Industry

Trend of Canadian Dollar to be Determined by Inflation Figures

Last week's final session saw the Pound to Canadian Dollar exchange rate staying close to the middle of a potential…

2 years ago

Pound Sterling Gains Ground Against Euro & Dollar as Inflation Data Suggests Another Rate Hike by BoE

The British Pound went up against the Euro, the U.S. Dollar, and most of its other peers after a string…

2 years ago

Safe Haven Buying Propels Greenback Against the Euro Despite Weak US Retail Sales

When U.S. retail sales numbers came out and they were much lower than expected, the Dollar got stronger and stocks…

2 years ago

Pound Remains Strong Against the Euro as BoE Signals Likelihood of Additional Hikes

Some analysts anticipate future gains for the British pound in the aftermath of the Bank of England's most recent interest…

2 years ago

Pound Poised for Further Decline

In accordance with recent research undertaken by HSBC, the UK economy is conditioned to devalue its currency in the long…

2 years ago

Yen Marred by Dollar’s Uptrend as Robust Jobs Data Lifts US Bond Yields

Following seemingly jaw-dropping employment and salary numbers that seemed to entice an already aggressively hawkish Federal Reserve (Fed), and stunned…

2 years ago

US Manufacturing Index Hits Two-year Low in June

In the European session on Friday, the US dollar rose versus its main rivals as European markets sank on increasing…

2 years ago

Japanese Yen Hits 20-Year Low as US Yields Rise

The dollar-yen exchange rate fell to a 20-year low earlier today, helped by strong US Treasury rates and perhaps positive…

3 years ago

Malaysian Ringgit’s Trend to be Decided by Multiple External Factors

As per an economist, the ringgit is forecast to be affected by external forces next week, with investors having a…

3 years ago

HSBC Analyst – US Dollar Could Strengthen in Days Ahead

As per a prominent foreign currency trader, the Pound-to-Dollar exchange rate (GBP/USD) failed to substantially breach and hold 1.42 in…

3 years ago