Inflation Data: Yuan and Aussie Drop on Weak Inflation Data
The Chinese yuan and the Australian dollar dropped against the USD on Tuesday following the release of weak economic data. Positive China-US trade development sent…
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Forex News
All Eyes On European Markets As The Sterling Slumps
Europe steals the limelight this week with traders expecting that the ECB meeting on Thursday will help drive the market in a better direction. This is after the…
InstaForex and Borussia Dortmund
Borussia Dortmund and InstaForex signed an agreement on Sep 5. This partnership will last for two seasons.
Weekly News Summary for August 30 to Sept 5, 2019
Weekly News Summary for August 30 to Sept 5, 2019
Friday, August 30: US Futures Extend Rally on Positive Trade News
US futures extended an earlier rally…
Interactive Brokers and retail forex
Interactive Brokers lost nearly $70 million in retail forex deposits. Also, the number of deposits made by FX traders declined in July.
Yuan to Weaken Further as US-China Trade War Deepens
Yuan to Weaken Further as US-China Trade War Deepens
Chinese: According to the Reuters poll of strategists, China will maintain a tight grip on the yuan, allowing…
Pound Drops before Brexit Vote, Euro Weakens on Rate Outlook
Pound Drops before Brexit Vote, Euro Weakens on Rate Outlook
UK Currency: The sterling came close to its weakest against the USD in more than two years on Tuesday.…
Safe Assets Move Up as the U.S weighs in on Chinese goods
President Trump lives up to threats at the G7 meeting and slaps Chinese imports with a 15% tariff. This has seen the Asian markets experience some movements even as…
Weekly News Summary for August 23-29, 2019
Weekly News Summary for August 23-29, 2019
Friday, August 23: Shares in eOne Surpasses Hasbro Acquisition Offer
Shares in Hasbro slipped on Friday after the US…
The NZ Dollar Slumps To A 4-year Low As Trade War Rages
The NZ Dollar Slumps To A 4-year Low As Trade War Rages
It is one terrible news after the other the USA-China Trade war still raging on. This week’s victim has been…