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MyFXspot research

Joined: Feb 13, 2018
  • Analysis & Opinion

MyFXspot research's Opinion & Analysis
A complete archive of MyFXspot research's articles, including current analysis & opinion - Page 6

Sterling erased its earlier gains and edged lower on Tuesday as a rise in optimism over prospects for a Brexit trade deal with the European Union faded. Still, the pound remained close to five-week...
The Bank of Canada kept interest rates steady as expected and reiterated that while more hikes would be needed to keep inflation on target, it would take a gradual approach. In our opinion the next...
The United States and Mexico agreed to restructure NAFTA deal. The CAD rallied on the expectation that Canada would sign onto the deal. Our USD/CAD is in good shape now. We have also raised our...
There was nothing new and shocking from Powell on Friday. He repeated the previous Fed comments, we saw in the minutes. The September rate hike is very firmly on the table. December is a bit more of a...
The USD weakened after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates. Trump said that he was “not thrilled” with Jerome Powell's rate...
The CAD strengthened against ithe USD on Friday after data showing a surge in domestic inflation triggered increased bets on another Bank of Canada interest rate hike as soon as September. We have...
The USD ended little changed on Wednesday after reaching a 13-month peak against a basket of currencies. Upbeat figures on U.S. retail sales, manufacturing output and worker productivity supported the...
The EUR sank to its lowest against the USD in more than a year on Friday as a plunging TRY sparked broad risk aversion, with investors worried about a contagion effect on European banks.Trump said he...
The GBP/USD steadied near 11-month lows after a decline this week that was fueled by investor fears Britain will leave the European Union without an agreement on its future relationship with the bloc....
The dollar rose for a fourth straight day on Friday, benefiting from turbulence caused by an escalating US-China trade conflict, as investors prepared for a US jobs report due later in the...