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Posts Tagged: 'president'

27Feb
 
The dollars index against a basket of six major currencies fell 0.1 percent to 89.728 (DXY). The greenback, however, is still 1.7 percent above a three-year trough near 88.25 set on Feb. The focus this week is Powells first congressional testimony, at a time when investors are nervous over the pace...
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26Feb
 
Japans Nikkei led with an increase of 1.3 percent, while Chinese blue chips added 0.7 percent. Chinas ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely, with a proposal to remove a constitutional clause limiting presidential service to just two terms in office. Investors...
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09Feb
 

What happens during a government shutdown !!

What causes a government shutdown?

A shutdown occurs when Congress and the president fail...
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30Jan
 
The dollar held above a recent three-year low against a basket of major currencies on Tuesday, with traders turning their attention to U.S. President Donald Trumps State of the Union speech and a Federal Reserve policy meeting for catalysts. The dollar rose 0.1 percent against a basket of six major currencies...
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23Jan
 
The US government shutdown has come to an end after a temporary funding bill was passed by lawmakers and signed by Donald Trump late last night. The bill guarantees federal government funding until 8 February, in the hope that Congress can reach a longer-term budget agreement in the meantime the BBC...
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22Jan
 
Global financial markets will focus on this weeks European Central Bank meeting for further details on when the central bank plans to end its massive economic stimulus program. Staying on the central bank front, traders will pay close attention to a monetary policy decision from the Bank of Japan after a...
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09Jan
 

Macron is on the second leg of a three-day state visit in China with a delegation of 50 business leaders he hopes will help reduce a 30-billion-euro ($36-billion) trade deficit with China. We have an access to markets which is unbalanced, unsatisfying, Macron told members of the French and Chinese business...
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15Dec
 
The U.S. currency had climbed to a one-month high of 113.750 yen on Tuesday. But it made a U-turn midweek after the Federal Reserve tightened monetary policy as expected but also expressed concern about low inflation. The dollar lost further ground after two U.S. Republican senators on Thursday were reported to...
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14Dec
 
The Federal Reserve came through on a widely expected interest rate hike Wednesday following its two-day policy meeting and sharply raised its economic growth forecast for 2018. In their decision, the central bank policymakers mostly followed the script, though they did indicate that one less hike is on the way for...
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07Dec
 

EUR USD Forex Hours

EUR

The Gross Domestic Product released by theis a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the...
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