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Forex news

Sterling trading diverged ahead of the Bank of England decision

10:59 am 2019-05-02

The British pound traded mixed against the BoE's decision amid reports that the main parties are about to agree on some form of UK exit from the EU UK construction index rises in April Construction data in the UK rose for the first time since the beginning of the year in April, driven by a strong increase in residential work, but overall activity remained weak amid weak demand and optimism, data from the EHSMarket survey…More

The dollar fell ahead of Fed results

03:47 pm 2019-05-01

The Dollar was trading against the major currencies after data released from the US on Wednesday and ahead of the Fed meeting results US spending on construction unexpectedly retreated 0.9% in March A report released by the Commerce Department on Wednesday showed an unexpected drop in spending on US construction in March. Construction spending fell 0.9 percent to an annual rate of $ 1.282 trillion in March after rising 0.7 percent to a revised…More

Euro is trading against the currencies after the GDP data

10:03 am 2019-04-30

The Euro was mixed against major currencies on Tuesday after a number of data from the Eurozone topped unemployment, GDP and unemployment in Germany. The unemployment rate in the euro area was 7.7% in March The seasonally adjusted unemployment rate in the eurozone reached 7.7% in March, down from the February figure of 7.8%, the Eurostat said in a statement released on Tuesday. On an annualized basis, the figure in March is less than 8.5%…More

Eur rose against the major currencies after data from the euro area

09:49 am 2019-04-29

EURUSD and the major currencies recorded gains during the opening hours of the week following a number of morning data including data on loans and the eurozone consumer confidence index. Consumer Confidence in the Eurozone at -7.9 in April Consumer confidence in the eurozone was at -7.9 in April, the European Commission said in a statement released on Monday. The European Union consumer confidence index as a whole was 7.2.…More

The dollar is down against the currencies after the GDP data

04:13 pm 2019-04-26

The US dollar traded lower during the US session after the domestic economic data and other data on US consumer confidence. As the new data showed that GDP growth fell by an annualized 3.2% in the three months to March, up from 2.2% in the previous quarter. The revised data released by the University of Michigan on Friday showed that consumer sentiment in the United States fell slightly below initial estimates in April. The…More

Dollar fell after the unemployment data and durable goods orders

05:08 pm 2019-04-25

The dollar fell on Thursday after the number of people applying for unemployment rose more-than-expected last week. US durable goods orders rise in March Reflecting a sharp rebound in transport equipment orders, the Commerce Department released a report on Thursday showing new orders for durable goods manufactured in the US jumped more than expected in March. Durable goods orders rose 2.7 percent in March after a revised 1.1 percent drop in February, the Commerce Department said.More

Eur fell against the currencies under pressure weakened euro zone economy

02:43 pm 2019-04-24

  Doubts cast the euro zone's economic strength on the common currency on Wednesday, which hit 7.5226 yuan overseas, the lowest level since June 21. The euro also fell to $ 1.11808 for the first time in a month and a half and approached the lowest level. In more than 14 months. Investors made a profit of 8% in earnings of Credit Suisse, the first major European bank to report quarterly results, but overall investors did not appear to…More

The dollar performance contrasted with the currencies after Easter

10:32 am 2019-04-23

The US dollar traded steady on European trading on Tuesday as volumes remained weak after the Easter holiday. Tramp dismissal is not only a way of knowing the truth US House Speaker Nancy Pelosi said in a speech to Democrats in the House of Representatives on Monday that the removal of US President Donald Trump is not the only way to find out the truth about his alleged complicity with Russia and obstruction of justice.…More

Eur rose against the major currencies as the dollar weakened

10:28 am 2019-04-22

The dollar fell against its major counterparts such as the euro on Monday as the euro rose against its major counterparts in European trade, losing ground against the Canadian dollar after rising crude prices. The dollar found support in recent weeks on the back of a 10-year rise in 10-year Treasury yields and strength signs in the world's largest economy, including better-than-expected retail sales in March, after a weak start this year. . Juncker: Britain's exit…More

Dollar fell against major currencies on the last day of weekly trading

09:39 am 2019-04-19

 Dollar traded against the major currencies during the last trading day as unemployment claims fell to a half-century low, Unemployment Claims Decline The labor market has challenged expectations and once again demonstrated a continuing strength, reinforcing other areas of the economy. The rise in retail sales last month may be partly due to the health of the labor market, which encourages consumer spending. The number of Americans applying for unemployment benefits dropped to a…More

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