TifiaFX / Blog
Despite the fact that the probability of today's interest rate increase in Canada is high, the Canadian dollar declined during the Asian session, and the pair USD / CAD rose today to 1.2460. In December, the Bank of Canada kept its interest rate at 1.0% after doubling it during 2017...
On the eve, the DXY dollar index has reached its minimum for more than three years near the 90.13 mark, and for the year of 2017 the index has decreased by almost 10%, which was the strongest annual decline since 2003. At the beginning of the European session, the DXY index is near the 90.50 mark...
Published on Friday, the macro data, pointed to the growth of inflation in the US. According to the US Ministry of Labor, CPI in December rose by 0.1% compared to the previous month, the base CPI index excluding food and energy prices increased by 0.3% (+1.8% in annual expression...
While the dollar continues to scale down, the rally in the US stock market continues. On Friday, the main US indices reached new record highs, having successfully started in 2018...
As the statistical agency Eurostat reported on Thursday, industrial production in the Eurozone rose by 1.0% in November (+ 3.2% in annual terms). The forecast of economists assumed an increase of 0.6% (+ 2.9% compared to the same period of the previous year...
According to official data published on Wednesday, UK manufacturing production in November increased by 0.4% (forecast was + 0.3%) and by 3.5% in annual terms. Data for October were revised upwards (+ 0.3%, and not 0.1%, as previously thought...
With the coming of the new year, the decline in the dollar, especially noticeably observed at the end of the past year, continued. Nevertheless, the dollar is gradually beginning to win back the lost positions...
Today is the last trading day of the outgoing year, and the dollar remains the focus of investors' attention, demonstrating a large-scale decline. This year became worst in a decade for the index of the dollar WSJ, dropping from the beginning of the year by 7.3...
The dollar continues to scale down. The index of the dollar WSJ, which estimates its rate to the basket of 16 other currencies, fell 0.4% on Thursday. He declined during seven of the last eight sessions...