EURUSD 12.12.17

Daily Forex Market Preview, 11/12/2017 The U.S. dollar index firmed on Friday following a broadly positive jobs report for November. Data from the U.S. Labor department showed that the economy added 228,000 jobs during the month which was higher than forecasts. The U.S. unemployment rate was steady at 4.1% while job wages grew slightly but be...

2017-12-11 John Benjamin Read more
US Dollar Index

The US Dollar advanced further during at the beginning of the week but failed to hold on Thursday and Friday, despite the fact that most of the economic releases were positive. This fact strengthens the idea of the Federal Reserve rate hike in March. Yet, investors are still selling USD across the board. The Federal Reserve Chair Janet Yellen k...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Cable craches_GBP_UK_Pound

GBPUSD Down 6% Overnight Currency markets were rocked overnight as Sterling plunged over 6% during Asian session trading. The moves come on the back of sustained weakness this week driven by the UK PM’s confirmation of Brexit, with Article 5 to be officially triggered by the end of March 2017 at the latest. Widespread investor uncertainty has s...

2016-10-07 James Harte Read more
Cable

Taking a glance across the markets, the risk appetite noticeable went down at the end of Friday’s trading session, keeping currencies such as the cable around 5-years lows. The GBP/USD major traded on Friday around -0.5%, in the 1.4343 area, reaching also the multi-year low at 1.4339. The bearish tone in the market keeps pressure over the GBP/U...

2016-01-18 Kira Vessiari Read more