Online Forex broker
On Monday, the Australian dollar sank further in Asia, with China posting faster than expected producer price revenues, and also demonstrating that inflation pressures are building in the Chinese economy which is a number one export destination for Australia.
The currency pair AUD/USD hit 0.7875, slumping 0.25%, USD/JPY reached 112.00, soaring 0.17%. As for EUR/USD, this currency pair showed 1.1807, declining 0.13%, and only GBP/USD stood still, sticking to 1.3284.
The US dollar index, gauging the US currency’s value against a basket of six crucial currencies, inched up 0.11% demonstrating an outcome of 93.02.
As China informed, September prices surged 0.5% versus a sudden 0.4% leap observed on month and also up 1.6% on year as anticipated, while PPI rallied 6.9% versus a sudden 6.3% profit.
This week, market participants will be looking at British housing data to evaluate the economic impact of the hurricanes that hit the southern US coast the previous month.
On Friday, the evergreen buck slumped after Donald Trump had the Federal Reserve heavily criticized for lifting interest rates, although it was still on target for a second winning week…
American multinational companies get down to reevaluating their currency hedging strategies following a leap in the evergreen buck for recent months because the impact of the stronger US currency starts influencing second-quarter corporate profits…
On Wednesday, the British pound headed south to the lowest value for 10 months versus the broadly stronger greenback because suddenly dismal British inflation data decreased chances for an August rate lift by Britain’s key financial institution…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
