Trading News
How deep can GBP/JPY dive in June?
A mixture of economic and political factors made the GBP/JPY currency pair one of the weakest assets in the foreign exchange market. The technical background has also been changed as the pair lost
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News for May 28.
Donald Trump had postponed trade war with Europe for 180 days. US President Donald Trump decided to postpone the opening of the second front in a trade war for six months.The introduction of 25 per
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6 reasons why WTI Crude Oil price could drop this summer.
Recent updates on global economic prospects do not add optimism to the financial markets in general and commodities in particular. The U.S.-China trade wars escalated tensions between the two largest
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News for May 21.
Saudi Arabia intends to put an end to the practice of creating an artificial shortage of its oil in the market when actual deliveries are made in a volume less than the demand presented by customers.
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Has CAD/JPY bottomed out?
The Canadian dollar had bounced off the historical lows versus the Japanese yen recently. The pair was strengthening three days in a row after charting four-month lows and testing the technical
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News for May 14
Federal Reserve Chairman Jerome Powell fought back pressure from traders and President Donald Trump to lower interest rates, saying that inflation will recover and the economy will remain healthy
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How deep could the greenback retrace from 2-year highs?
The first week of May brought several surprises for the currency exchange market. The greenback’s retracement before the Fed’s decision was predictable as traders took profits, waiting for the FOMC
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News for May 7
This year, emerging markets will not face the usual difficulties of May and June, as more robust US growth can support the global economy, predicts Goldman Sachs Group Inc. "According to our baseline
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USD/CHF bounced off two-year highs: What’s next?
The US dollar failed to hold gains above 1.0200 Swiss Francs last week, retracing to local support levels before the Federal Reserve’s meeting and rate decision. Investors did not expect the Federal
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NEWS FOR APRIL 30.
Incredible inflation level, which could reach 8 million percent this year, provided Venezuela with the status of the world's most “miserable” economy. For the fifth consecutive year, the South
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