Underpinned by a better-than-expected US growth reading as well as an upbeat Chicago PMI, the US dollar index advanced to a high of 96.28 Thursday, registering its second consecutive daily gain.
01
Mar
2019
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28
Feb
2019
MetaTrader 4 Platform Update
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Dear Trader, Please find below important information relating to a recent notice from Metaquotes regarding the Metatrader 4 platform. Metaquotes, the technology provider behind the Metatrader 4 platform will stop supporting MetaTrader 4 desktop terminal builds below 1118 and MetaTrader 4 Android terminals below 1104 after 1st March, 2019. Clients are requested to update to the latest version … Continue reading MetaTrader 4 Platform Update
28
Feb
2019
Thursday 28th February: Month-late US GDP data eyed in early US hours.
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The value of the euro weakened against its US counterpart Wednesday, snapping a two-day bullish phase. A revival of USD bidding, driven by advancing US Treasury yields, weighed on the EUR/USD.
27
Feb
2019
Wednesday 27th February: Canadian inflation eyed in early US trade – remain vigilant.
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Pressured by declining US Treasury yields, the US dollar Index (calculated by factoring in the exchange rates of six major world currencies) extended losses Tuesday, shaking hands with its lowest level in three weeks at 95.95.
26
Feb
2019
Tuesday 26th February: Fed Chair Powell testifies in early US hours – remain vigilant around this time, traders.
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Sterling marginally breached 1.31 to the upside Monday and tested February’s opening level plotted nearby at 1.3108 (H4), following news UK Labour would support a second referendum should the Brexit deal be rejected this week.