CAD/JPY The 50-day moving average for the Canadian dollar to Japanese yen pair has been on a significantly higher level than the 200-day moving average, Speaking to the volatility of the currency in one of most prominent Asian economies. In comparison however, the Canadian currency has been fairing rather well, despite even the threat of …
USD/EUR The United States have been struggling to reassure the market on the strength of their currency as the Pandemic spreads like wildfire throughout the nation, claiming the lives of 137 thousand Americans. As if this was not enough, the massive dispute and stall in trade with china has caused disruptions on the market, even …
The Norwegian krone declined due to the report but has bounced later and will end the session about a flat. As was generally assumed, the Norges Bank held the policy rate (its actual interest rate) at zero, saying that the policy rate will most probably settle at today’s level for some time ahead. The overnight …
Typically, the Japanese yen surged among risk aversion due to its status as a haven. But yesterday, the currency was trying to rise. Some analysts revealed that by the rally of the stock market. Domestic economic signs were not beneficial to the currency of Japan either. European stocks recovered, with all significant indices logging gains. …
JPN/USD The Japanese yen to US dollar has had a relatively stable and predictable behavior for the past few months, not straying far from its current moving average. At the moment the pair is on the rise but is unlikely to reach its resistance level anytime soon. On the other hand the Japanese economy has …
They were heading to the manufacturing and non-manufacturing purchasing managers’ index (PMI) readings. The yuan, which had served to as low as 7.17 against the dollar, has been amongst the top-performing Asian currencies this year, surging nearly 3% year-to-date. Could the yuan dare market expectations even more? At the beginning of the week, the People’s …
The Chinese Yuan Tests At 6.7 While Lpr Remains Unchanged Read More »
Leading to the manufacturing and non-manufacturing purchasing managers’ index (PMI) readings. The yuan, which had purveyed to as low as 7.17 upon the dollar, has been one of the top-performing Asian currencies this year, rising nearly 3% year-to-date. Could the yuan challenge market expectations even more? On Monday, the People’s Bank of China (PBoC) left …
People`s Bank Of China Leaves LPR Unchanged And Adds More Liquidity Read More »
NZD/GBP The New Zealand to Great British pound pair has been going up in the last four months, consistently breaching its resistance levels and last week reached 0.524 points, a mark it had not hit since August of last year. After a small dip that is very much within the pattern of the pair, it …
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
