In August this year we saw the widely trending adoption of MetaTrader 5 . The company has taken its traditional approach to the MetaQuotes’ product…
Posts published in November 2017
Canadian Dollar Firm Despite Falling Employment
The Canadian dollar gained even though nation’s employment dropped last month. Other economic reports were good, though. Automatic Data Processing reported that Canadian employment shrank by 5,730…
EUR/USD Trades Sideways on Eurozone and US Data
The EUR/USD currency pair was on a downtrend for most of the European session after the release of Eurozone CPI data for October. The pair later rebounded in the early American session after the release of US macro data.…
Aussie Strong Despite Employment & Inflation Data
The Australian dollar gained today even though employment data missed forecasts and the inflation expectations gauge decreased this month. The report from the Australian Bureau of Statistics showed that the number of employed…
The US dollar erased earlier losses against the euro on Wednesday, even as lower than expected data for consumer spending on core retail items weighed on the US currency. The greenback received additional pressure…
Japanese Yen Gains Even as Economic Growth Slows
The Japanese yen gained today even as the country’s economic growth missed expectations. Some analysts argued, though, that the data was not entirely bad, and this may explain the currency’s gains.…
Australian Dollar Falls as Wage Growth Stagnates
The Australian dollar fell today against its major rivals, though it has trimmed losses against some of them by now. The main reason was underwhelming wage inflation, though the falling…
British Pound Declines Against US Dollar on UK Labour Report
The British pound today briefly rallied higher against the US dollar after the release of the UK employment data by the Office for National Statistics, which beat expectations. However, the rally was short-lived as the GBP/USD…
US Dollar Declines Against Major Peers Despite Upbeat Inflation Data
The US dollar fell against a basket of its major peers on Tuesday, despite an economic report that showed stronger inflation than expected last month. The greenback further weakened against the euro…
Yen Flat-to-Lower After Kuroda’s Speech
The Japanese yen was stable against such currencies as the US dollar and the Great Britain pound today, but fell against such European majors like the euro and the Swiss franc. Bank of Japan…