Forex News

US tax reform plan turns Greenback bullish

The Kiwi dollar fell sharply on Monday after none of the parties got a majority in the general election conducted…

7 years ago

Carney’s hint of gradual rate hikes turn Pound bearish

The GBP/USD pair had rallied about 500 pips in the past one week to hit a high of 1.3618 on…

7 years ago

Ruble remains bullish on strong Q2 2017 GDP growth

Since the beginning of August, the Euro dollar has been on a decline against the Russian Ruble. The recovery in…

7 years ago

SNB maintains rates, ready to intervene on Franc

In August most forex analysts predicted an uptrend in the AUD/CHF pair, on the basis of a recovery in the…

7 years ago

Surprise rate hike by BoC propels Canadian dollar

The EUR/CAD pair remained range bound between 1.4600 and 1.5000 for the past five months. While the French election, notable…

7 years ago

Euro turns weak on soft service sector PMI data

North Korea’s aggressive rhetoric and expectations of an announcement regarding the ECB tapering has strengthened the Euro dollar against the…

7 years ago

Strong Q2 GDP growth turns Greenback bullish

The USD/MXN pair has been on a decline for the past six-months. The inability of the Trump administration to push…

7 years ago

Aussie up on strong iron ore, coking coal prices

Weak consumer spending and rising inflation have been keeping the Pound under pressure for the past two months. On the…

7 years ago

Election uncertainty, RBNZ’s dovish stance turn Kiwi weak

Tensions between North Korea and the US had forced investors to look for safe haven assets earlier this month. That…

7 years ago

Strong employment data turns Pound bullish

We had forecast a rally in the GBP pair, on the basis of a robust employment and PMI data from…

7 years ago