premium, the Pound galloped against all the major currencies and…

9 years ago

US dollar remains weak on soft payrolls data

For the past two months, the EURUSD pair exhibited a range bound movement between 1.0585 and 1.1450. A week before,…

9 years ago

Japan Issue Warnings Due Yen Surge Against The Dollar

Japanese Finance Minister Taro Aso has once again expressed concern over the strengthening of the yen against the US dollar,…

9 years ago