Online Forex broker
On Monday, the common currency slipped at the beginning of the trading session right after German Chancellor Angela Merkel got another blow when her interior minister, who told that he was on the verge of resigning because of the country’s migration policy.
Horst Seehofer, Germany’s Interior Minister, who actually backed tightening border controls, told he was geared up towards resigning from his current position and also as chairman of the Christian Social Union, Merkel’s junior partner in her coalition.
After Friday’s considerable soar, the common currency rapidly lost momentum because the departure of Seehofer is going to be considered to be an uncertain future for Germany’s current Chancellor Merkel.
On Friday, the common currency rallied after the EU leaders came to a migration agreement, which market participants hoped would relieve the pressure on Merkel.
The evergreen buck ramped up its revenue versus the Japanese yen, hitting a fresh six-week maximum because the latest poll of the Bank of Japan Tankan disclosed a moderate dip in the mood of key Japanese producers. Additionally, the activity index in the sector of key producers in the second quarter headed south from 24 to 21 in the first quarter. In the services sector the index of business activity tacked on to 24 from 23.
The Australian dollar edged down after the publication of weaker data on the activity index in the manufacturing sector of China and Australia.
Meanwhile, in June, the index of business activity of the manufacturing sector of Australia dived a bit from May’s reading of 57.5 to 57.4.
In addition to this, in June, the manufacturing sector in China kept expanding, although a slower tempo, according to the last survey of Caixin.
In June, the index of business activity of the Chinese manufacturing sector tumbled to 51.0 from May’s outcome of 51.1.
North Korea's unknown hacking group, Lazarus has made an incredible thing – the hackers from the isolated country have managed to thieve more than half a billion US dollars in crypto assets…
On Friday, the evergreen buck moved down, as bond gains kept holding close to a one week maximum, while the common currency managed to tack on…
On Thursday, Bitcoin generally dived, proceeding with its losing marathon…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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.
|
