Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDDKK The pair recently reached two-week highs, coming closer to its October highs. Prices have been pursuing an uptrend, following the trajectory of the 50-day and 200-day average. Traders can time this trend to …
Daily Market Charts and Analysis November 28, 2019 Read More »
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After a bearish reversal against the greenback last week, the pound currency finally rebounds today. The sterling’s strength comes in against fresh UK election news that supports traders in sessions. Last week, the pound was driven down by the upsetting UK PMI data. The UK Services PMI fell to its 40-month low this month, disappointing …
Pound Currency Rebounds After Consecutive Losses | Wibest Read More »
On a rather bold move, the Reserve Bank of New Zealand caught traders off guard yesterday on its announcements. The kiwi quickly jumped to levels near 1% against the US dollar and other currencies on Wednesday’s trading. The NZD USD trading pair took the main spotlight among the kiwi’s forex pairs. The pair surged 0.94% …
The NZD/USD pair jumped beyond 1% in today’s trading after the Reserve Bank of New Zealand surprised the market. In a bold move, the RBNZ announced earlier today that it will hold on to current rates. The kiwi immediately surged against the greenback and other currencies following the RNZD statement. Traders were caught off guard …
The marginal improvements in the country’s economic performance paved the way for RBA to hold on to current interest rates. The interest rate decision of the Reserve Bank of Australia then allowed the Australian money to gain yesterday. AUD traders felt a sigh of relief as expectations for the RBA to not cut rates come …
Marginal Improvements Supports Australian Money | Wibest Read More »
The Australian money gained altitude against other currencies after the RBA announced its decision earlier today. The Reserve Bank of Australia or RBA decided to hold on to its current cash rates. The central bank’s official interest rate will continue to stand at 0.75% after today’s meeting. RBA governor Philip Lowe said that the main …
Australian Money Gains After RBA Decision | Wibest Read More »
The Japan yen fought a good fight last week’s Friday, but that doesn’t mean it gained altitude. On the contrary, it, unfortunately, fell against other currencies. JPY traders didn’t expect that the Japan yen contract will gain despite its fall against other currencies in forex sessions. News from the Japanese consumer inflation rate weighed in …
The Japan yen struggles to hold on to its ground in today’s sessions as other currencies gained altitude against it. Meanwhile, the yen’s futures rose this Friday’s trading despite inflation slowing down. The USD JPY trading pair inches slightly down by 0.03% or 0.03 points in sessions. The pair currently trades for ¥108.62 a tad …
Japan Yen Struggles to Hold on to its Gains | Wibest Read More »
The Australian money and its futures jump in yesterday’s trading after the positive data from the Australian unemployment rate. The upbeat note of the data lessened the worries about another rate cut from the RBA in the coming sessions. The Australian dollar contract gained 0.93%, or 0.0063 points, in yesterday’s trading after the news was …
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 …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF The pair is trading weakly after reaching weekly highs in the previous sessions. At the same time, intraday record lows have been reached. The price is traded above the 50-day moving average but …
Daily Market Charts and Analysis October 02, 2019 Read More »
The third cut of the Reserve Bank of Australia caused the GBP AUD to gain some altitude in today’s trading. The RBA has cut its official interest rates to record lows of 0.75% today at its meeting. The decision was enough to weaken the AUD, pushing the GBP AUD in positive territories. The GBP …
Last week the Australian money, or AUD, fought to gain in sessions before the RBA announcement this week. Reserve Bank of Australia governor Philip Lowe shocked the market last week when he said the Australian economy is at a “gentle turning point.” The confusing messages about the direction of the monetary policy in Lowe’s remarks …
Australian Money Defends Gains Last Week | Wibest Read More »
The Australian money, or AUD, rises in today’s trading ahead of the highly anticipated meeting of the RBA. Next week Tuesday, the Reserve Bank of Australia is set to announce its decision whether to hold or move its interest rates. As the RBA meeting approaches, the Australian money is doing its best to take advantage …
Australian Money Strengthens Ahead of RBA Meeting Read More »
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