JPY strengthened the most since mid-January as the flight to safety caused by the trade wars, continued on Friday and during today’s Asian session. US and Mexican officials prepare for...
Brexit and to be more specific developments in the inner UK political stage after
Theresa May’s announced resignation are expected to move the pound. At the same time we get a number of financial...
MXN weakened against the USD yesterday as the Trump administration announced tariffs of 5% on all imports from Mexico, until that country prevents immigrants from entering the US illegally. The...
As was widely expected, Bank of Canada maintained the current interest rates unchanged at +1.75% and the Loonie weakened. In its accompanying statement the bank stated that it will remain data...
The GBP remained pressured against a number of its counterparts, as Brexit developments seem not to be agreeing with the market. The outcome of the EU elections added pressure on the Tory party...
The USD strengthened against a number of its counterparts yesterday, while on the contrary the EUR lost steam and retreated. The EU is about to discuss the replacement of major EU officials, such...
The EUR maintained its strength early Monday morning as the results of the EU Parliament elections were released. Despite center right and center left parties losing power, the greens and liberals...
EU Parliament election results are to be announced on Sunday night and could rattle the EUR on Monday. Also the UK is expected to have some political developments as Theresa May has announced that...
Market expectations for a possible rate cut by the FED, until October 2019 increased, weakening the greenback yesterday. The USD retreated after hitting its highest level for two years in the USD...
The USD produced little gains from the Fed’s minutes, remaining mostly flat against its major counterparts yesterday. The minutes revealed that there is support among the Committee's members to...