Tag: Currency
GBP/USD Plunges as Inflation Turns Negative
The GBP/USD plunged around 200 pips on Tuesday, as UK inflation entered negative territory for the first time on record, supporting expectations for a...
Interview with Jean-François Owczarczak CEO of FinGraphs
TradersDNA presents interview with Jean-Fancois Owczarczak, CEO of FinGraphs and Director of Management Joint Trust (MJT).
Jean-François acts as chief investment officer and head of...
EUR/USD Gains Traction as Eurozone Recovery Accelerates
The euro advanced for a second consecutive day against its US counterpart on Tuesday, as German investor confidence reached a 13-month high in March,...
US Dollar Edges Lower in Anticipation of Fed Meetings
The US dollar declined across the board on Monday, easing off 12-year highs ahead of the Federal Open Market Committee policy meetings.
The US dollar...
GBP/USD Weekly Outlook
The GBP/USD plunged to more than four-and-a-half year lows last Friday, as monetary policy speculation outweighed disappointing US economic data and lifted the dollar...
EUR/USD under Pressure as Greek Debt Talks Continue
The euro was back on its heels on Friday, as European Commission president Jean-Claude Juncker met with Greek Prime Minister Alexis Tsipras in a...
US Consumer Sentiment Reaches 4-Month Low in March
US consumer confidence declined unexpectedly this month, reflecting renewed concerns about weak income expectations and rebounding gas prices.
The Thomson Reuters/University of Michigan preliminary consumer...
Dollar Index: March to 100 Continues
The US dollar soared against a basket of trade-weighted peers on Tuesday, edging closer to the 100 mark as a top Federal Reserve official...
US Dollar Approaches Key Milestone
The US dollar resumed its upward climb on Wednesday, setting another 12-year high as it approached a key milestone against a basket of trade-weighted...
Cable Breaks below 1.50, Trading at 6-Week Lows
The British pound fell to six-week lows against the US dollar on Thursday, extending losses from the previous session that followed weaker than forecast...
Greece Threatens Referendum Ahead of Eurozone Ministerial Meetings
Tensions between Greece and its EU paymasters escalated over the weekend, after Athens’ anti-austerity coalition said it would call a referendum or a new...
EUR/USD Falls Below 1.09, as ECB, Nonfarm Payrolls Weigh
The euro plunged to fresh 12-year lows against the US dollar on Friday, as recent comments from European Central Bank President Mario Draghi continued...
EUR/USD Hits 11-Year Low as Draghi Outlines QE Program
The euro fell to fresh 11-year lows against the US dollar on Thursday, declining for a third consecutive day on the news that the...
Bank of England Maintains Overnight Rate at 0.5% for 6th Straight...
The Bank of England made no changes to monetary policy on Thursday, as policymakers voted once again to keep interest rates at record lows...
EUR/USD Plummets ahead of ECB Press Conference
The euro declined sharply against its US counterpart on Wednesday, as investors turned their attention to the European Central Bank’s monthly monetary policy meetings,...
US Personal Spending Declines for Second Straight Month
Consumer spending in the United States declined for a second consecutive month in January as incomes increased slower than expected, a sign consumers were...
EUR/USD Rebounds as Eurozone Deflation Slows
The euro was trading higher against its US counterpart Monday, as stronger than expected Eurozone CPI and unemployment data suggested the struggling currency region...
EUR/USD Stabilizes at 1.12 Following US Data Deluge
The EUR/USD climbed to an intraday high of 1.1249 before falling sharply back toward the 1.12 handle. The pair was stabilized around 1.1208, advancing...
