The Canadian dollar was beaten by Poloz. He is preoccupied with low inflation and the pace of rate hikes is set to slow down. And when will it come? Here is their view, courtesy of eFXnews: CIBC Research comments on today’s speech by BoC Governor Poloz. “In a speech to a St John’s audience, the … “CAD: Poloz Speech Confirms Our View Next BoC Hike Will”
Author: admin_mm
Canadian Dollar Drops Against US Peer on Poloz Dovish Comments
The Canadian dollar dropped against its US counterpart on Wednesday in the wake of dovish comments from Bank of Canada Governor Stephen Poloz. The loonie also had broader losses against other major peers, as investors worried about the gross domestic product numbers, which are due to be released on Friday. In his first speech since the Bank of Canada raised interest rates on September 6, Poloz said that the bank has … “Canadian Dollar Drops Against US Peer on Poloz Dovish Comments”
Euro Declines Against US Dollar on Positive US Data
The euro today declined against the US dollar on the back of positive US macro data including the durable goods orders and the weak MBA mortgage applications data. The euro was weighed down by the political uncertainties in Germany even as Angela Merkel is expected to form a three-way coalition government. The EUR/USD currency pair opened today’s session on a downtrend, but declined further after the release to record a decline of over 75 points from its … “Euro Declines Against US Dollar on Positive US Data”
5 Most Predictable Currency Pairs – Q4 2017
Currency pairs differ from each other: some move slowly and others quickly. Some have better spreads on your broker’s platform and some have worse. And some seem to be more predictable than others when it comes to the charts. Most forex traders rely on technical analysis and a pair that “follows the rules” is easier … “5 Most Predictable Currency Pairs – Q4 2017”
Canadian Dollar Declines Against US Dollar on Weak Oil Prices
The USD/CAD currency pair today hit new three-week highs as the US dollar rallied against its Canadian counterpart even as global oil prices retreated from 5-month tops. The US dollar rallied into the American session disregarding the release of disappointing new home sales data and weak consumer confidence data. The USD/CAD currency pair rallied by about 40 points from its opening price to hit new three-week highs … “Canadian Dollar Declines Against US Dollar on Weak Oil Prices”
NZ Dollar Under Pressure from Election Outcome, Poor Data
The New Zealand dollar fell for the second consecutive day today, driven down by the outcome of the weekend general election as well as today’s macroeconomic data that was extremely poor. The ruling National party gained the most of the seats in the parliament after the election that took place on September 23, but failed to secure a clear majority, resulting in a hung parliament. The New Zealand trade balance turned from surplus in July to a deficit of NZ$1.2 billion … “NZ Dollar Under Pressure from Election Outcome, Poor Data”
Euro Falls for Second Day After German Election
The euro fell today, retreating for the second day in a row, as the inconclusive outcome of the German federal election over the weekend led to political uncertainty in Europe. Christian Democratic Union party of German Chancellor Angela Merkel won the election, as was widely expected, but gained just a third of votes — the worst result in almost 70 years. Their main opposition Social Democratic Party was the second, but had the worst result on the record. At the same … “Euro Falls for Second Day After German Election”
EUR: Less Favorable Outcome Of German Election EUR Negative
The German elections yielded a fractured parliament and that sent the euro down. The team at BTMU analyzes: Here is their view, courtesy of eFXnews: BTMU FX Strategy Research notes that the EUR has weakened during the last trading sessions following the more unfavorable result of German elections. “As widely expected Angela Merkel won her … “EUR: Less Favorable Outcome Of German Election EUR Negative”
EUR/USD: Is 1.20 The New 1.15 For ECB? – Nordea
EUR/USD was hit by the German elections, but still remains in the high range. The key mover remains the European Central Bank. What’s next for the euro? Here is their view, courtesy of eFXnews: Nordea FX Strategy Research notes that every time EUR/USD has traded at 1.20, we get a leak or a comment from the … “EUR/USD: Is 1.20 The New 1.15 For ECB? – Nordea”
![Brief history of Bitcoin [Infographic]](https://investinearth.org/wp-content/uploads/2017/09/infographic-brief-history-of-bitcoin-351x185.jpg)
Brief history of Bitcoin [Infographic]
Bitcoin and blockchain technology are gaining more and more traction. How did it all begin? The infographic below provides a brief overview of the cryptocurrency: Get the 5 most predictable currency pairs