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Forex
Forex News Roundup: Yen Gains, China Falters
Finance Brokerage – Forex News: Trump delays tariffs, China’s economy weaken, and protesters and police continue to clash in Hong Kong.
Forex News: Markets Doubt Trump, Yen Gains
Finance Brokerage – Forex News: Yen flexes its safe haven appeal as traders trudged carefully over the US-China trade war, Hong Kong protests, Brexit woes, and other…
Japan Hits New Peak Exchange Rate Yen to Dollar
It is easy to see the Yen advancing past its January 3rd peak level. The recent rise is a mere reflection of unrest in both Hong Kong and Argentina. Since these…
Forex Markets: RBA’s Rate Cuts Loom
Finance Brokerage – The AUD and NZD both gained on Monday. The PBOC fixed yuan’s midpoint firmer than expected, while the RBA hinted at negative rates.
Reserve Bank of Australia’s Negative Rates
Finance Brokerage – The Reserve Bank of Australia opens up the possibility of unconventional policies on interest rates.
Reserve Bank of New Zealand Stuns the Market
Finance Brokerage – Reserve Bank of New Zealand slashed their interest rates.
Forex Markets Wobble on Italy Crisis
Finance Brokerage –The forex markets shook after Italy’s Salvini called for a snap election.
Reserve Bank of New Zealand Slashes Interest Rate
Finance Brokerage – Reserve Bank of New Zealand: Last Wednesday, unexpected cut from the Reserve Bank of New Zealand caused of shock to other major currency pairs.
Chinese Media Downplays Yuan’s Drop Due to Manipulator Label
Chinese state media supported the government on the yuan’s weakening, saying the move was normal while stressing the economic benefit of some flexibility in the…
Chinese Yuan Falls as Trade War Intensifies
Chinese Yuan Falls as Trade War IntensifiesOn Monday, China escalated the trade war with the United States. It let the yuan tumble beyond the 7 per dollar…
Renminbi Falls below 7: Currency War Looms
Finance Brokerage – China has let its currency renminbi fall below 7, marking a possible start of a full-blown currency war between the two countries.
US Dollar Underpowered Against Safe Havens
Finance Brokerage – US Dollar: The US dollar dropped against similar haven on an early European Friday.
U.S. Dollar Steadies Ahead of the Federal Reserve Verdict
On Wednesday, the U.S. dollar remained steady as investors looked ahead to the outcome of the Federal Reserve’s meeting to take place the same day. Policymakers are…
Forex Pairs Fluctuate as Markets Await Fed’s Verdict
Finance Brokerage – Forex pairs: The US dollar stilled as Markets wait for the outcome of the Fed’s meeting.
The GBP Becomes the Most Unstable Currency in the G-10
Pound appears to be the most volatile currency with the cost of three-month insurance against fluctuations now at its highest in the G-10 economies.
Dollar Exchange Rate near Flat Ahead of Fed Decisions
The U.S. dollar exchange rate was flat on Monday as investors became cautious ahead of the much-anticipated decision by the Federal Reserve. It is expected that the…
Euro Edges Higher Against the Dollar After Draghi’s Comments
Finance Brokerage – Euro: The U.S. dollar slumped while the euro, inched higher.
U.S. Dollar Inches Lower After Mnuchin’s Comments
Finance Brokerage – U.S. Dollar: The greenback slid after Steve Mnuchin notified issues regarding trade negotiations with China.
Euro Slips To 2-Month Low Preceding ECB’s Action
Finance Brokerage – Euro: The euro fell to its lowest level in two months.
UK Currency Shook as Boris Becomes Country’s New Leader
UK Currency Shook as Boris Becomes Country’s New Leader
On Wednesday, the UK currency (GBP) barely changed against the greenback even as Boris Johnson became the…