Tag: Currency
EUR/USD Little Changed as Goldman Sachs Lowers Forecast
The euro posted modest gains against the US dollar on Wednesday, although upside was limited after international investment bank Goldman Sachs lowered the common...
EUR/GBP at 7-Year Lows Ahead of Carney, Draghi Remarks
The EUR/GBP sunk to fresh seven-year lows on Tuesday, as the beleaguered euro continued to struggle amid ongoing talks between Greece and its EU...
EUR/USD Weekly Outlook
The euro was trading cautiously on Monday, following a week of uncertainty that ended with Greece securing a short-term loan extension in exchange for...
Canadian Dollar Retreats on Declining Energy Prices
The Canadian dollar declined against its US counterpart on Wednesday, as tumbling energy prices outweighed stronger than forecast growth in Canadian wholesale sales.
The loonie...
EUR/USD Loses 1.14 Handle as Eurogroup Talks Yield No Results
The euro declined against its US counterpart Monday after Greek and Eurozone finance ministers were unable to reach an agreement about Greece’s bailout program,...
EUR/USD Edges Higher Amid Greek Bailout Talks, Disappointing US Data
The EUR/USD advanced for a second consecutive day on Friday as Greece resumed talks with its Troika of creditors, while the US dollar continued...
Australian Dollar Loses Traction Ahead of Employment Figures
The Australian dollar declined against its US counterpart Wednesday despite stronger than forecast consumer confidence and home loans figures, as the markets shifted their...
USD/CAD Loses NFP-Inspired Rally amid Higher Energy Prices
The North American currency pair back was on its heels Monday, as rebounding energy prices and better than expected Canadian housing starts supported the...
EUR/USD Holds Ground as Political Tensions Escalate
The euro was little changed against the US dollar on Monday, trading above 1.13 cents US ahead of the European Union meetings in Brussels....
How Do Central Banks Affect Exchange Rates
We all know that central bank decisions are some of the most influential occurrences on the forex markets, but how do the actual mechanics...
Canadian dollar rebounds sharply as oil prices rise
The Canadian dollar advanced on Monday as oil prices continued to rally, while US consumer spending declined at the sharpest rate since 2009 and...
6 Central Banks That Rule Forex
The role of central banks in deciding exchange rate levels cannot be overestimated. If you want to trade currencies you need to understand what...
USD/CAD Weekly Outlook
The USD/CAD advanced for a tenth consecutive week last week, climbing to a nearly six-year high of 1.2794. The pair gained more than 9.5...
Euro rallies as technical trading outweighs German deflation
The EUR/USD rallied on Thursday, as technical trading sent the pair higher amid mixed economic data from Germany.
The EUR/USD regained 1.13 and climbed to...
US dollar continues higher as Fed pledges patience toward raising interest...
The US dollar advanced against a basket of currencies Wednesday, as the Federal Reserve conveyed optimism that inflation would gradually reach its target in...
Copy Trading Rules Clarified By FCA UK
The Financial Conduct Authority of the UK has released a clarification on the nature of copy-trading services like eToro and the kind of permissions...
Global Currency Forecast for 2015
The Global Currency Forecast 2015 by Scandinavian Capital Markets (SCM).
The outlook for the EURUSD in 2014 was for the prices to move within a 1.2753-1.4225...
Satoshi Nakamoto and the Inception of Bitcoins Part 1
Innovation and inventions has been a driver for advancement in technology from the early days. The world remembers the people who make a breakthrough...
