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In November 2017, the Bank of England hiked interest rates for the first time in 10 years. The market dubbed that a “dovish hike,” encapsulating the idea that though the BoE hiked interest rates, it provided forward guidance that made it very clear ...
The Euro fell to fresh one-year lows against the Dollar as key support levels gave way Wednesday. Weak business confidence data from Germany added fuel to the latest drop in the Eurozone currency and now focus turns to Friday’s U.S. Gross Domestic ...
Euro bulls have had little to cheer about lately. After losing 4.5% to the Dollar in 2018, the currency is again facing losses in the early parts of 2019. In fact, the 2% drop in the first quarter was its worst in four years. EUR/USD is now facing ...
Did you see that move in EUR/USD yesterday? Since hitting a low in early March, EUR/USD has been on a tear, gaining eight out of 11 trading days. Heading into yesterday's Federal Reserve meeting, that put the price pushing up towards some critical ...
On Monday, the British Pound shot 1% higher. Those gains were magnified in the Asian and London trading sessions before the pair sold off sharply. Coming into the office Tuesday, futures and forex traders in the U.S. will see that move nearly fully ...
We have a HUGE WEEK for markets ahead. Take a look at the economic events that are poised to move forex markets in the next five days: • Monday, 10:30 PM ET: Reserve Bank of Australia • Wednesday, 10:00 AM ET: Bank of Canada • Thursday, 7:45 AM ET: ...