Dow Jones Rallies Towards Last Month High
US equities alongside with forex trading activity around the US dollar had picked up in the recent days. The hurricane Irma had passed and the political tensions between the US…
Forex News
North Korea Claims to Have Tested a Hydrogen Bomb
The tensions around the Korean peninsula are beginning to escalate again, as the latest headlines from North Korea point towards a successful test of a hydrogen bomb, several times more…
US GDP Preliminary Figure Advances in the Second Quarter
The Gross Domestic Product Annualized (Q2) managed to exceed expectations yesterday, showing that despite recent pessimistic comments from various analysts, the US economy continues to expand at a strong pace….
UK GDP Stays Flat in the Second Quarter
The United Kingdom economy begins to show signs of weakness as the latest GDP figures remained unchanged at 0.3% MoM and 1.7% YoY in the second quarter. Forex market activity…
Softening Growth Erodes the Canadian Dollar
The Canadian dollar tumbled in the forex market, early in the week, and yields declined after the shift to a trade deficit in February, which supported Governor Poloz’s cautious view…
The ECB Delivers a Thoughtful Dovish Stimulus Package
Online trading of the currency markets experienced a surprise on Thursday as the ECB delivered a thoughtful decision that set the stage for tapering of bond purchases while delivering a…