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GBP is at its lowest level in two weeks due to the possible delay of the Brexit vote

12:21 pm 2019-03-11

 The British pound fell against major currencies on Monday morning amid reports of a postponement of the vote on the Brexit for the second time. UK media reported that Prime Minister Teresa Mae is working to change the way tomorrow's vote on Britain's withdrawal from the European Union to a temporary session, so that a meaningful vote could be organized later. If the deal is voted on in a temporary vote, which is likely to happen, the government will not automatically organize a vote to accept or reject Brexit…More

Dollar rises near three-month high

08:45 am 2019-03-11

 The dollar traded higher in early trading on Monday, approaching its highest level in three months after several comments by Jerome Powell on US monetary policy in the coming period Powell Fed "is not in a hurry" to change interest rate policy US Federal Reserve Chairman Jerome Powell said that the Fed "feels no hurry to change our interest rate policy." In a 60-minute interview, he once again stressed that patience is an important factor in determining whether there is justification for raising interest rates,…More

The dollar was mixed against the majors at the close of weekly trading

12:01 pm 2019-03-08

  The dollar was mixed on Friday as Wall Street stocks continued to slide in markets before Friday as uncertainty over trade and negotiations on the UK pullout from the EU drove investors away from equities and more towards precious metals. Non-farm employment data and housing starts were announced in the United States before the market opened. There is no date yet, preparations for the summit of the United States envoy Shi Trump Washington and Beijing did not set a date for the upcoming summit between…More

Summary of the press conference of Draghi after the confirmation of interest

02:48 pm 2019-03-07

After the European Central Bank installed the interest rates and launch a new loan program, Draghi explained in his journal the most prominent clarifications about the bank's decision European Central Bank President Mario Draghi told a news conference on Thursday that the bank's lending program would maintain favorable bank lending terms and more details would be provided in due course. He also stated that the work of the EMU remained a priority for the ECB. He further noted that the new measures of the ECB were dependent on data…More

The euro fell against major currencies after gross domestic product data

10:58 am 2019-03-07

 The euro rose against the euro and the pound as it weighed against the rest of the major currencies during European trading ahead of the ECB's rate decision and after euro zone GDP data. Higher gross domestic product in the eurozone during the fourth quarter of 2018 The euro zone's gross domestic product (GDP) rose in the fourth quarter of 2018 by 0.2 percent from the previous quarter, according to final estimates issued by Eurostat on Thursday. For the European Union as a whole,…More

The dollar is trading near a two-week high

09:53 am 2019-03-06

 The US dollar stabilized near a two-week high against its major counterparts in early European hours on Wednesday, as strong US economic data supported the dollar after Tuesday's reports showed a rebound in housing and services, easing fears of a slowdown in the world's largest economy. . US Futures Contracts US stocks fell on Wednesday as investors continued to monitor the process of trade negotiations between Washington and Beijing. Investment incentives were generally low amid uncertainty about the deal as market watchers continued to…More

Dollar rises amid continuing dispute over state of emergency

08:48 am 2019-03-05

  The dollar rose in morning trade on Tuesday amid anticipation of a state of emergency and a dispute between the House of Representatives and Trump over its continuation Pelosi vows to fight Vito Trump House Speaker Nancy Pelosi warned President Donald Trump that Democrats would stand against him if he vetoed the declaration against national emergencies. The measure, already adopted by the House of Representatives and likely to pass through the Senate, would prevent Trump's national case, announced last month. "We will…More

The dollar performance against the currencies was mixed amid reports of a close trade agreement

08:26 am 2019-03-04

  The dollar was mixed against major currencies after a possible trade deal between the United States and China raised the Chinese yuan early Monday in Asia ahead of the annual meeting of China at the National People's Congress in Beijing on Tuesday. The United States and China are close to the trade deal China and the United States are about to reach a trade deal after months of negotiations, the Wall Street Journal reported. Beijing is ready to cut protection measures on agricultural and chemical…More

Euro rises after inflation data and European unemployment

11:46 am 2019-03-01

 The euro traded higher against the major currencies during the European session after a number of data from the euro, the most important of which was German retail sales, the European manufacturing index and euro zone inflation in February, while basic price growth declined. According to data from Eurostat on Friday. Unemployment in the euro area was 7.8% in January The seasonally adjusted unemployment rate in the euro area was 7.8 percent in January, 0.1 percent lower than the previous month and down from…More

The dollar performance against the currencies at the end of weekly trading

08:49 am 2019-03-01

 The Dollar is falling against other major currencies in early European trade on Friday, after an optimistic reading that the US economy grew 2.6% annually in the fourth quarter - and more than 3% for the whole year for the first time since 2005 - paid 10-year Treasury yields The highest in three weeks, supporting demand against the dollar. POWELL: The Fed will be patient with price changes In other remarks, US Federal Reserve Chairman Jerome Powell reiterated that the US economy was "in a…More

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