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 …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDJPY The pair is trading on the higher portion of the chart, with the price coming closer to the 200-day moving average. Movements appear reluctant to continue going up, with candlesticks showing red. Primary …
Daily Market Charts and Analysis November 07, 2019 Read More »
The euro soared when European Central Bank Mario Draghi passed his leadership to the former International Monetary Fund head, Christine Lagarde. The newly appointed president will focus on healing rifts among policymakers. The first female ECB President Lagarde will take office this Friday. She claimed she aims to focus on gender equality, climate action, and …
The EUR/GBP trading pair dropped yesterday after two disappointing data from the Eurozone and Spain caused the euro to fall. The pair appeared to recover midway through the session, however, euro bulls prevailed, causing the pair to dive. The EUR/GBP exchange rate fell 0.58% or 0.0051 points in yesterday’s trading. The EUR/GBP pair extended its …
The US dollar bill slipped and fell against other major forex players in Thursday’s sessions. News about the renewed confidence for the US-China trade war has caused the greenback and its indices to fall today. The US dollar index or DXY slipped by 0.07% or 0.07 points, reaching ranges between 98.86 and 98.97. Meanwhile, the …
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 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 »
The GBPUSD exchange rate falls as the greenback and its indices steady in today’s trading. The GBP is also receiving support from the easing worries of no-deal Brexit. However, the GBP’s strength is not enough to stand against the greenback in sessions. The GBPUSD trading pair went down by 0.36% or 0.0044 points in sessions. …
The EUR to CHF trading pair is seen struggling in Thursday’s trading sessions. Despite the single currency’s gains against other major currencies, its forex pair with the Swiss franc remains flat. The strength of the single currency to rally against other major currencies came ahead of the ECB’s highly anticipated meeting today. However, the EUR …
EUR to CHF Exchange Rate Fails to Rally | Wibest Read More »
The Euro currency edged up yesterday against other major currencies around the globe. The EUR’s strength comes from the traders who are waiting for the meeting of the European Central Bank two days from now. The EUR USD trading pair slightly inched up by 0.08%, or 0.0009 points, in yesterday’s trading. The pair extended its …
Euro Currency Rallies Before the ECB Meeting | Wibest Read More »
The Euro currency holds its ground on Monday’s trading sessions as traders await the ECB meeting this week. The euro market is expecting policymakers to deliver fresh stimulus to support the faltering regional economy. Expectations from the European Central Bank ease comes as other major central banks go to loosen their own monetary policies. However, …
Euro Currency Steadies Ahead of ECB Meeting | Wibest Read More »
The EUR/GBP trading pair gained altitude in yesterday’s trading as the pound sterling continues to weaken. The EUR/GBP pair moved up by 0.40% or 0.0036 points in Monday’s sessions. The pair traded around £0.9082 in sessions and has extended its gains from £0.9026 to £0.9091 in yesterday’s trading. The two currencies also lost against other …
The EURGBP trading pair is in for a very volatile ride in the coming trading sessions as both currencies gradually weaken. The FX market continues to receive mixed sentiments over whether which currency will come out triumphant. The looming German recession is currently the heaviest weight on the euro. Meanwhile, pound sterling traders are losing …
The EUR/USD trading pair weakened in last week’s trading after the US economic growth report bolstered the greenback in session. The EUR/USD trading pair went down by 0.11%, or 0.0012 points, hitting levels between $1.1035 and $1.1061 in Friday’s session. The pair gradually declined throughout last week’s trading. The EUR/USD started from $1.1160 on Monday …
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