myforexsystem.info

Forex binary option trade forex binary option

Tag: Economic Exposure

Geopolitical Tensions Moderate Ahead of US Jobs Week

The US dollar was up against majors pairs on Friday ahead of the release of employment data in America. On a weekly basis the greenback gained against the CAD, EUR and GBP but lost ground against the JPY, AUD and CHF after five days that featured various geopolitical developments. Holidays in the United Kingdom and […]

Fed Minutes to Drive Market as Trade Concerns Recede

The US dollar is mixed ahead of the release of the minutes from May’s Federal Open Market Committee (FOMC) meeting. The central bank held rates unchanged but there is almost 100 probability of a 25 basis points rate hike at end of the June 13 meeting. Commodity currencies were higher at the beginning the North […]

Dollar Rises Amid Italian Coalition and China-US Trade Uncertainty

The US dollar appreciated against major rival currencies on Friday. The dollar rally is back on after the two of the largest parties in Italy agreed to form a coalition government and Japanese inflation retreated. Although there is no plan for Italy to exit the European Union it could put it to the test with […]

Dollar Ends Rally Awaiting US Retail Sales Data

The US dollar rally lost momentum during the week and recorded its third day of depreciation versus other major pairs. The USD continues to gain versus emerging market currencies as more signs of a global growth slowdown appear. The US consumer price index (CPI) came in under expectations and raised concerns on how many rate […]

USD/CAD Canadian Dollar Lower Despite Oil Rise After US Pulls Out of Iran Deal

The Canadian dollar was lower on Tuesday after the US currency rose on the back of the uncertainty surrounding the United States participation in the Iran deal. The greenback rose as investors looked to the currency as a safe haven. US President Donald Trump announced that the US would be pulling out of the 2015 […]

Dollar Keeps Going Strong as Growth Concerns Rise in Europe

The US dollar rally continues to gather steam as it appreciated against major pairs for a third week. The U.S. non farm payrolls (NFP) provided little support with a miss in both the headline job number and the much anticipated wage growth component. The main takeaway from the jobs report was the drop in the […]

Dollar Rally Takes Breather Ahead of US Jobs Report

The US dollar is lower against major pairs on Thursday, but still holds considerable gains in weekly measures. The Fed held rates unchanged on Wednesday and its statement hinted at gradual tightening. The usually steady U.S. non farm payrolls (NFP) report has been inconsistent throwing strong wage growth alongside weak numbers. The April NFP report […]

U.S Growth Cools to +2.3% as Gains in Consumer Spending Ease

U.S. economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business investment cushioned some of the weakness. Gross domestic product, the value of all goods and services produced in the nation, rose at a 2.3 percent annualized rate after climbing 2.9 percent in the prior quarter, […]

Dollar Rally Shows Staying Power as ECB Delivers Neutral Comments

The US dollar is higher against major pairs except the JPY who is trading higher awaiting the Bank of Japan (BOJ) monetary policy statement and press conference. The European Central Bank (ECB) was less than forthcoming about its plans earlier today and in his press conference President Mario Draghi made some comments that cancelled each […]

Central Bank Comments Boost US Dollar

The US dollar is higher across the board after geopolitical tensions have eased and Fed speakers are making a case for a faster rate hike for US interest rates. The hawkish comments from Fed’s Loretta Mester contrasted with dovish comments from the European Central Bank (ECB) and Bank of England (BoE) officials which put downward […]