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Canadian Dollar Jumps to 10-Week High as US-Mexico Reach Trade Deal

The Canadian dollar has gained ground on Tuesday, after posting strong gains on Monday. Currently, USD/CAD is trading at 1.2919, down 0.37% on the day. On the release front, the U.S releases CB Consumer Confidence, which is expected to drop...

AdminAug 28, 2018

Fundamental analysis of Forex market

Dollar Inches Lower; All Eyes on US-Canada Talks

Here are the latest developments in global markets: FOREX: The dollar traded 0.16% lower against a basket of six major currencies on Tuesday, erasing the modest gains it posted earlier in the session and looking set to post the third...

AdminAug 28, 2018

Fundamental analysis of Forex market

Gold above $1200 as Powell Comments Send Dollar Downwards

Gold is slightly higher at the start of the trading week. In Monday’s North American session, the spot price for one ounce of gold is $1209.20, up 0.29% on the day. There are no U.S indicators on the schedule. On...

AdminAug 27, 2018

Fundamental analysis of Forex market

Pound Improves in Thin Holiday Trade

GBP/USD has posted gains in the Monday session. The pair is trading at 1.2891, up 0.34% on the day. With British banks are closed for a summer holiday, traders can expect a quiet day from the pair. There are no...

AdminAug 27, 2018

Fundamental analysis of Forex market

Lack of Data Leaves Canadian Dollar Lower

The Canadian dollar has recorded slight gains in the Monday session, paring some of the losses seen on Friday. Currently, USD/CAD is trading at 1.3047, up 0.17% on the day. There are on Canadian or U.S events on the schedule....

AdminAug 27, 2018

Fundamental analysis of Forex market

DAX – NAFTA Progress Pushes Auto Stocks Higher

The DAX has started the week with considerable gains. In the Monday session, the index is at 12,456, up 0.50% on the day. In economic news, German Ifo Business Climate improved to 103.8, above the estimate of 101.9 points. The...

AdminAug 27, 2018

Fundamental analysis of Forex market

Weekly Economic and Financial Commentary: Will Global Growth Catch Up to the United States?

U.S. Review The Housing Disconnect Existing homes sales declined 0.7 percent to a 5.34-million unit pace in July. Total resales are now trending 1.5 percent below year-ago levels. Sales of new homes also fell, down 1.7 percent in July following...

AdminAug 25, 2018

Fundamental analysis of Forex market

The Weekly Bottom Line: Canada – Soft End to a Strong Second Quarter

U.S. Highlights Financial markets jitters have eased somewhat this week as concerns about emerging countries have temporarily subsided, helped in part by a lower U.S. dollar. Economic data was mixed. U.S. business investment remained upbeat in July, with new orders...

AdminAug 25, 2018

Fundamental analysis of Forex market

US Dollar Drops After Powell Stresses Gradual Approach to Rates

The US dollar is lower against most major pairs on Friday. The greenback was waiting for U.S. Federal Reserve Chair Powell’s speech at the central bank summit in Jackson Hole but in the end no new information was provided. Chair...

AdminAug 25, 2018

Fundamental analysis of Forex market

German Ifo Business Climate to Edge up in August; May Struggle to Lift the Euro

The Ifo business survey out of Germany will be making the headlines on Monday at 08:00 GMT as investors look still for evidence that growth in the Eurozone’s largest economy is picking up. While recent data suggest the deceleration in...

AdminAug 24, 2018

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Category: Fundamental analysis of Forex market

Canadian Dollar Jumps to 10-Week High as US-Mexico Reach Trade Deal

Dollar Inches Lower; All Eyes on US-Canada Talks

Gold above $1200 as Powell Comments Send Dollar Downwards

Pound Improves in Thin Holiday Trade

Lack of Data Leaves Canadian Dollar Lower

DAX – NAFTA Progress Pushes Auto Stocks Higher

Weekly Economic and Financial Commentary: Will Global Growth Catch Up to the United States?

The Weekly Bottom Line: Canada – Soft End to a Strong Second Quarter

US Dollar Drops After Powell Stresses Gradual Approach to Rates

German Ifo Business Climate to Edge up in August; May Struggle to Lift the Euro

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Category: Fundamental analysis of Forex market

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