December 13th 2019 - The conclusion of the UK’s general election on December 12th saw the Conservative party to secure its best victory since 1987. Securing a majority in the UK’s Parliament, Prime Minister Boris Johnson is to keep in power and lead the...
December 13th 2019 - On Thursday, the GBP soared to its highest since mid-2018 as Brexit polls results quickly wiped out any chance of shock win by the Labour Party- which had been a worry for the investors. Boris Jonson, the U.K. prime minister,...
December 13th 2019 - The U.S Bureau of Labor Statistics announced the Producer Price Index for November on Thursday. According to the report, producer prices remained unchanged in November as a considerable drop in services’ cost balanced the rising prices for gasoline and food....
December 13th 2019 - In an attempt to dilute the trade war, China announced on Thursday that it is willing to increase its purchase of U.S agricultural products to $50 billion in the upcoming year. In response, the United States of America reciprocated with...
December 12th 2019 - In a policy meeting on Thursday, the European Central Bank (ECB) announced that it has decided in favor of keeping rates unchanged. The meeting held in Frankfurt earlier today was the first one presided by Christine Lagarde. ECB’s Main Deposit...
December 12th 2019 - The GBP/USD exchange rate was steady at nine-month highs today, trading at $1.321. Markets seem to have priced in a Conservative Party win in today’s general election. ‘Support for Conservatives is almost back to the level it enjoyed in 2017,...
December 12th 2019 - The day of the UK general election is here. With voters marching to the poll stations, analysts and investors alike are interested in seeing the impact of the different outcomes of the election on the forex market. According to economists,...
December 12th 2019 - On Thursday, the dollar hovered near a four-month low, nursing its steepest losses in weeks after the Fed forecast that it would keep interest rates on hold in 2020. Investors also remain cautious ahead of the Dec 15 deadline for...
December 12th 2019 - As per the expectations and in line with the previous announcement by the Fed chair, Jerome Powell, the U.S Federal Reserve kept the interest rates unchanged in its policy meeting on Wednesday. The Fed also expressed confidence that the U.S...
December 11th 2019 - On Wednesday, the USD inched up in Asia as traders eyed the Fed meetings and China-US trade news. The Dollar Index last traded at 97.485 by 03:46 GMT up 0.1%. The Fed Reserve will decide on the rates on Wednesday,...
December 11th 2019 - On Wednesday, during the early trade, the GBP dropped after a poll showed a narrowing lead for the British PM Boris Johnson’s Conservative Party in the election later this week. The USD movement looked to the Fed’s policy meeting. Investors...
December 10th 2019 - ZEW announced the German economic sentiment report for December earlier this afternoon. Beating analysts forecast and figure for November, the report fueled an upward rally in the EUR/USD. As per December’s report, the German ZEW economic sentiment hiked to 10.7...
December 10th 2019 - On Tuesday, the EUR/USD exchange rate remained muted, leaving the pair to trade at around $1.1082. The dollar was also steady against a basket of currencies at 97.605. The pair remained flat as the markets remained wary of the looming...
December 10th 2019 - On Tuesday, the USD remained unchanged in Asia ahead of the Fed meeting and the looming tariff deadline later this week. The U.S. Dollar index was also unchanged at 97.610 by 04:30 GMT. Expected this week are policy meetings at...
December 10th 2019 - With the ongoing trade war between the two largest economies of the world, the United States of America and China, the economies have remained of interest for investors and analysts alike. The economic data that provides insight into the two...
December 9th 2019 - On Monday, the USD held firm after the US jobs data showed surprising strength in the US jobs market. However, worries about the escalating trade war between China and the US restrained the currency from moving higher. The dollar index...
December 9th 2019 - According to a report released at 07:00 GMT on Monday, German exports saw a slight improvement in October. A total of 119.5 billion euros worth of goods were exported by Germany in October. The report further added that the figure...
December 9th 2019 - The USD and the euro were stable on Monday in Asia as traders awaited the central bank meetings due later this week. The U.S Dollar index changed little at 97.685 by 03:57 GMT. Markets expect the Fed Reserve to keep...
December 8th 2019 - According to the customs data announced on Sunday, China’s exports have dropped for the fourth month in a row in November. The November’s data reiterated that China’s economy is under pressure amidst the U.S – China trade complications. The trade...
December 7th 2019 - The economic data announced on Friday hinted at the troubles that the Canadian economy is currently facing. At 13:30, Canada released its employment change and unemployment rate reports, both of which missed the analysts’ forecast. Following the reports, the National...
December 6th 2019 - The job growth in the United States of America in November has been printed as the highest in the past 10 months, as per the report released at 13:30 GMT. With a major boost in hiring from the healthcare industry...
December 6th 2019 - On Friday, the USD remained stable in Asia as traders looked forward to the release of the latest U.S. job report due later today. The U.S. dollar index was unchanged at 97.380 by 05:30 GMT. The index tracks the USD...
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