Kiwi rebounds on support The Fed will most probably deliver the third hike this year, but the market has been uncertain to believe it as this was declared to be achieved in the former times. A hike is expected amid next year viewing at the Fed funds futures strip and only a little more than […]

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Sterling afloat with some support Of particular interest are the possibilities for a deal on the Irish border issue. The last of three Brexit issues that have to be resolved before Friday and a deadline was set by lead EU negotiator Michel Barnier. As the Brexit agreements are in focus, this deadline could be met […]

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Euro Set for Some Correction Extending the longest period of growth since 2006, November discovered an eighth continuous monthly rise in like-for-like sales at eurozone retailers. While monthly retail sales fell slightly in Italy, the rate of expansion accelerated in Germany and France switching the trend seen in the last two months. The IHS Markit […]

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Kiwi finds support against greenback The President of the Federal Reserve Bank of Chicago, Charles L. Evans isn’t induced that the Fed must increase its standard interest rate in the month December as anticipated by many. The chairwoman Janet L. Yellen and other Fed officials favor a rate increase and financial market considers it as […]

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Greenback keeps the upper hand The new orders for U.S. made goods declined less than anticipated in October and as formerly mentioned the shipments of core capital goods were much stronger, signifying a sustained strength in manufacturing that should obtain the economy. On Monday, the Commerce Department mentioned that the factory goods orders declined 0.1% […]

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Greenback gains against Japanese Yen After the U.S. Senate accepted a tax overhaul over the weekend, the dollar was widely higher on Monday reaching a better peak receiving a hike against the yen. On Saturday, the Senate’s consent shifts the Republicans and President Donald Trump a big step closer to their goal of cutting down […]

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Euro remains bullish During November, the Eurozone inflation increased due to higher energy prices flash data from Eurostat showed on Thursday. Following October’s 1.4% increase, the consumer prices advanced 1.5% year-on-year during November. The inflation rate was estimated to raise to 1.6%. Based on the data from Eurostat on Thursday, the euro’s unemployment rate fell […]

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Greenback bulls are in control The Federal Reserve Chair Janet Yellen told Congressional leaders on Wednesday in her final scheduled testimony on Capitol Hill that amongst a strengthened global recovery, the U.S. economy has assembled steam this year and will sanction continued interest rate increases. Janet Yellen stated in her last session before the Joint […]

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Aussie finds the currency lower Along with the Congressional Budget Office, the Joint Committee serves as an official scorekeeper for Congress in assessing the possible influence of unresolved legislation. On the other hand, the committee on taxation has made it transparent that it awaits a dynamic Fed response. Beside the official “score” of the economic […]

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Dollar looks for correction On track for losses against the most rivals in a holiday-shortened week, the dollar rolled in a thin trading today as it remained under pressure on the Federal Reserve’s cautious sight on low U.S. inflation. As few policymakers perturbed about the headstrong weak inflation, the Federal Reserve’s during latest policy meeting […]

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