Dollar broadly stronger; Euro shaken as ECB says inflation target at risk, further stimulus possible
The dollar extended gains against the other major currencies on Wednesday, as the previous session's strong U.S. data continued to support and as market volatility eased after China cut interest rates...
On Wednesday the euro fell to session lows against the firmer greenback, after a series of measures Beijing launched to stabilize the market rout...
On Wednesday the Japanese currency was weaker against the greenback and euro in another round of jittery trade in Asia. Investors keep an eye on the region's equities after the global stock-market selloff...
On Wednesday the Aussie slipped against a broadly stronger greenback, while the kiwi was higher boosted by positive data from New Zealand...
The dollar, global stocks, oil and core bond yields - all rose Tuesday after China’s central bank cut interest rates in a bid to bolster economic growth after a plunge in the country’s stock market...
On Tuesday the British pound has reached seven-week high vs the dollar, but gains were limited due to mounting uncertainty over the timing of the Bank of England's possible rates hike...
On Tuesday the Australian and New Zealand dollars recovered from a steep fall caused by turmoil in the Chinese equity market...
Morgan Stanley is making the forecast for USD for the current week telling about bullish market condition: "With the Fed minutes leaving the option of a September rate hike open, the USD will be extremely data sensitive. Weak global demand is likely to continue weighing on manufacturing figures...
On Monday the greenback was lower versus the yen, euro impacted by a sharp drop in Chinese stocks overnight which added to worries over the growth in the world's second largest economy. This, in turn, spurred concerns over the timing of the Fed rate hike...
Monday Asia trade saw the yen rising against its rivals, as concerns about the Chinese growth prompted investors to seek shelter...
Harborly (American Bitcoin Exchange) announced to shutdown the services: "When we first launched Harborly just over a year ago, we had the vision of giving our users the simplest, quickest, and safest way to buy and sell bitcoin globally using their local currency," the company told in announceme...
On Thursday Kazakhstan has shocked global markets - its national currency was plunge on 23 percent. Kazakhstan abandoned control of tenge rate. Vietnam also devalued the dong, while freely traded currencies (the South African rand and Turkey’s lira) extended losses...
First Bitcoin academy in the African continent is to play important role in the study of cryptocurrency and it has opened its doors for organizations and individuals to learn more about Bitcoin and Blockchain...
W1 price is located above 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for the primary bullish market condition with secondary ranging between 23.6% Fibo support level at 119.93 and Fibo resistance level at 125.85: two ascending triangle patterns were formed by the price with 125...
History Shows Time to Sell Dollar Is Now With Fed Near Liftoff Is Now the Time to Sell the Dollar...
The USD/CAD pair remained in rest mode as markets seek some impetus from US and Canadian data later today...
Skandinaviska Enskilda Banken (SEB) made some intra-day analysis for few pairs whch may be used for the next week for example. Those pairs are the following: EUR/USD, USD/JPY, EUR/GBP and AUD/USD...
EURUSD was up and down again for ranging on the back of the China surprise and the news that Greek creditors reached a deal. The price reached the border between bearishand bullish trend and stopped near some key resistance levels such as 1.1113/1.1215/1.1466...
