Summary: The Australian Dollar has continued its previous growth after recent Chinese economic data showed stronger than expected performance. The Great British Pound is struggling due to Brexit uncertainty. Expected interest rate cuts are weakening the Euro and U.S. Dollar. Australian Dollar vs. Pound Sterling The Australian dollar is on the rise. The Reserve Bank […]
Weekly Currency Review DXY Index Price Chart: 5-minute Timeframe (from July 12 to July 19, 2018). Source: Tradeview.com The US retail sales data released this Monday showed 0.5 percent rise in June, and last month’s spending growth was revised to 1.3 percent from 0.8 percent, confirming the accelerating consumer spending in the second quarter. […]
Currency Review for the week from June 12, 2018 to June 19, 2018.
Currency Review for the week from May 28, 2018 to June 4, 2018.
“The market has taken a completely different tone, it no longer believes what the parties are saying. The markets will be really unable to move forward into a different narrative” until the Italian outlook is clearer,” -Alessio de Longis, portfolio manager at Oppenheimer Funds Inc., Amidst political turmoil in Italy and Spain and increased uncertainty […]
