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What was feared is now official: Donald Trump was elected U.S. President.What a thrilling election night! The results showed a much closer contest than expected. Markets are even more nervous as...
The dollar crushed by more than three percent against the yen while the Mexican peso reached record lows early on Wednesday, as Republican Donald Trump surprisingly took the lead in the race for the...
EUR/USD Weekly Trend: Overbought 1st Resistance: 1.1241 2nd Resistance: 1.1303 1st Support: 1.1115 2nd Support: 1.1060 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of...
Just two days ago, on Monday, while USD/CHF was trading around 0.9785, we published “USDCHF Is Not The Pair to Buy Right Now”, citing that it “could be expected to continue to the...
Trump Victory Throws Into Question December Fed HikeRepublican Donald Trump stunned the world on Tuesday by defeating heavily favored Hillary Clinton in the race for the White House, ending eight...
Markets react positively to President-Elect Trump’s victory speech after a tumultuous day in Asia.Well what most thought could never happen, has! The black (orange) swan event that was...
For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.7738. LME Copper prices rose 0.24% or $12.0/MT to $5044.0/MT. Aluminium prices declined 0.58% or $10.0/MT to...
For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3286. Macroeconomic data indicated that, Canada’s seasonally adjusted housing starts dropped to a level of...
For the 24 hours to 23:00 GMT, the USD rose 0.58% against the JPY and closed at 105.11. In the Asian session, at GMT0400, the pair is trading at 101.84, with the USD trading 3.11% lower against the...
For the 24 hours to 23:00 GMT, the GBP declined 0.22% against the USD and closed at 1.2368, after UK’s industrial production unexpectedly dropped by 0.4% MoM in September, compared to a similar...
For the 24 hours to 23:00 GMT, the EUR declined 0.27% against the USD and closed at 1.1013, after Germany’s seasonally adjusted industrial production dropped more than expected by 1.8% MoM in...
The United States of America is experiencing its own version of Brexit, probably even a worse one. At the time of writing Trump needed 1 electoral vote to win the elections and he’s leading in...
The markets were taken by surprise as polls closed and counting began in the US. At the time of writing, Trump is seen leading with 238 votes to Clinton's 209 in the race to 270 electoral votes needed...
The US dollar plunged against the majority of the G10 currencies, except the CAD (1.40%), AUD (-1.91%) and NZD (-0.89%), on the back of a mispriced performance from the Republican candidate, Donald...