Currency Market Review: South African Rand Falls Amid Fears of Credit Rating Downgrade

Summary: South African Rand (ZAR) falls with the build-up to Moody’s credit review. British Pound Surges with the pairs: GBP/NZD +1.82%, GBP/EUR +1.29% and the GBP/CAD +1.31%. Investors still seem to appear optimistic in terms of the future viability of the Pound and continue to invest in it. South African Rand Falls South African Rand […]

Weekly Currency Review: Fed’s Hawkish Tone Boost Greenback; Dollar Takes Over Yen As A Safe Haven In Trade War

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. […]

Weekly Currency Review: Escalating Trade War Helps US Dollar Beat Others

Weekly Currency Review DXY Index Price Chart: 5-minute Timeframe (from July 4 to July 11, 2018). Source: Tradeview.com The US employment data released last Friday showed optimism in the economy. There are 213,000 jobs added in June, down from the May’s figure of 244,000 but beating the forecast of 195,000 from Thomson Reuters survey. Even […]

Currency Review: Event-Heavy Week for US Dollar

Currency Review for the week from May 28, 2018 to June 4, 2018.

Currency Review: Italian and Spanish Geopolitics Threaten Euro

“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 […]

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