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Forex news

Eur fell after German GDP data

08:26 am 2018-11-14

 The German economy fell faster than expected in the third quarter, the first decline since the first three months of 2015, according to preliminary figures from the Federal Statistics Office on Wednesday. GDP fell seasonally adjusted and adjusted 0.2 percent in the three months to September, after expanding 0.5 percent in the second quarter. Economists had expected a 0.1 percent drop. The recent decline in gross domestic product was the worst since the first quarter of 2013, when the economy fell 0.3 per cent. On the basis of the…More

The euro is down against most major currencies after inflation data in Germany

09:25 am 2018-11-13

  The euro fell during European trading in most of the major currencies as a number of data were issued, the most important of which was Germany's inflation, which hit its highest level in ten years in addition to the differences in the budget and the tensions with the rest of the Union German inflation at the highest level in ten years The German Federal Statistics Office said on Tuesday that consumer data accelerated last month, confirming initial data. The index rose 2.5% on an annual…More

Dollar divergence in major currencies amid reports of talks to ease trade tensions

07:15 am 2018-11-13

 The dollar was mixed against major currencies as the yuan rose against the dollar on Tuesday after reports that US Treasury Secretary Stephen Menochin had resumed talks with Chinese Vice Premier Liu Hee. The United States and China in talks to ease trade tensions US Treasury Secretary Stephen Manuchen spoke with Chinese Vice Premier Liu Hee on possible easing of trade tensions ahead of the G20 meeting in Buenos Aires, the Wall Street Journal reported, quoting officials familiar with the conversation. The…More

The Dollar rallied and the Pound retreated against the currencies in morning trading

08:50 am 2018-11-12

The dollar rose to a 16-month high against a basket of currencies on Monday amid expectations that the Federal Reserve will continue to raise interest rates in December and beyond, while fears about Britain's exit from the euro Theresa May cancel the main cabinet meeting on the bricast British Prime Minister Teresa Mae has canceled a cabinet meeting dedicated to Britain's exit from the European Union, scheduled for Monday. "The cabinet will meet normally on Tuesday, but I can not say whether that…More

Dollar rises as Fed confidence rises in economy

08:52 am 2018-11-09

  The dollar rose on Friday after the Federal Reserve kept interest rates unchanged at the November meeting. The dollar also tumbled after Thursday's data, which showed initial jobless claims fell by 12,000 to 215,000 seasonally adjusted for the week ending Nov. 3, .   The US currency received support from the central bank's positive assessment of the US economy and hint at a rate hike in December as it continues to be gradually lifted. The Fed maintained confidence that "economic activity was rising at a strong rate." GDP growth averaged 3.3%…More

Dollar rallies against major currencies ahead of Fed decision

09:55 am 2018-11-08

 The dollar rose against a basket of currencies on Thursday as investors turned their attention to the Fed's monetary policy announcement later in the day, while the pound remained above the 1.30 level on optimism about Britain's break-up.  Brexit There was optimism about the bricast, despite Irish Prime Minister Leo Varadkar's tough tone during his speech at the 2018 European People's Congress (EPP) meeting in Helsinki. Ireland would not ease its stance on support when it comes to Britain's exit agreement from the European Union.…More

Dollar down against major currencies after the midterm elections

09:09 am 2018-11-07

 The dollar fell broadly against other major currencies on Wednesday after Democrats won control of the House of Representatives while Republicans tightened their grip on the Senate in midterm elections in the United States. Where US President Donald Trump received MP Nancy Pelosi and congratulated her on the victory of her Democratic Party, NBC reported. Trump used the invitation to call Pelosi to work together and said that "the two parties" is needed in the United States. In her speech following the announcement of the…More

The New Zealand dollar gained against the major currencies after the unemployment data

07:09 am 2018-11-07

 The New Zealand dollar rose against its major counterparts in the Asian session on Wednesday, after strong third-quarter local employment data. As investors await interest rate decision from the Reserve Bank of New Zealand tomorrow. It is widely expected that the Reserve Bank of New Zealand will keep the OCR unchanged at 1.75%. New Zealand's unemployment rate fell by a seasonally adjusted 3.9% in the third quarter of 2018, data from New Zealand statistics showed. That was well below expectations of 4.4% and fell sharply from 4.5% in the…More

The Australian Dollar diverged after the interest rate stabilized

07:41 am 2018-11-06

 The Australian dollar traded slightly on Tuesday after the Reserve Bank of Australia left its overnight rate unchanged at 1.5%. The Australian central bank said it expected the inflation rate to "gradually" rise in inflation and to reach 3.5% GDP in the next few years. "Taking into account available information, the Board considered that the monetary policy stance unchanged at this meeting would be consistent with sustainable growth in the economy and achieve the inflation target over time," the bank said in a statement. Dollar and midterm elections More

The yen is down against the major currencies after the BoJ

07:20 am 2018-11-05

 Japan's economy is expanding moderately as exports are expected to grow, mainly from IT-related goods, and inflation expectations remain somewhat unchanged, BOJ policy board members said in their meeting minutes in September. Meeting. BOJ members agreed that due to the US-China trade war and the decline in Turkish lira, investors' sentiment has worsened and stock prices have fluctuated. Some members were concerned about US trade policy as they did not feel that the United States and China were willing to make concessions. Some members also said that developments in…More

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