Sterling recovering against Greenback What’s in the News? Britain fears and releases waiver for people crossing the Northern Ireland Border under the new plans which as they predict might create a ‘back door’ with the European Union after the Brexit. They are also pursuing a series of waivers for goods. To preserve and maintain the […]

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Aussie seen rising What’s in the News? According to the latest wages report released by the Australian Bureau of Statistics in May, we can understand that due to the fall in nominal wages, the real wages were falling. The latest report released today shows that for the sixth consecutive quarter, the annual growth in wages […]

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Sterling is Finding Support What’s in the News? According to the Fed officials, the slowdown in the US workforce engagement was seen as a reflection of the downturn which would gradually change with time and low interest rates. The shortened US workforce is presently near to the smallest size since the 1970s. And, this has […]

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Swiss are Bullish What’s in the News? Trimming the $4.5 trillion balance sheet has been the talk of the town for a long time. Yesterday, one of the members of the Federal Reserve’s interest-setting committee made the point that it would be better if the Central bank announces its balance sheet reduction next month. He […]

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Euro Continues to Fall What’s in the News? The Central bank in Europe isn’t showing any signs to drift away from the negative rates any time sooner. Situations are slightly improving in the US. Growth and inflation are recovering in a better pace than expected when compared to Europe. But some factors are still causing […]

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Greenback gaining against Yen What’s in the News? Situations are getting worse day by day in U.S. Presently, the U.S fiscal outlook is a matter of concern and it also stands as a limitation against which new proposals must be judged. On the other side, the policymakers and news headlines are concerned mainly on the […]

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Kiwi to Decline What’s in the News? After New Zealand’s inflation expectations fell, Kiwi is found to have gone weaker across the board by dipping to its lowest level since July 20. The RBNZ’s Survey of Expectations revealed that both the 1-year and 2-year out expectations fell short compared to the previous numbers. We have […]

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Kiwi continues to slide against Greenback Tightening the labor market paved way for the drop in unemployment benefits for Americans last week. This made the Fed stable and, according to their plan, they will gradually start reducing their huge bond portfolio. Last month witnessed the fewest job cuts in the past eight months and this […]

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Gold falls as Greenback recovers Yesterday, San Francisco Fed President John Williams stated that “The U.S. economy will likely be strong enough for the Federal Reserve to trim its bond holdings in September”. He also told that “the process would be nice and easy and it will take about four years to get the balance […]

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Greenback momentum attempts higher Yesterday, the stocks were performing average after the mixed reactions in the previous sessions. Due to the upward move, the Dow reached an intraday high. Wall street has strengthened because of the reaction of traders to earning news with most of the corporate results exceeding the estimates made by the economists. […]

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