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Forex news

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Forex news

The Dollar Falls With the Start of the Fed Meeting

11:57 am 2019-03-19

 The dollar traded lower during European and Asian trading on Tuesday, ahead of the Fed meeting due tomorrow from the meeting due to begin today US GDP growth slows in 2019 due to trade survey The United States' gross domestic product (GDP) is set to slow sharply in 2019 year-on-year and will continue to fall next year but at a slower pace, according to the CNBC's March survey released by CNBC on Tuesday. Among the reasons cited are the slowdown in trade frictions and the…More

Euro rallies as economic data weighs in Euro zone

10:37 am 2019-03-18

  The euro rose during the weekend, after a number of positive reports on the insistence of all European parties to insist that Britain does not go out without an agreement, as well as data on the merger of the two largest banks in Germany. The shares of Germany's biggest banks, Deutsche Bank and Commerzbank, rose on Monday after That companies confirmed on Sunday that they are in discussions about a possible merger. They noted that "there is no certainty that any transaction will occur." …More

The dollar is retreating at the end of weekly trading and trading negotiations

08:47 am 2019-03-15

   The dollar traded lower in red at the end of the weekly trading as traders watched the bricast developments as well as new statements about trade negotiations The United States and China are making "significant progress" in trade negotiations The United States and China have made further progress in their trade negotiations, the official Xinhua news agency reported. He said Vice Premier Liu spoke by telephone with US Trade Representative Robert Lightzer (center) and US Treasury Secretary Stephen Manuchen as talks between the two…More

Sterling fell before the vote to delay Brexit from the European Union

08:23 am 2019-03-14

 The pound was traded in the red zone on Thursday, where the British parliament is due to vote on whether to extend Article 50 and postpone the withdrawal for three months, so that it can be negotiated. Yesterday, MPs rejected Britain's exit from the European Union. Prime Minister Teresa Mae reiterated that MPs must vote for the deal, deciding to reject the non-agreement scenario. British MPs pass amendments to reject Britain's exit from the European Union Britain's parliament on Wednesday approved an amendment by MP…More

The dollar fell during Wednesday session and is awaiting the Brexit developments

12:10 pm 2019-03-13

 The dollar fell against major currencies during European trading on Wednesday as traders awaited the latest UK exit from the UK as well as US policy developments. European wrath of the Brexit developments A report of an outbreak of "anger" among EU envoys over the UK's plans for a lack of agreement as there was "outrage" about Britain's exit plans from the UK without an agreement among ambassadors at an EU meeting on Wednesday, according to a report by BuzzFeed News. The report added that…More

The GBP is relatively lower against the major currencies after the GDP data

10:18 am 2019-03-12

 British trade data, industrial production, construction data and GDP were all released for January at 11:30 am, Central Europe on Tuesday. After these data, the pound fell against major currencies. UK GDP rose 0.5% in January, up from a 0.4% drop in December, the National Bureau of Statistics said in its monthly estimates on Tuesday. In the three months to January, the increase in economic activity was 0.2% compared to the previous three months. Industrial production in the UK rose 0.6% in January More

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

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