Forex
Forex news, updates, articles and analysis.
Yesterday’s ECB resulting stock markets weakened while gold declined
Yesterday’s ECB meeting went as investors forecast and failed to exceed expectations. New expansive measures seem to be ready, but...
Read moreDraghi pointed to new easing cycle in September
Mario Draghi spoke yesterday at the end of the ECB’s policy committee meeting and the Euro recovered some of the...
Read morePossible Hard-Brexit, more Pound volatility ahead
The Pound recovered some terrain yesterday, following the appointment of Boris Johnson as the new British prime minister and the...
Read moreCentral banks and earnings competition
Apart from a brief positive wind coming from the trade dispute arena, namely from the scheduled trip to China by...
Read moreInvestors awaiting concrete developments for next significant Sterling movement.
The Pound is almost flat on the day, following yesterday’s announcement that Boris Johnson will be the UK’s next prime...
Read morePound is down ahead of next British Prime Minister announcement
The Pound is down almost 0.3% to the US Dollar, trading at around $1.24, on the day when the next...
Read moreUS dollar slowly but steadily devalue against major currencies
The Greenback keeps losing ground against other major currencies and currently the Dollar Index is trading around the 96.7 level,...
Read moreProbability of no-deal Brexit bring Pound to two-and-a-half-year low
The Pound hit a two-and-a-half-year low against the US Dollar and is currently trading below $1.2390. Sterling weakness, to some extent, results...
Read morePound is down by increasing likelihood of no deal Brexit
The Pound is down, almost 0.4% against the U.S. dollar. Sterling weakness is justified by the increasing likelihood of a...
Read moreTurkish Lira is under the spotlight
The Turkish Lira is under the spotlight, following this weekend’s downgrading of the country’s credit rating by Fitch. Basing its...
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