USDSEK Sweden’s economy continues to expand despite most European economies struggling to cope up with the resurgence of COVID-19 in the region. For the third quarter of fiscal 2020, the country’s gross domestic product (GDP) advanced by 4.9% against expectations by analysts of 4.5%. On Q2, Sweden’s GDP contracted by -8.0%. Analysts said that the …
On November 30, the U.S. dollar hit its lowest in early London trading in two and a half years. Furthermore, riskier currencies declined slightly as the global equities rally paused the breath. Global market sentiment increased in November, which caused the dollar to decline and riskier currencies to benefit as investors’ risk appetite was boosted …
The U.S. dollar hit its lowest in two and a half years Read More »
On November 27, the U.S. dollar declined in early London trading as it continued weekly loss against a basket of currencies. The greenback decreased by more than 2.2% during the month as global market sentiment increased on Joe Biden’s U.S. election victory and news of progress in coronavirus vaccines. That factors weighed on demand for …
The dollar fell, the Australian and New Zealand dollar rose Read More »
EURPLN Pressure is mounting over Hungary and Poland to take back its veto on the EU budget. The $2.15 trillion budget for 2021-2027 was aimed at helping member states to recover from the pandemic. The leaders of Hungary and Poland vowed to keep the veto in place until the EU Commission and the European Council …
CAPEX.com signed a sponsorship deal with Juventus, the current Serie A champion. CAPEX.com is an FX and CFD broker which collaborated with an Italian football giant through a multi-season sponsorship agreement. CAPEX.com is a CySEC-regulated trading platform and will be the official trading partner of Juventus for the coming seasons as the company sets to …
CAPEX.com Signs a Sponsorship Deal with Juventus Read More »
On November 26, the euro increased to a close three-month record, and the greenback went on the defensive on downbeat U.S. economic data and optimism about covid-19 vaccines. Investors looked for riskier assets tied to global commodities and emerging markets. Furthermore, the sterling reached its three-month record versus the greenback as traders also awaited details …
Forex News: Australian dollar falls, the euro rises Read More »
USDTRY The rising number of coronavirus cases and individuals filing for unemployment benefits in the US will take a toll on the performance of the greenback. The figure for the most recent initial jobless claims report was 778,000. The number published on Wednesday, November 25, represents the second consecutive week of spike in the report …
According to the latest news, on Wednesday, the U.S. dollar nursed losses as optimism over a covid-19 vaccine and expectations for a fiscal rise from a new U.S. government triggered a shift of funds from the dollar to riskier assets. Significantly, the greenback touched near a two-month low against the Australian dollar. Meanwhile, the dollar …
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
