The NZD USD exchange rate steadies in today’s trading as news from the Reserve Bank of New Zealand revives the kiwi. Today the RBNZ announced that it will maintain the current rates at a record-low of 1%. As expected, the Reserve Bank of New Zealand said that there is scope for more fiscal and monetary …
The Japan yen regains strength in the latter half of yesterday’s trading sessions. The Bank of Japan’s governor Haruhiko Kuroda comment about the monetary policy caused the JPY to rally on Tuesday. On Tuesday, the BOJ governor said that if the bank would further ease its monetary policies, it would aim at pushing down interest …
Japan Yen Gains Hours After BOJ Statement | Wibest Read More »
Spot gold prices unexpectedly went down in today’s trading concerning traders on the outlook of the precious metal. Despite heightening tensions in geopolitical and trade disputes, spot gold prices had difficulty gaining in sessions. The XAU USD trading pair went down by 0.16% or 2.50 points in sessions. Spot gold prices are currently at $1,529.74, …
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 »
The US House of Representatives agreed to a stopgap government funding bill today. The agreement aims to avoid a government shutdown by maintaining the present level of spending through November 21st. The measure won with 301 to 123 votes in the House of Representatives. The majority or 119 of the opposing votes came from …
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. …
United States President Donald Trump’s next prospect for its tariff is European luxury goods. So, if Trump’s sanctions push through, it will affect billions of dollars in exports of European alcohol, handbags, and designer goods. Three officials from the World Trade Organization serving as a panel for the new case of sanctions addressed the topic. …
United States President Donald Trump agreed to delay the sanctions on over $250 billion worth of Chinese goods. The US president’s order will take effect for two weeks, starting on October 1 to 15. President Trump said on Wednesday that the suspension is a gesture of goodwill towards China. Trump said the postponement was a …
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, Nasdaq announced it would be adding a new index that will stay committed to blockchain projects in decentralized finance. This blockchain will be showcasing major digital coins such as Augur, Maker, and 0x. A European investment services firm, EXANTE has been around since 2011. This company offers global multi-asset financial services. The partner is …
Nasdaq To Add New Indices for Its Blockchain Projects Read More »
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 »
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