Forex

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Central Bank of Russia (CBR) Lowers Key Interest Rate By 50bps to 6.50%

The Central Bank of the Russian Federation (CBR) has announced a reduction in its key interest rate by 50 basis…

Oct 25, 2019, 12:55 BST

USDINR Neutral Outlook Ahead of Fed Meeting Next Week

USDINR trades 0.09% lower at 70.664 close to three week low after the correction from recent top at 71.55 reached…

Oct 25, 2019, 11:35 BST

Mixed Ifo German Data Failed to Impress Investors

The Germany IFO Business Climate came in at 94.6, topping expectations of 94.5 in October. The Germany IFO Current Assessment…

Oct 25, 2019, 09:52 BST

GBPUSD Correction Continues from Five-month Highs

GBPUSD continues south for the second day after PM Boris Johnson is expected to propose general election by December 12th…

Oct 25, 2019, 09:23 BST

Forex Focus on German Ifo and Michigan Consumer Sentiment

Friday is a quiet day in our forex calendar after a busy session yesterday. Mario Draghi left ECB policy unchanged…

Oct 25, 2019, 07:24 BST

EURUSD Might Claw Back Some of Yesterday’s Losses, IFO on Deck

The EURUSD pair has spent the overnight session around last evening’s closing price. However, as the trading was about to…

Oct 25, 2019, 06:52 BST

GBPUSD Tries to Turn Bearish, PM Johnson Might Seek General Election

The British Pound (GBPUSD) is under pressure as the Dollar is gaining against most of its peers. On the news…

Oct 24, 2019, 16:51 BST

Short-Term EURUSD Turns Bearish Post ECB Rate Meeting

The US Dollar is coming back in fashion following today’s ECB rate meeting, and it is making good progress against…

Oct 24, 2019, 16:22 BST

USDCAD Bounces Off Lows on Strong US Manufacturing PMI

USDCAD has bounced off of the multi-month lows on the stronger-than-expected US Marking Manufacturing PMI, which came at 51.5, compared…

Oct 24, 2019, 15:22 BST

EURUSD Goes Up and Down On Draghi’s Presser

EURUSD has moved up and down during Mario Draghi's presser as investors look for clues from the outgoing ECB Governor.…

Oct 24, 2019, 14:43 BST