Australian CPI (Consumer Price Index), which is released each quarter, measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at 1:30 GMT. … “AUD/USD: Trading the Australian CPI”
Month: April 2017
Canadian Dollar Erases Early Gains as Lower Oil Prices Outweigh Wholesale Data
The Canadian dollar gave up all of the gains it had achieved against its main counterparts earlier on Monday, following a drop in oil prices that weighed on the loonie. Canadian economic data was supportive of the currency today as wholesale sales were better than expected in February, but the positive data was overshadowed by concerns about a global crude oil supply glut. Oil prices shed about 1% today to drag … “Canadian Dollar Erases Early Gains as Lower Oil Prices Outweigh Wholesale Data”
EUR/USD: what’s next after the French elections? Two opinions
Macron topped the first round of the French elections and the euro rallied. We described the levels to watch out for. Here are two opinions Here is their view, courtesy of eFXnews: EUR/USD: ‘The Trend Has Turned’ – SocGen Societe Generale FX Strategy Research discusses the EUR outlook after the market-friendly outcome for the first round of … “EUR/USD: what’s next after the French elections? Two opinions”
Yen Soft as Fears Abate After French Elections
The Japanese yen was soft today after the outcome of the French Presidential elections eased fears on markets. While the currency traded above the Monday’s opening, it was still far below the Friday’s close. Uncertainty about the outcome of the French elections has been one of the reasons for risk aversion on markets. A nightmare scenario would be two euro-skeptic candidates going to the second round of elections. With that outcome averted, investors became … “Yen Soft as Fears Abate After French Elections”
EUR/USD Retreats from 5-Month High After French Election
The euro retreated from the opening levels today, but that was after opening sharply higher following the French Presidential election over the weekend. In fact, EUR/USD opened at the highest level since November. With almost all votes counted by now, centrist candidate Emmanuel Macron and far-right Marine Le Pen will go to the second round of elections. According to the opinion polls, Macron should have a healthy lead over Le … “EUR/USD Retreats from 5-Month High After French Election”
EUR/USD levels to watch after the favorable first French
Market favorite Macron is now leading the real vote as well as the exit polls. As the centrist cements his lead, it is time to look at the bigger picture for the common currency. EUR/USD is already the exit polls. The pair is trading just above 1.09 as trading volume remains thin. It has peaked … “EUR/USD levels to watch after the favorable first French”
French elections: Turnout stands at 28.5% at midday, similar
The French interior ministry reports a turnout of 28.5% by midday French time, 10:00 GMT. Turnout was 28.3% in 2012, so this is a minor uptick. Back in 2007, turnout was 31.2%. French voters overseas have been already voting since Saturday. According to reports, there was a long line in Montreal, Canada, covering about two kilometers. According … “French elections: Turnout stands at 28.5% at midday, similar”
Podcasts to Press Play
Rather than having to crawl through the news to get the latest updates happening in the world of Forex, listening to a podcast while at the gym or commuting your way into the office can be a much more convenient way to get your daily dose. Podcasts are often far more entertaining as it’s more … “Podcasts to Press Play”
Podcasts to Press Play
Rather than having to crawl through the news to get the latest updates happening in the world of Forex, listening to a podcast while at the gym or commuting your way into the office can be a much more convenient way to get your daily dose. Podcasts are often far more entertaining as it’s more … “Podcasts to Press Play”
How Le Pen could enter the Élysée Palace – a
President Marine Le Pen has a low chance but could pose a huge risk. The extreme-right candidate calls for a referendum on “Frexit,” a French exit of the euro. The probability is very low, but the risk is enormous, as there is no euro without France, the core of the core. Yet here is a scenario in … “How Le Pen could enter the Élysée Palace – a”