On September 4, the Reserve Bank of Australia will release the interest rate.
Tag - market forecast
At the end of the previous week, gold rose the most in five months after the Fed’s chairman Mr. Powell gave a dovish speech at the Jackson Hole Symposium.
The Brazilian real is the third Emerging Market currency that has shown the biggest depreciation against the US dollar since the beginning of 2018.
This week the governor of the Reserve Bank of Australia Mr. Lowe proved again that the bank wants to see the weak AUD and interest rates remaining at a record low “for a while yet”.
Do you want a fascinating trading? The oil market is just perfect for you as it never stays calm.
Increased worries about the no-deal Brexit pulled the pound down.
In the recent days, the US dollar index reached the highs of July 2017.
Today we will have a look at the currency of the third-largest Southeast Asian economy – Malaysian ringgit.
The strong rise of the USD caused by the tight monetary policy of the Fed made emerging market currencies depreciate.
Usually, traders pay attention to major currencies such as USD, EUR, GBP and etc. But what about exotic currencies?
The US dollar index has managed to recover after a significant fall.
On the daily chart of USD/CHF, bulls failed to pull the pair out of the upper boundary of the 0.9855-0.9995 consolidation.