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USD/CAD – Canadian Dollar Steady, Building Permits Crushes Estimate

The Canadian dollar has posted small losses in the Wednesday session. Currently, the pair is trading at 1.2515, up 0.17% on the day. On the release front, Canadian Building Permits posted an excellent gain of 4.8%, compared t0 the estimate of 2.1%. There are no key releases out of the US. On Thursday, the US publishes […]

DAX Recovers After Falling to 5-Month Low

The DAX index has posted gains in the Wednesday session. Currently, the index is trading at 12,490.00, up 0.79% on the day. On the release front, German Industrial Production declined 0.6%, close to the estimate of -0.7%. This marked the third decline in four months. On Thursday, Germany releases Trade Balance. It’s been a volatile week […]

Company News – How to gain $16 223 in a single trade?

Dear traders, We would like to share January trading results of our clients. Check out FreshForex report about the best trades and the most interesting instruments and set your own records! Clients’ Results $9 066.93 is the most profitable January trade! It was long EURUSD position of 15 lots, order was in market for about […]

EUR/USD – Euro Edges Lower as German Industrial Production Contracts

The euro has edged downwards on Wednesday. Currently, the pair is trading at 1.2343, down 0.27% on the day. On the release front, German Industrial Production declined 0.6%, close to the estimate of -0.7%. This marked the third decline in four months. There are no key releases out of the US. On Thursday, Germany releases Trade […]

Beware: FX Space is Calm, but Appearances can be Deceiving

Wednesday February 7: Five things the markets are talking about Risk-averse sentiment seems to have cooled for the time being as a number of the major indexes rebound in the overnight session. Note: From a volatility standpoint, the forex market space appears tranquil when compared to other asset classes like equities or bonds. The rebound […]

German Parties Reach Grand Coalition Deal

After a month of negotiations and two days of post-deadline delays, what UBS’ economist Paul Donovan has dubbed the “world’s most tedious political crisis” is finally over and on Wednesday morning, Germany reached a grand coalition, as news broke that Angela Merkel’s conservatives block reached a deal with the the Social Democratic SPD on forming […]

Bitcoin Price Watch; Struggle On, Locomotive.

There’s a story many may remember from when they were kids. It’s about an old locomotive struggling to get up a hill pulling a train. Everyone was saying it’ll never happen – the train’s done. It can’t keep up with the new trains, new engines, etc. But then it starts to move. One by one […]

Turkey Detains 449 People For Criticizing Invasion Of Syria On Social Media

Authored by Jason Ditz via AntiWar.com, Erdogan Spokesman: Opposing War Means Glorifying Terrorism As Turkey’s invasion of northern Syria continues, so too does their policy of arresting anyone seen as even sort of opposed to the attack. The Turkish Interior Ministry now says 449 people have been detained for criticizing the war on social media, […]

RBI raises inflation forecast between 5.1% and 5.6% on rising crude oil price, house rent allowance

Rallying crude oil price, which is now hovering over $66 per barrel is one of the major inflation-related concerns. According to the Economic Survey Report 2018, every $10 per barrel hike in crude oil prices push inflation up by 1.7 percentage points. Amid the fiscal slippage, experts say government … The post RBI raises inflation forecast […]

Boeing’s Hypersonic Strike-Aircraft Can “Buzz Around The World In 1-3 Hours”

Last month, we noted that “hypersonic aircraft and missiles are being developed and tested by the United States, Russia, and China at an accelerating pace.” While the race for hypersonic technologies has certainly flourished among global superpowers, who realize that the first to possess these technologies will not just revolutionize their civilian and military programs, […]