Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURDKK The trading pair EURDKK has fallen to weekly lows in recent sessions. Two sessions ago, the price has plummeted to monthly lows, nearly reaching the 50-day moving average line after breaking below the …
Daily Market Charts and Analysis September 26, 2019 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCAD The pair is struggling to break above the 50-day moving average on the daily charts, with the previous sessions ending in the negative even though prices have surged to multi-week highs during the …
Daily Market Charts and Analysis September 23, 2019 Read More »
The EUR/GBP exchange rate made a comeback in yesterday’s trading. The EUR/GBP pair was first seen trading flat in the earlier half of the sessions. The EUR/USD trading pair slightly went up by 0.19%, or 0.0017 points, in Monday’s sessions. News from the monthly German Bundesbank report caused the EURGBP exchange rate to pick up …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD The pair started the trading week on a negative note, falling to record lows and closing in the red. The pair still trades below the 50-day moving average, which is also below the …
Daily Market Charts and Analysis September 24, 2019 Read More »
The central bank of the United Arab Emirates published a report pm Sunday. This report helps to evaluate the overall situation of the local economy. It is worth mentioning that the UAE has one of the most developed economies in the region. Another interesting fact is that its economy is second-largest after Saudi Arabia when …
The EURGBP trading pair inches up in today’s sessions as euro traders focus on key eurozone reports. The first one is the German Markit Manufacturing PMI for September and its release today at 7:30 GMT. Traders are expecting the German data to contract due to the recent activity in the sector. However, some forecasts on …
EURGBP Pair Steadies as Traders Focus on PMIs | Wibest Read More »
On Friday, Stock markets in Asia, as well as Europe, benefited from the news regarding the trade war. One day before on Thursday, the U.S. and Chinese representatives met in Washington D.C. It was the first meeting in almost two months. They discussed issues connected with the trade war. This mid-level meeting ended on Friday. …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCAD The pair pulled back from recent highs after it broke below the 50-day MA, with the Australian dollar weakening amid concerns of an economic slowdown. Unemployment rate in the country rose from 5.0% …
Stock markets across the globe reacted to several important news on Friday. Stock markets in Europe and Asia benefited from the news that U.S. and China resumed the trade talks. The trade war started in 2018. Nevertheless, it is not over yet, and the problems caused by the trade war affected the stock markets. On …
Asian and European stock markets on September 20 Read More »
The German nation recently passed a strategy that handles blockchain and digital coins comprehensively. It also vows against parallel financial systems commenced by corporations. Germany is now doubling down on its idea to stop parallel currencies. This was after agreeing to ban Facebook’s Libra digital coin. German head of government Angela Merkel together with her …
German Nation Goes All Out to Stop Illicit Digital Coins Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD The pair is back from recent lows in recent weeks, with the short-term trajectory overall bullish. It has also recently slipped down the 50-day moving average to almost reach recent record lows. Now …
Daily Market Charts and Analysis September 20, 2019 Read More »
On Wednesday, the German nation has forwarded a comprehensive blockchain strategy for prohibiting numerous counts of illicit digital coins. According to news reports, the approach aims to block stablecoins from becoming alternate currencies and threatening state sovereignty. As per the report, Chancellor Angela Merkel’s cabinet approved the strategy. It is in a bid to …
FX NEWS – The US Federal Reserve decided to cut interest rates again, slashing it a quarter of a percentage point. The latest cut comes after the US central bank lowered rates in July. The bank also hinted that it was ready to be more aggressive should the economy continued to show weakening signs. …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDRUB The pair appears to be performing a correction after recent highs, now with more room to fall. This happened after the 50-day moving average confirmed a golden cross. The relationship between the US …
Daily Market Charts and Analysis September 19, 2019 Read More »
If you’ve been following forex news, you probably have heard of the term “monetary policy.” News about this makes up a large portion of finance headlines. What is this and why is it so important? What are its types? And how do governments and banks enforce it? Let’s dig into this topic. What is Monetary …
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