On Wednesday, the U.S. dollar nursed losses as hopes about a potential Covid-19 vaccine was offset by worries about how the new vaccine will be delivered as well as a rise of new coronavirus cases in the U.S. Moreover, the New Zealand dollar rebounded from early declines and reached its most substantial level in more …
AUDJPY The bears are expected to take full control of the AUDJPY pair in the coming session. The interest rate cut from the RBA coupled with the disappointing results from Australia’s recent report will take a toll on the performance of the Australian dollar. In its most recent meeting, the Reserve Bank of Australia slashed …
According to the latest news, traders unloaded the Japanese yen and purchased riskier currencies and the greenback on Monday. Additionally, market confidence in the economy and world trade boosted as the Coronavirus vaccine developed, and Democrat Joe Biden won the presidential elections. Since March, the yen, often called a leading safe-haven, witnessed the largest decline …
Yen Witnessed the Largest Decline Against the Dollar Read More »
EURGBP Both the European Union and the United Kingdom are expected to post disappointing figures in today’s report, November 10. Due to weak French exports of $37.6 billion against imports of $43.3 billion, investors are expecting the labor market to post a worse-than-expected result for the country’s unemployment rate. The forecast for France’s unemployment rate …
According to the latest news, the British pound increased in early London trading on November 9 after hitting a nine-week record against the greenback overnight. Additionally, Decomrat Joe Biden’s victory in the Units States Presidential elections saw global markets at new highs and riskier currencies boosting. Remarkably, global equities increased, and the dollar index dropped …
USDRUB Despite Kremlin’s denial, investors remain skeptical on the current health situation of President Vladimir Putin. Reports emerged on Friday, November 06, that the Russian president who served the highest post in Russia for a total of 16 years will be resigning due to his Parkinson’s disease. This news is untimely as Russia’s economy faces …
The U.S. dollar steadied against other currencies on October 6. However, according to traders, more losses are expected as a contentious U.S. presidential election diminished optimism for massive stimulus to support the short term’s economy. Investors are betting on Democrat Joe Biden’s victory. However, Republicans will maintain control of the Senate. That will make it …
USDPLN Investors might want to reconsider investing in the Polish zloty following the recent agreement by the EU leaders. The deal will allow the European Union to cut its financial aid to members it found were violating the rule of law. One of the countries that are in trouble is Poland. On October 29, Poland …
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
