Fundamental Analysis
AUD Drops as RBA is Considering Forex Market Intervention
[ad_1] On Wednesday, the Australian Bureau of Statistics reported the preliminary retail sales figure, which showed that retail sales dropped by 4.2 […]
Winter is Coming; Are Markets Getting Ready?
[ad_1] When things are bad, it often seems like the end of the world; when they’re good, it feels like the party’s […]
Euro Recovers as Coronavirus Cases Surge in Europe
[ad_1] Previously, Lagarde said that the ECB is ready to deploy more monetary stimulus to aid the Eurozone’s economic recovery. This week […]
Pound Sterling Recovers on Brexit Deal Hopes
[ad_1] Bank of England Governor Andrew Bailey commented that despite the bank being realistic in regards to the possible challenges that negative […]
US Dollar Weakens as Trump Pauses Stimulus Talks
[ad_1] So far this week, the US dollar has lost 0.32 percent against a bundle of its main competitors, falling for the […]
Canadian Dollar Advances Despite Surge in Coronavirus Cases
[ad_1] The bank of Canada Tiff Macklem said on Thursday that it’s certain that the Canadian government will exit the pandemic with […]
GBP Breaks Two-Week Gaining Streak on Bad Economic Data
[ad_1] The United Kingdom is now one of the most affected countries by the advance of the coronavirus pandemic in Europe, with […]
USD Recovers as Coronavirus Cases Rise in the Midwest
[ad_1] The Federal Reserve Vice Chairman, Richard Clarida praised the Central Bank and the Congress’ efforts to stimulate the economy, though warned […]
Australian Dollar Attempts to Recover
[ad_1] Regarding the state of the Australian financial system, the bank’s governing board commented that it remains resilient. So far this week, […]
GBP Recovers as Brexit Talks Optimism Takes Over the Markets
[ad_1] Last week, the pound sterling recovered against the US dollar, gaining 0.98 percent and closing Friday’s session at the 1.3040 level. […]
Yen Gains as Demand for Safe Havens Surge
[ad_1] So far this week, the Japanese yen has advanced 0.64 percent against the US dollar, continuing with a three-week gaining streak. […]
Japanese Yen Continues Appreciating Against the Dollar
[ad_1] Foreign investment in Japan stocks stood at a 212.7 billion yen deficit after registering a 228.7 billion surplus, while foreign bond […]