Forex

GBPUSD is Testing Critical Support, Can The Bulls Win?

The GBPUSD pair started its free-fall after hitting the high of 1st November at 1.2972. Currently, the GBPUSD pair is…

Nov 08, 2019, 07:12 GMT

GBPCAD Plunges on Dovish BoE Vote, Rising Crude Oil Prices

The GBPCAD is trading lower today on the back of diverging fundamentals affecting the component currencies. The commodity-based Canadian Dollar…

Nov 07, 2019, 14:07 GMT

DXY: The Dollar Might Have Bottomed Out Last Week

The US Dollar index (DXY) has quietly started to trade higher and looks to have bottomed out on November 1. …

Nov 07, 2019, 13:58 GMT

NZDUSD Spikes On Renewed US-China Trade Optimism

The New Zealand Dollar is the star of today’s trading so far as more positive news emanates from the US-China…

Nov 07, 2019, 13:35 GMT

USDMXN Recovers Earlier Loses After Mexico Inflation Tops Forecasts

USDMXN trades 0.03% lower at 19.1385 close to weekly lows after Mexico Core Inflation came in at 0.25%, below forecasts…

Nov 07, 2019, 13:16 GMT

Bank of England Leaves Policy Rate Unchanged, But 2 MPC Members Wanted A Cut

The Bank of England (BoE) held its policy rate steady at 0.75% as expected, and also left the Asset Purchase…

Nov 07, 2019, 12:33 GMT

GBPUSD Slumps to Daily Low after Bank of England Kept Rates Unchanged

GBPUSD trading 0.20% lower for the fourth consecutive day after Bank of England (BOE) kept rates unchanged at 0.75% as…

Nov 07, 2019, 12:06 GMT

EURUSD Turns Higher On US-China Existing Tariffs Cancelation

EURUSD managed to rebound from 1.1054 daily lows on headlines that US and China agreed to cancel existing tariffs. One…

Nov 07, 2019, 10:09 GMT

Forex focus on Bank of England Interest Rate Statement

Investors will focus today on BOE rate meeting due at 12:00GMT, as they turn cautious after the expected meeting between…

Nov 07, 2019, 07:17 GMT

Bank of England (BoE) Rate Decision: What It Means for GBPUSD

The GBPUSD will come into focus tomorrow as the Bank of England prepares to release its latest monetary policy rate…

Nov 06, 2019, 16:34 GMT