AUD Drops as RBA is Considering Forex Market Intervention
On Wednesday, the Australian Bureau of Statistics reported the preliminary retail sales figure, which showed that retail sales dropped by 4.2 percent […]
Winter is Coming; Are Markets Getting Ready?
When things are bad, it often seems like the end of the world; when they’re good, it feels like the party’s never […]
Euro Recovers as Coronavirus Cases Surge in Europe
Previously, Lagarde said that the ECB is ready to deploy more monetary stimulus to aid the Eurozone’s economic recovery. This week the […]
Pound Sterling Recovers on Brexit Deal Hopes
Bank of England Governor Andrew Bailey commented that despite the bank being realistic in regards to the possible challenges that negative interest […]
US Dollar Weakens as Trump Pauses Stimulus Talks
So far this week, the US dollar has lost 0.32 percent against a bundle of its main competitors, falling for the second […]
Canadian Dollar Advances Despite Surge in Coronavirus Cases
The bank of Canada Tiff Macklem said on Thursday that it’s certain that the Canadian government will exit the pandemic with higher […]
GBP Breaks Two-Week Gaining Streak on Bad Economic Data
The United Kingdom is now one of the most affected countries by the advance of the coronavirus pandemic in Europe, with 634,920 […]
USD Recovers as Coronavirus Cases Rise in the Midwest
The Federal Reserve Vice Chairman, Richard Clarida praised the Central Bank and the Congress’ efforts to stimulate the economy, though warned that […]
Australian Dollar Attempts to Recover
Regarding the state of the Australian financial system, the bank’s governing board commented that it remains resilient. So far this week, the […]
GBP Recovers as Brexit Talks Optimism Takes Over the Markets
Last week, the pound sterling recovered against the US dollar, gaining 0.98 percent and closing Friday’s session at the 1.3040 level. The […]
Yen Gains as Demand for Safe Havens Surge
So far this week, the Japanese yen has advanced 0.64 percent against the US dollar, continuing with a three-week gaining streak. Advertisement […]
Japanese Yen Continues Appreciating Against the Dollar
Foreign investment in Japan stocks stood at a 212.7 billion yen deficit after registering a 228.7 billion surplus, while foreign bond investment […]
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