Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURJPY The pair managed a breakout above its trading channel in the previous three sessions, although after the breakout the trading volume has decreased, with the direction now biased on the downside. The price …
Daily Market Charts and Analysis October 15, 2019 Read More »
The USD to CNY exchange rate fell in today’s sessions as the Chinese yuan strengthened. Both currencies gained against their other pairs in Monday’s trading. However, when paired together, the greenback didn’t stand a chance against the yuan as the USD to CNY edged lower. Ideally, traders would expect the yuan to lose after …
USD to CNY Falls Despite Chinese Data | WibestBroker Read More »
Malaysia has the third-largest economy in Southeast Asia. It is an exciting fact that Malaysia is a constitutional monarchy. The economy of this Asian country was rapidly developing since gaining independence in 1957. Right now, it has not only one of the largest economies in the region, but its economy is among the top forty …
An Iranian oil tanker ship was hit by an armada of missiles near the coast of Saudi Arabia. The National Iranian Oil Company or NOIC-owned tanker was attacked near Jeddah. The tanker ship was reportedly 60 miles or 97 kilometers away from the Saudi Arabian port. Two rockets struck the Iranian tanker ship on Friday. …
Several years ago, the idea of national cryptocurrency was unimaginable, and only a few crypto analysts would think about this topic. However, digital currency is developing so fast that even governmental organizations are planning to enter the market. One of the examples of how the attitude towards digital currencies is changing comes from China. The …
Russia’s Central Bank and national cryptocurrency Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCZK The pair is trading in the green territory in the past week, with the price going above the 50-day moving average. The pair has traded sideways after its downtrend in June. It has …
Daily Market Charts and Analysis October 11, 2019 Read More »
Upsetting data from the German exports report worried traders to its effect on the single currency. Fortunate for them, the results weren’t enough to push the euro to the losing end in yesterday’s trading. The euro still gained against other major players in Thursday’s trading. Traders were delighted as the EUR managed to push the …
German Recession Threatens the Euro | Wibestbroker Read More »
The German export data was released today, but despite negative results, it failed to slow down the euro in sessions. German exports reportedly fell by 1.8% in August. Traders now worry about the eurozone’s ailing economy as it could drag down the euro in future sessions. Despite negativity around the German exports, the data …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDBRL The pair has broken out from its downtrend and is not trading sideways. Recently, it converged with the 50-day moving average, falling down but recovering and gaining again. However, the candlesticks show a …
Daily Market Charts and Analysis October 10, 2019 Read More »
The Thai baht currently reigns as the strongest currency in Asia after gaining 7.4% against the greenback just this year. Yesterday, the Bank of Thailand released its September meeting minutes. After the minutes were released, the THB immediately strengthened against the USD, GBP, CNY, and JPY in sessions. The GBP THB trading pair fell 0.18% …
Singapore is a small country in Southeast Asia. Moreover, it is one of the smallest countries in the world. The area in which Singapore occupies is 721.1 square kilometers. This country situated on the islands next to Malaysia became independent in 1965. In several decades this small and developing country became the global business hub. …
Singapore is the most competitive country in the world Read More »
The cryptocurrencies, such as Bitcoin, Ethereum, are famous around the world. From the beginning, Bitcoin played important as it helped to raise awareness about the cryptocurrencies. The digital currency market continues to develop as more and more people are willing to invest in Bitcoin and Ethereum. Famous crypto advocate John MacAfee thinks that people should …
The Thai baht to US dollar exchange rate climb to records high after news from the Bank of Thailand’s September meeting minutes. Worries about economic growth pushed the Bank of Thailand to consider new stimulus measures. According to news, the bank is thinking of ways to rein in the baht to levels last seen six …
WeWork is a U.S. real estate company, and in nine years after founding, it offers its services around the world. This company provides shared workspaces. It has clients in many different spheres. Customers have the opportunity to use their co-working spaces in 86 cities and 32 countries. This company had an ambitious plan for the …
The USD to CNY exchange rate failed to gain some altitude in yesterday’s trading after news about the Yuan’s reserve. Yesterday, China’s foreign exchange reserve dropped way past experts’ expectations. The news strengthened the yuan in sessions. Despite the boost from the news, the yuan still failed to take down the US dollar in …
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