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Forex news

Euro rose in early week trading after the European elections

02:49 pm 2019-05-27

The euro traded higher during early week trading despite the political developments in Europe which showed the progress of the populist right in the European elections as well as the overthrow of the Austrian Chancellor's government after a corruption scandal  Austrian Chancellor's government overthrown after corruption scandal Austrian Chancellor Sebastian Kors's government was overthrown on Monday after parliament passed a motion of no-confidence. The proposal was submitted by the Social Democratic Party of Austria (SPOe) in…More

Sterling rises after the announcement of Teresa May resigned

12:41 pm 2019-05-24

The British currency continued its gains on Friday after Prime Minister Teresa May set her departure on June 7. Will continue to assume the post of interim prime minister until her successor is chosen, which will have a leading race within the party begins the following week.  At the same time, Irish Foreign Minister Simon Covigny insisted that the EU was unlikely to renegotiate a British exit package from the EU regardless of the British prime minister's identity.More

Dollar is rise against currencies after unemployment claims data

01:11 pm 2019-05-23

  Dollar rose on Thursday as investors continued to focus on the Washington-Beijing trade dispute and Fed members confirmed their preference for patience over interest rates for some time. And look forward to the developments of the trade war Pompeo: China poses a threat to US national security US Secretary of State Mike Bombo told CNBC on Thursday that China poses a threat to US national security, a fact that has long been ignored by…More

Dollar fell against major currencies ahead of the Fed release

12:34 pm 2019-05-22

The Dollar fell as the US stock markets traded losses in the pre-trading market as market participants awaited the FOMC meeting minutes from the May 1 meeting, which will provide further insight into the Fed's recent decision to keep interest rates without change. At the same time, investors are closely watching developments in trade, focusing on the ongoing conflict between the United States and China. The Chinese Foreign Ministry said earlier that Beijing is still open and willing to…More

Dollar traded hight against major and focus on the US war on Huawei

12:42 pm 2019-05-21

The dollar traded against major currencies on Tuesday as investors focused on the new US-China war front Huawei has become a "victim of bullying" America Abraham Liu, Huawei's representative in the EU institutions, told reporters on Tuesday that the technology giant was being "bullying" by the United States after Washington decided to list the company on the blacklist. "Huawei has become a victim of bullying by US administrations," Liu…More

The pound is retreating below 1.27 to uncertainty about the Briexit

09:41 am 2019-05-21

The pound fell against the dollar and other major currencies on Tuesday, falling below $ 1.27 for the first time in more than four months. The British currency was affected by uncertainty over the impending exit of the UK from the European Union after the government talks on Britain's exit from the European Union with the Labor Party ended in vain last week. Lidsum must preserve the essence of the presentation on the essence…More

Dollar is rising against its major counterparts in Asian trading on Monday

06:39 am 2019-05-20

The Dollar rose against major currencies on Monday morning as traders followed Trump's comments on the trade war with China and the possibility of military intervention in Iran Trump: We reached an agreement with China, but they changed it US President Donald Trump said the United States "largely" made a trade deal with China before the negotiations collapsed and Washington implemented a new round of tariffs on Chinese imports. "We had a very strong…More

Dollar and yen are buoyant and the pound is collapsing

10:46 am 2019-05-17

Major currencies diverged at the close of weekly trading on Friday as the yen rallied as demand for safe haven rallied, while the pound hit its lowest level in four months due to the berscht and the euro's divergence after the European data Euro zone core inflation rises to 1.3% A Eurostat review showed on Friday that core consumer prices in the euro area had a strong annualized momentum in April compared to the first…More

Dollar fell against major currencies as trade tensions returned

10:17 am 2019-05-16

The dollar traded lower during morning trade during European trading on Thursday as the strong rise in trade tensions returned with Trump signing an executive order to protect US networks from Hawaii spy. US equity futures are little changed While European stocks traded modestly in the red zone on Thursday after the opening bell, New York stock markets were looking to start almost, according to initial indicators. There were only minor movements in exchange rates and precious…More

Dollar was mixed against currencies as the trade conflict subsided

09:57 am 2019-05-15

The dollar fell as the dollar index fell in European trading on Wednesday as traders followed trade war developments and mutual exchanges between the two sides. Chinese President stresses the lack of conflict of civilizations amid the trade dispute with Washington Chinese President Xi Jinping on Wednesday stressed that "there is no clash of civilizations" amid tension with the United States and concern about China's rising power, condemning the theory of racial superiority. This comes after…More

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