ECB, BoC, GDP & Many More To Entertain Investors During The Week

October 23, 2017 13:41

Be it absence of any missile-tests by North Korea or the Republican leader's ability to get 2018 budget blue print passed by the U.S. Senate, needless to mention about upbeat manufacturing indices, plus signs were all around the US Dollar during last week. As a result the US Dollar Index...


Political Waves Could Overshadow Small Economic Calendar

October 23, 2017 09:43

Last week, upbeat Manufacturing indices and US Senate approval to the President's 2018 budget blueprint were the main triggers that helped the US Dollar Index (I.USDX) to regain its weekly strength while EUR couldn't please the Bulls as soft economics and political problems at Spain continued hurting the regional currency....


Another Busy Day For Investors Started With Chinese President’s Speech

October 18, 2017 09:57

While upbeat US Industrial Production confirmed the strength of manufacturing activity into the world's largest economy and propelled chances of the Fed rate-hike, the US Dollar Index (I.USDX) managed to post consecutive second positive daily closing. The EUR continued struggling with its own political problems at Spain and Germany which...


All Eyes On British Economic Calendar

October 17, 2017 09:54

Having posted a negative weekly closing, the US Dollar Index (I.USDX) managed to recover some of its latest losses on Monday as seven-year high Empire State Manufacturing Index and speculations that Fed's next leader could be a hawk propelled the greenback. The EUR, on the other hand, declined on political...


A Crucial Week For The GBP & Commodity Traders

October 16, 2017 14:28

Last week was the most unfortunate for the USD Bulls among previous five, as early week pessimism concerning US President's tax plan and not so good FOMC minutes met with softer than expected inflation and dragged the greenback gauge (I.USDX) towards posting first negative weekly close. However, the commodity front...