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…
Posts published in “News”
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.…
How to Write a Business Plan For An Online Business
No matter what type of business you operate, having a well-written business plan is crucial to your success. An effective, well-designed business plan should give…
Consolidation Phase Above 1.3261 on GBP/USD?
The Great Britain pound versus the US dollar currency pair seems to have already started a consolidation. But is this really a consolidation, or are the bears preparing a new fall? Long-term perspective…
Great Britain Pound Strong on Hopes for Brexit Deal
The Great Britain pound rose today, emerging as the strongest currency on the Forex market on Monday. The most likely reason for the sterling’s amazing performance was hopes for a trade deal between the United Kingdom and the European…
Swiss Franc Soft Despite Better-than-Expected Data
The Swiss franc was soft for the most part today, though it managed to log small gains versus the Australian dollar and the Japanese yen. Better-than-expected domestic macroeconomic data was unable to bolster…
USD/CNY Pauses Despite Another Surge in November Manufacturing
The Chinese yuan is trading flat against its US peer to kick off the trading week, despite the central government reporting renewed activity in the manufacturing sector this month. The yuan has…
Australian Dollar Soft on Mixed Domestic Data, China’s Trade Conflicts
The Australian dollar was soft today, trading either flat or lower versus other most-traded currencies. Domestic macroeconomic data was mixed, giving no help to the currency. Better-than-expected economic releases…