Euro gaining upper hand against Greenback Since economic growth is in high momentum and inflation is balanced, the European Central Bank is expected to announce that its purchases would slow down. The German Finance Minister, Wolfgang  Schaeuble said in an interview that ECB when ending its ultra-loose monetary policy needs to be aware to prevent […]

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Gold pushed back by strong resistance Gold had a good rise for the past several weeks and the price seems to have come to a halt now. The price hit a long term upper descending line that holds strong since 2013. Traders did watch this level and when price reached this resistance it triggered several […]

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USD/JPY Aiming at Year’s Low The need for safe haven has once again come into play pushing the USD to a fresh week low against the Yen. The market was once again fueled by risk aversion thus creating a demand for Yen. USD/JPY declined to 108.60 and closed at 108.77, with today’s candle aiming for […]

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Gold Continues to Decline What’s in the News? With response to the geopolitical rigidity the gold investors are taking pleasure from the recent rise in price. The overall price and responsiveness of gold appears feeble than would have been expected from the historically based models and for understandable reasons. Due to cryptocurrencies, the influence of […]

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Greenback Gaining against Swiss What’s in the News? Due to the continuous lowflation lots of people are exasperated. Central banks on both sides of the Atlantic are trying to identify the causes. This situation makes the decisions of the monetary policy difficult and weakens the range of institutional solutions which have been proposed by academics. […]

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Greenback strengthens What’s in the News? All the 12 regional banks which come under the Federal Reserve wants to hold steady the rate commercial banks are charged for emergency loans. The U.S Central bank during its July 25-26 meeting kept its discount rate unchanged and lending rate steady. In a move to keep the discount […]

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Dollar headed for some correction What’s in the News? Wall Street has been expecting that Donald Trump’s election would bring in a new business-friendly era in Washington. Dalio was one of the investors who believed that the new administration would perform well for the country’s growth, but things have been unpleasant so far. According to the […]

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Sterling consolidates against Greenback What’s in the News? UK’s Brexit department is now focusing on emphasizing its strategic positions with the European Union which includes regulations of goods to data protection. Apart from the divorce talks, Prime Minister Theresa May’s government wants to discuss with the EU regarding their future relationship with the bloc. The […]

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Kiwi looking to gain momentum What’s in the News? According to the Federal Reserve, the factory production has gone down by 0.1% last month and overall industrial production has increased by 0.2%. As expected, the leading indicators increased in July. This reflects an improving economic outlook. According to the economists poll by Reuters, as predicted, […]

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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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