As countries across the world are seeing a resurgence in COVID-19 cases after successfully slowing outbreaks earlier in the year, trading activity is posting new…
Posts published in December 2020
Euronext FX Monthly Volumes Rise 10pct, FX Tape Also Shines YoY
, which operates the biggest pan-European exchange, had one of its busiest months across its FX platforms in November. In terms of its aggregated monthly…
ATFX Dubai Appoints Khadija Boudlal as Head of Client Support
ATFX operations in the Middle East has appointed Khadija Boudlal as the company’s head of client and sales support, according to her LinkedIn profile. In…
Canadian Dollar Strengthens on Q3 GDP, Manufacturing PMI Growth
The Canadian dollar is strengthening against its US counterpart on Tuesday, buoyed by third-quarter economic growth and rebounding manufacturing activity. But the loonieâs rally was capped by sliding crude oil prices…
US Dollar Drops amid Risk Appetite, Outlook for Stimulus
The US dollar fell against a basket of currencies today as risk appetite on the market limited demand for safety provided by the greenback, while the outlook for stimulus in the United States further damaged the appeal of the US currency.…
Euro Surges to Multi-Year Highs Against Dollar as US PMI Misses
The euro today rallied to multi-year highs against the dollar boosted by the positive investor risk sentiment amid heightened optimism about the global economic recovery.…
Sterling Mixed on Hopes for Brexit Deal, Rising Manufacturing PMI
The Great Britain pound was mixed today, rising against some rivals but falling versus others, despite positive fundamentals. Hopes for the Brexit deal and a better-than-expected manufacturing report were providing…
Yen Weakest Despite Better-than-Expected Domestic Reports
The Japanese yen was the weakest major currency on the Forex market today, falling against all other most-traded rivals. Domestic macroeconomic data could not be the catalysts for the decline: it was…
Swiss Franc Gains After Positive GDP & Manufacturing PMI Reports
The Swiss franc logged gains versus a basket of currencies today, getting help from positive domestic macroeconomic reports. Economists do not expect tomorrow’s data to be good, though. Switzerland’s…
Australian Dollar Mixed After RBA Meeting, China’s Manufacturing PMI
The Australian dollar did not show a clear trend today. The Reserve Bank of Australia left its monetary policy unchanged at its last policy meeting this year, as was widely expected.…