The Bank of England decided not to cut rates in a move that surprised many and boosted the pound....
A mixed jobs report from Canada: the nation lost 0.7K jobs instead of gaining ones. However, the ...
China is aiming to overthrow the U.S. dollar as the currency of choice for the ...
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The Australian dollar continues looking good. After Australian employment data seemed good enough, figures from Australia’s No. 1 trade partner look even better. China reported a growth rate of 6.7% in Q2 2016 slightly better than 6.6% expected and identical to Q1. Industrial output surprised to the upside with 6.2% instead of 5.9% expected and 6% last [...]
The post AUD/USD continues trending higher in channel after Chinese data appeared first on Forex Crunch.
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Trading Forex, or any other financial instrument for that matter, requires learning. A lot. You ...
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The Australian dollar continues looking good. After Australian employment data seemed good enough, figures from Australia’s No. 1 trade partner look even better. China reported a growth rate of 6.7% in Q2 2016 slightly better than 6.6% expected and identical to Q1. Industrial output surprised to the upside with 6.2% instead of 5.9% expected and 6% last [...]
The post AUD/USD continues trending higher in channel after Chinese data appeared first on Forex Crunch.
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There are many characteristics and skills required by traders in order for them to be ...
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Several Gulf nations involved in the diplomatic freeze against Qatar may have doubled down on ...
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China is aiming to overthrow the U.S. dollar as the currency of choice for the oil market, a move that could have far-reaching consequences. Beijing hopes to challenge the dollar by setting up a futures market with its own currency, the yuan. To that end, reports indicate that China is set to ...
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The $5.1 trillion-a-day currency market is losing its human touch. That’s the conclusion of trading and foreign-exchange heads surveyed by the organizers of the TradeTech FX conference in Miami. Of the 100 North America-based respondents, 94 said they aimed to automate more of their foreign-exchange trading operations in the next ...
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The currency market is typically controlled by the U.S. dollar. One strategist believes that control will shift from the U.S. dollar to a cross asset correlation. This change in the currency markets will help riskier assets such as the Australian dollar. For years currency market movements have been dominated by ...
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The Bank of England is stepping up its scrutiny of banks and other lenders on credit cards, personal loans and car purchases amid fears that growing consumer debt could rebound on the banking system. Threadneedle Street is writing to the firms it regulates after reviewing the consumer credit sector, where ...
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The Prime Minister has struck a conciliatory note to business leaders who have demanded that Britain stays in the customs union in a transition period after the legal date of Brexit in 2019. Speaking to Sky News at the G20 summit, Theresa May chose not to restate the position ...
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Several Gulf nations involved in the diplomatic freeze against Qatar may have doubled down on their list of demands, but the CEO of the Qatar Financial Centre put on a brave face in an interview with CNBC. His country, he said, has weathered worse economic conditions than those now imposed ...
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