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DecMajor currency pairs & Bitcoin forecast analysis | December 1, 2017
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The U.S. dollar index, which measures the greenbacks strength against a trade-weighted basket of six major currencies, was little changed at 92.97 by 05:15 a.m. ET (09:15 GMT).
EUR/USD held steady at 1.1901, while GBP/USD slid 0.35% to trade at 1.3482, off a two-month high of 1.3550 hit overnight as traders...
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15
Oct
Bitcoin is the blaster of the performers
Cryptocurrency start-ups are realizing that while the profit remains as high as it does at the moment, there is a cushion which provides them with the flexibility to move their operations and remain profitable.
Globally, there are plenty of countries which would be more than...
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28
Sep
Aussie, Kiwi move lower as RBNZ holds, Greenback Strengthens
The New Zealand and Australian dollars moved lower against their U.S. counterpart on Thursday, after the Reserve Bank of New Zealand left interest rates unchanged and as hopes for an imminent tax reform plan in the U.S. supported demand for the greenback.
NZD/USD...
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09
Aug
WTI Crude Oil Analysis
Oil prices sentiment remains mixed as the increase in production from big players come opposed to reports that Saudi Arabia plans to curb exports to Asia next month.
With fears over OPECs ability to restrain supply as committed, Crude futures fell for the third consecutive day in Asia...
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21
Jul
UK retail sales - Sterling remains lower, shrugs off upbeat
The pound remained weaker against the slightly stronger U.S. dollar on Thursday despite data showing that UK retail sales grew at a faster than expected pace in June.
GBP/USD was at 1.2969 by 05.24 a.m. ET (09.24 a.m. GMT), not far the...
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14
Jun
The pound rose Thursday after hawkish remarks by Bank of England policy member Ian McCafferty. Sterling was up 0.37% at $1.2931 at 05:45 ET after a high for the session of $1.2952. McCafferty in remarks to The Times said the BoE should consider unwinding its 435 billion quantitative easing program....
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08
Jun
The dollar pushed higher against other major currencies on Thursday, despite the release of disappointing U.S. jobless claims data as investors were awaiting the results of the U.K. election and more U.S. political developments.
EUR/USD slipped 0.18% to 1.1235 after the European Central Bank left its interest rates unchanged in a...
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29
May
BOC surprisingly optimistic in rate decision
My buddy Forex Gump hinted that the BOC statement could go either way as the latest batch of reports were a mix of good and not-so-good, but trust the Canadians to see the glass half-full!
As expected, the Bank of Canada kept interest rates on hold...
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30
Jan
30
Jan
The dollar dipped as investors sought the traditional security of the yen on Monday, worried by the implications of immigration curbs that put the spotlight back on the risks of President Donald Trumps protectionist bent.
* Yen moves higher after row over U.S. immigration order
* Moves put focus back on risks...
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