AUD Weekly Review- January 14 to 18

Economic Data and the Increasing Global Risk Sentiment lead Aussie on Mixed Paths against other Major Currencies The Australian economic data was not very strong and the global risk sentiment was increasing. This in turn lead the Aussie on mixed paths against the other major currencies. The Australian economic data was influenced by many top tier events. However there was no …

Read moreAUD Weekly Review- January 14 to 18

BOJ Under Pressure, CCI to Come to a Halt | USD/CNH Trapped between 50 & 200 Hour MA’s

Core Consumer Inflation to come to a halt in the upcoming months. BOJ under pressure, expanding the already Massive Stimulus Program. As per the Reuters report the Japanese core inflation is near the low levels and the Bank of Japan is no closer to the 2% inflation target. The data is likely to be revealed from the Bank of Japan’s …

Read moreBOJ Under Pressure, CCI to Come to a Halt | USD/CNH Trapped between 50 & 200 Hour MA’s

Forex Today: 170 UK Business Leaders Long for a 2nd Brexit Poll | USD/CNH Technical Analysis

170 UK Business Leaders Long for a 2nd Brexit Poll reveals a Report by the UK’s Guardian As per the report by the UK’s Guardian about 170 plus UK business owners and companies are longing for a second Brexit poll. These business owners have signed a letter wanting the Britain’s leaders to give the people of the UK a chance to …

Read moreForex Today: 170 UK Business Leaders Long for a 2nd Brexit Poll | USD/CNH Technical Analysis

GBP Rallies on the Brexit Votes | PM May Defeated in the House of Commons

GBP/USD slides down. PM May defeated in the House of Commons with a difference of 202 to 432 votes. The investors focus is all on the Brexit and it did not turn against what the investors expected in terms of price action. However, the risk sentiment was a bit ignited because of the overnight headlines on China’s stimulus plans for …

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Dollar Weakens as Fed continues Increasing the Interest Rates. Pound Strengthens before the Brexit Vote.

The Dollar weakens because of the expectations that the Federal Reserve will continue increasing the interest rates. The Dollar weakens. The expectations that the Federal Reserve will continue increasing rates this year because of the slowdown in the global growth made the Dollar lose its strength. The Pound, however, showed a little high because of Britain’s parliamentary vote on the …

Read moreDollar Weakens as Fed continues Increasing the Interest Rates. Pound Strengthens before the Brexit Vote.

Dollar holds a Soft Tone against its Counterparts. | AUD/USD reaches its Highest Level

Dollar: Holds a soft tone against its counterparts. US Federal Reserve might hit the pause button on monetary tightening.  The Dollar holds a soft tone against its counterparts. It is expected that the US Federal Reserve might hit the pause button on monetary tightening if the economy slows down this year. Fed Chair Powell on Thursday repeated once again that the US …

Read moreDollar holds a Soft Tone against its Counterparts. | AUD/USD reaches its Highest Level

Pound to Uptick 8% this Year | PPI Highlights Increase Pressure on the World’s Second Largest Economy.

Pound to uptick 8% this year if Britain and EU part ways. According to analysts it is expected that the Pound might increase by eight percent this year. As per the Reuters poll of foreign exchange strategists it is assumed that the Britain and European Union will part ways united. As per the Reuters report in a months time the …

Read morePound to Uptick 8% this Year | PPI Highlights Increase Pressure on the World’s Second Largest Economy.