Pound Sterling Sustains Gains as Brexit Talks Continue
On Thursday, the Office for National Statistics reported that manufacturing production went up by 0.2 percent in September after being at 0.9 […]
Australian Dollar Advances on US Dollar Weakness
Full-time employment went up by 97,000 last month after a decrease of 20,100 in September. So far this week, the Australian dollar […]
US Dollar Falls as Coronavirus Cases Surge
The US faces the risk of longer-run damage to the productive capacity of the economy as well as to the lives of […]
RBA Leaves Cash Rates at Historical Low
Some investors are bullish on the Australian dollar, even though there are still concerns regarding the Reserve Bank of Australia’s Bond Purchase […]
US Labor Market in Trouble, Dollar Loses Ground
U.S. economic recovery slows; USD loses steam for the second consecutive week. Advertisement The United States Bureau of Labor Statistics reported last […]
Eurozone GDP, Employment Better than Expected; Euro Weakens
Eurostat revises GDP, employment figures; EUR weakens against the USD; Eurozone economy has a lot of ground to regain. Eurostat recently revised […]
UK Unemployment Better than Expected, Pound Recovers
Pound is pushed higher by positive unemployment data and remaining Brexit optimism; UK economic data is mixed, though solid. The United Kingdom’s […]
US Federal Reserve is Dovish, US Dollar Struggles
Fed to leave cash rates unchanged; market optimism puts downward pressure on the USD; some economic data improve. Advertisement The US Federal […]
BoJ Discusses Monetary Policy Sustainability, Yen Falls
Bank of Japan monetary policy meeting minutes released; Yen loses steam; Japan’s economic data exceeds expectations. The Bank of Japan recently released […]
Visible Gold Prospects for 2021
If we talk about goals, then now gold has only one – to gain a foothold above $1,900. The end of autumn […]
House Approves Additional Stimulus, Dollar Weakens
House of Representatives agrees to President Trump’s proposal to increase aid to Americans; US Dollar Index falls by 0.34%; US economic data […]