Joining the chorus of European finance chiefs in praising Christine Lagarde’s candidacy for the ECB’s top job was the former head of the European Central Bank (ECB). Jean-Claude Trichet managed the Frankfurt-based central bank from 2003 to 2011. Also, a French economist said regarding Lagarde’s experience in France as a finance minister as well as …
The forex markets are all up and about today, with various analyses coming in for the weakening of the dollar. Wall Street analysts are speculating on various scenarios in which US President Donald Trump may take his quest to weaken the greenback to a whole new level. Analysts from various departments are contemplating the possibility …
Forex Markets Run on Notions to Weaken the Dollar Read More »
Bitcoin massively fell by $1,400 as Coinbase crashed, while Bitrue loses $5 million in hackers. Click here for more! – Wibest Broker
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. CADJPY The pair were seen to fail to break out from a major resistance line and from 50 MA, sending the pair lower towards the uptrend support line. The trade war between the two …
Foreign exchange market corrects some of the extreme movements in early trade in Europe. Click here for more! – Wibest Broker
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. CADJPY The pair was seen to fail to break out from 50 MA, sending the pair lower to the nearest support line. As Canada struggles with its relationship with China following it arrest of …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. CADJPY The pair will continue going down in the following days after it failed to break out from 200 MA and broke down from 50 MA. Japan was the country who encourage Canada to …
Currency Pairs: EUR/USD in highs after a tough week. Click here for more information!
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. EURNOK The pair was expected to bounce back after hitting a major support line, sending the pair higher towards the nearest resistance line. As the deadline looms for the United Kingdom to leave the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. USDRUB The pair will continue its steep decline following its break down from a major uptrend support line and the crossed over between MAs 50 and 200. Tension was rising between the United States …
The dollar was restrained versus its peers on Thursday, limited by concerns over global growth, the US government shutdown, and a yet-unresolved US-China trade war. “Trade tensions are the most dominant factor for investor sentiment right now and will drive market flows,” said Nick Twidale, who is the chief operating officer at Rakuten Securities. Twidale …
Dollar Struggling over Trade War, Gov’t Shutdown Read More »
The US dollar skidded lower against a basket of other currencies on Tuesday ahead of this week’s Federal Reserve meeting. Read more here!
The safe haven yen edged higher against the US dollar on Thursday as the arrest of a leading Chinese executive in Canada. Read more here
Here are the latest market news and analysis with charts. Check them out!
EURUSD The pair is expected to continue to go lower after it broke down a major support from August. The European Union was expected to go into recession after the United Kingdom will go out of the European Union, since it was the largest economy among the 28 member nations. A weaker Eurpean Union, a …
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