The trade between the U.S. and China started more than a year ago. This dispute affected the markets as tariffs on Chinese and U.S. goods created problems for the economy. In the last couple of days, investors, as well as analysts, are trying to learn more before deciding how to deal with the current situation. …
The Australian money managed to recover yesterday after the November meeting minutes of the Reserve Bank of Australia was released. The greenback failed to hold on to its gains against the Aussie in the latter half of the session. Initially, the AUD went tumbling down against the US dollar and other major currencies in Tuesday’s …
Aussie Recovers, Reserve Bank of Australia Close to Rate Cut Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDUSD The pair traded in the red in the latest sessions after pulling up from weekly lows. It’s now experiencing pressure near the 50-day moving average. For central bank news, the Reserve Bank of …
Daily Market Charts and Analysis November 20, 2019 Read More »
There are numerous factors which one wat or another are connected to the foreign exchange markets. However, it will take a lot of time to discuss all of them. This time, we will discuss the main external influencers of the forex market. Let’s start with the country’s economy. It is a well-known fact that the …
Last week, U.S. President Donald Trump took no action regarding the national security tariffs. Last week, on Thursday, it was the last day when Trump administration could impose the tariffs on foreign-made cars and auto parts. It means that now it will be hard to put tariffs on cars from the European Union, South Korea …
Economy: Donald Trump and tariffs on foreign-made cars Read More »
The Reserve Bank of Australia sent the AUD lower in today’s sessions after the meeting’s minutes spilled some tea. According to the RBA’s report, it was leaning closer to reduce rates in its November meeting but opted otherwise. The RBA came closer than what the market initially predicted but eventually settled with a wait-and-move approach. …
Reserve Bank of Australia Considered Rate Cuts | Wibest Read More »
Yesterday, the US dollar and its indices fell in sessions as traders were still waiting for fresh news about trade war developments. Meanwhile, in its rival in Latin America, Venezuela, the president praises the greenback. The US dollar index or DXY declined by 0.10% or 0.08 points. Moreover, the US dollar index for December 19 …
The Greenback Falls, and Maduro Loves the Dollar Read More »
Ongoing demonstrations in Hong Kong once more underlined that security is deteriorating in the city. In this situation, it makes sense that investors are cautious when it comes to investing in Hong Kong. This situation is also harmful to the stock markets. It is worth mentioning that Hong Kong is one of the most important …
Stocks: Demonstrations in Hong Kong and Hang Seng Index Read More »
On Monday, Dubai state-owned airline Emirates announced a new deal with the European planemaker Airbus. Emirates made this announcement at the Dubai Air Show, which opened on November 17. This air show is one of the largest gatherings in the aviation industry. Dubai airshow will end on Tuesday. According to this agreement, Emirates will order …
Ongoing demonstrations in Hong Kong continue to influence the stock markets. The protests, which started several months ago affected the local economy. Hong Kong is one of the most important financial hubs in the world. However, violent protests and tensions in the city raised fears about the state of affairs in Hong Kong. Last week …
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 is sticking to its current support line, apparently reluctant to let go and go lower. At present, trading has been thin after price broke above and then reversed down from the …
Daily Market Charts and Analysis November 18, 2019 Read More »
The surprise bounce back of the German economy prevented the euro from falling in last week’s trading. Along with the rebound of Berlin’s economic performance, the single currency also steadied. Before the data was released, the EURUSD continued to dive down in forex sessions, hitting its monthly lows. The EURUSD trading pair bounced back on …
The U.S. has the largest economy in the world. Since 2009, the U.S. economy continues to grow, and the current economic expansion is the longest one in modern history. It a well-known fact that the U.S. has the most sophisticated and powerful military in the world. Also, the country is home to more than 330 …
The German economy, the bloc’s biggest, just barely managed to escape a recession in the third quarter. The surprise crawl in the eurozone’s “ailing old man” economy steadied the euro in sessions, preventing it from further diving. The single currency is trading flat against the greenback and the pound sterling after the news bolstered growth …
The surprisingly bullish sentiment in the latest report of OPEC nations pushed oil prices higher this Friday’s trading. The Organization of Petroleum Exporting Countries’ latest report also hints potential supply curbs from the members in the future. Today, West Texas Intermediate futures or WTI crude rose 0.39% or 0.22 points in trading sessions. WTI crude …
OPEC Nations Slash Production Growth Projections | Wibest Read More »
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
