The Japan yen remains stagnant in sessions as news from the US-China trade war ease worries. Major currencies such as the greenback and euro have all traded flat against the Japan yen. The US dollar to japan yen trading pair recorded minimal movement, inching up by 0.01%, or 0.02 points, in sessions. The USD JPY …
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 …
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 »
British Prime Minister Boris Johnson is facing the UK Supreme Court for the third and final day on Thursday. The arguments revolve around whether Johnson violated the law when he suspended the parliament. The ruling could come later in the day, but it would be more likely to come in the following days. There has …
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 »
Recently, Yahoo Japan Corp indicated it would take charge of Japan’s top online fashion e-tailer Zozo Inc. It has a revenue of over 400 billion yen ($3.70 billion). In addition, it is aiming to bring new ideas into the website and increase its own game versus rivals such as Amazon.com. Yusaku Maezawa, Zozo’s billionaire founder, …
Yahoo Japan Steps to Supervise E-Tailer Zozo Clothing Read More »
The British pound had mixed results yesterday as it gains and loses against major currencies in forex sessions. Pound traders shifted their focus on the GBPEUR as it was seen climbing up in yesterday’s trading. The strength of the British pound came as the negativity that comes from the looming Brexit declines. Pound traders have …
The GBP/EUR exchange rate goes up in today’s trading as pound traders become more optimistic as the Brexit date approaches. The British pound sterling drew more questions from forex traders as it gains against its competitors. Analysts are now wondering whether the pound sterling still has gas to run much higher from its current levels. …
The USD to CNY trading pair went down yesterday as the People’s Bank of China takes measures to support the Chinese economy. The yuan received support after the PBOC said that it will start reducing its RRR (reserve requirement ratio) this month. The USD to CNY trading pair contracted by 0.20%, or 0.0143, points …
News from the People’s Bank of China caused the USD to the CNY exchange rate to contract in today’s trading. The PBOC said that it is reducing its RRR (or reserve requirement ratio) for Banks on September 16 by 50 basis points. The decision of the People’s Bank of China is meant to attract 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 »
Recently, streaming company Roku, whose software operates one in three smart TVs in the United States, announced it is turning to the British market. This is after its rival Silicon Valley giant Amazon goes international. In a news report, Roku’s founder and chief executive Anthony Wood indicated that the Chinese manufacturer Hisense would market …
Roku Focuses on UK For Smart TV, Clash with Amazon Heats Up 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 personal blow against the new British Prime Minister Boris Johnson came as his brother, Jo Johnson, resigns from his post. Boris Johnson’s plan to start off the election campaign was overshadowed in headlines after Jo resigned. The younger Johnson officially quit the government after citing national interests, a slap in Boris’ Brexit goals. Jo’s …
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