Forex News & Market Analysis

Dollar Surged, Markets Remains Soft Amid Trump Factor

The Dollar exchange rate surged against the Euro currency rate on Thursday after remarks from the European Central Bank chief, whereas U.S. Treasury yields increased on a set of firm U.S. economic figures. Read More »

GBP/USD Exchange Rate Climbing Back After Recent Plunge

GBP/USD currency rate remained under intense pressure during Wednesday’s trade after Tuesday’s growth of 3% amid the Brexit speech by Theresa May. A descending inclining channel has all the earmarks of being creating on the 30-minute graph. GBP/USD conversion rate tried the upper limit of the channel taking after the arrival of U.S. inflation information as the Dollar exchange rate declined.  Read More »

GBP to EUR currency rate bounced back emphatically after Theresa May’s discourse specified the inclusion of Parliament during the process of Brexit. The Pound exchange rate’s rollercoaster begin to the week has been taken by a few positive thinkers as the begin of another uptrend for Sterling conversion rate sets, however actually it’s excessively right on time to state. Read More »

EUR/USD Pair Remains Volatile Amid Brexit

The EUR/USD exchange rate has blurred once more from late highs yet we trust the single currency ought to hold the favourable position close term. EUR/USD rate is indicating constrained development in the Wednesday session. At present, the EUR to USD pair is exchanging marginally beneath the 1.07 line. On the discharge German and Eurozone CPI information pushed higher in December. Read More »

Global Markets Soothes, Dollar Stabilizes

Global stock markets stabilized and the Dollar exchange rate recuperated some ground on Wednesday after nervousness over how U.S. economy works under Donald Trump’s administration. Brokers in Asia said shares were aided by trusts that the worry about a more grounded Dollar currency rate communicated by the U.S. President-elect at the end of the week would profit developing markets where organizations have obtained intensely in Dollars. Read More »

Asian stocks and the Pound exchange rate drooped on Tuesday in front of a speech by Theresa May that could have implications for broader risk sentiment. Traders said the market was responding to some degree to a report in the Sunday Times that U.K. Leader Theresa May will utilize a discourse on Tuesday to flag gets ready for a “hard Brexit”, stopping the EU’s single market to recover control of Britain’s outskirts. Read More »

The U.S. Dollar exchange rate had extensive losses on Thursday’s trade afterward Donald Trump’s news briefing provided slight clarity on future economic policies, unsatisfactory for bulls who had gamble on key stimulus. Read More »

The U.S. Dollar exchange rate surrendered some of its additions against other currencies Wednesday as Donald Trump held his first formal news gathering as U.S. president-elect. Examiners noticed that it isn’t clear which of Trump’s remarks set off a slight inversion in the Dollar currency rate. Read More »

Whether you think about 2016 as a decent or an awful year, it was by undoubtedly the year of shocks. Not on the grounds that Donald Trump was chosen the 45th president of the United Stated or in light of the fact that the UK chose to leave the European Union, yet the business sectors’ responses to these occasions were considerably all the more astonishing and most forecasters missed the point. Read More »

The Australian Dollar exchange rate has compacted significantly against the US Dollar conversion rate Thursday, increasing by about 0.5%. AUD to USD currency rate advances have mainly been due to surprising growth in the AiG manufacturing index, providing a significant support to Aussie exchange rate. Read More »

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