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 ...
Read More »
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.
Read More »
Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are ...
Read More »
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.
Read More »
There are many characteristics and skills required by traders in order for them to be ...
Read More »
Several Gulf nations involved in the diplomatic freeze against Qatar may have doubled down on ...
Read More »
World shares and bond yields rose on Wednesday as the recent recovery in oil prices and a batch of positive economic data from Australia to the United States calmed fears of a global economic slowdown. Asian stocks hit a two-month high, Japan’s and China’s main indices both rose more than ...
Read More »
The happy mood continues with the Australian and Canadian dollars both enjoying positive GDP reports. EUR/USD remains under pressure and USD/JPY is marching forward. Will these trends extend? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of majors, minors and crosses, previewing [...]
Read More »
The ANZ Economics Team is forecasting a 0.5% q/q increase in Australia’s Q4 GDP today vs 0.4% expected, which would suggest that growth remains modestly below trend. key Quotes “ANZ is forecasting a 0.5% q/q increase in Q4 GDP (mkt: 0.4% q/q) following the 0.9% q/q rise in Q3. Year ...
Read More »
Research Team at Danske Bank, suggests that today is the big manufacturing PMI day in Europe. Key Quotes “On the back of the fall in the euro area PMI figures last week, the direction of change for Spain and Italy is already set and we expect to see a solid ...
Read More »
In the coming week, the focus will be on several economic data releases from the eurozone and the USA, as they could give a final hint at the next steps by the ECB and the Fed in March, according to Thu Lan Nguyen, analyst at Commerzbank.” In the US, a ...
Read More »
Wei Yao, Research Analyst at Societe Generale, notes that yesterday, the PBoC announced to cut the required reserve ratio (RRR) for all banks by 50bp, effective starting 1 March. Key Quotes “In light of the rapid decline in FX reserves in the past few months, this move is overdue. In ...
Read More »
Trade Forex Forex and Commodities News
