November 12th - The pound has surged after Brexit party announced it would not stand in Conservative-held seats at the general election next month. Farage’s comments and the likelihood of a clear victory for the Conservatives, remove some political uncertainty discounts on U.K...
November 8th - In recent weeks, statements from the U.S and Chinese representatives stirred up the optimism regarding a trade deal. The President of the United States of America, Donald Trump, however, stated earlier this morning that he has no plans of rolling...
November 7th - The global economic slowdown has been the talk of the financial markets in the past few months. As per the EU economic forecasts announced today at 10:00 GMT, the slowdown is likely to continue with the global trade complications casting...
November 5th - Citi Group recently suggested an imminent drop in the U.S dollar index to 85 level. President Trump also opinionated last week that the U.S dollar is overvalued and a weaker national currency could work in the best interest of the...
November 4th - Following John Bercow’s resignation from the UK’s House of Commons, Sterling has been under pressure in the forex market while the investors wait for the Parliament to declare its new speaker. As per the sources, Lindsay Hoyle is currently leading...
November 1st - The U.S Federal Reserve recently announced its plan of expanding the balance sheet via buying a greater number of bond assets. Followed by the announcement, a Citi Strategist remarked on Thursday that he foresees the U.S dollar index (DXY) to...
November 1st - Institute of Supply Management (ISM) posted the U.S Manufacturing Purchasing Manager’s Index (PMI) for October at 14:00 GMT on Friday. According to the report, U.S Manufacturing PMI continued contraction for the third month in a row. The worse than expected...
October 30th - The FOMC (Federal Open Market Committee) statement released at 18:00 GMT has reported that the U.S policymakers have decided in favor of cutting the rates by 25 basis points for the third time this year. The statement has further expressed...
October 30th - The U.S gross domestic product has beaten analysts forecast for Q3 of 2019. Compared to the figure for the second quarter, however, the decline in business investments due to macroeconomic uncertainty has brought the figure slightly down. U.S Economic Activity...
October 29th - The Conference Board (CB) Consumer Confidence Index (CCI) has been reported to have slightly dropped to 125.9 in October. The index had previously fallen in September to 126.3. The analysts forecast for this month was 128.0 that has been missed....
October 28th - Pointing at the paralysis that Brexit delays are causing in the United Kingdom at large, Prime Minister Boris Johnson was reported stating on Saturday that it is time for the Parliament to quit keeping the entire country its hostage. Mr....
October 27th - The currently prevailing global economic slowdown is turning into a hot debate in the world of business and finance. In an instance of global recession, it is usually the emerging markets that rescue the global economy with their relatively faster...
October 26th - Mr. Robert Lighthizer, the U.S trade representative, had announced yesterday that parts of the interim deal have been finalized with China. According to the CNBC sources, however, while the Trump administration is looking forward to signing the deal with the...
October 25th - The U.S – China trade negotiations have accomplished more than the analysts could have forecasted. Ever since the trade talks were kicked off earlier in October 2019, Vice Premier Liu He and President Trump have been reiterating that the negotiations...
October 25th - The Great Britain Pound (GBP) slips down against the US Dollar (USD) on Friday, decreasing the price to less than 1.2900. The price decreases after a major economic release with respect to building permits in the United Kingdom. The technical...
October 24th - The United States Dollar (USD) inched higher against the Canadian Dollar (CAD) on Thursday, increasing the price to more than 1.3000, following some major economic releases. The technical bia might remain bearish because the price marked a higher lown in...
October 24th - According to the Forex analysts, the volatility in the market is going to be extreme today, Thursday, October 24th, 2019. Ahead of the ECB (European Central Bank) meeting that will shed light on the monetary policy, flash Purchasing Managers’ Index...
October 23rd - Following the Second Reading vote in the UK’s House of Commons on the Withdrawal Agreement Bill (WAB) on Tuesday, October 22nd, 2019 that was previously presented by Prime Minister Boris Johnson sources have informed that the approval for the bill...
October 22nd - Following the Letwin amendment that passed in the UK’s House of Commons on Saturday, October 19th, 2019, Prime Minister Boris Johnson was reported to have pushed the meaningful vote on Monday once again, with the speaker, Mr. John Bercow, having...
October 22nd - The Euro (EUR) inched higher against the US Dollar (USD) on Tuesday, increasing the price to more than 1.1100, following a major economic release. The technical bias might remain bullish because the pair marked a lower high in the recent...
October 21st - Following the passage of the Letwin Amendment on Saturday, October 19th, 2019, Prime Minister of the United Kingdom (UK), Mr. Boris Johnson had announced that he has no intention of requesting the European Union (EU) for a further delay on...
October 21st - The Great Britain Pound (GBP) slips down against the US Dollar (USD) on Monday, decreasing the price of GBPUSD to less than 1.3000. The price decreases amid a major economic release concerning building permits. The technical bias might remain bullish...
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