Category: Daily FX News

3
Nov

GBP held steady despite the UK’s first interest rate hike in 10 years

Posted ByMohammad Abdelkhalik Category Daily FX News

Sterling held steady on Friday against a group of major and minor currencies, to the lowest rate in a four-week period against the US dollar despite the UK’s first interest rate hike in 10 years. This steadiness came after the central bank confirmed that any further interest rate increases will …

2
Nov

Gold futures fluctuated within a relatively narrow range during today’s US session

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold futures fluctuated within a relatively narrow range during today’s US session following the decline of the US Dollar Index after US released important economic data and looking forward to the announcement of the US President Donald Trump to reveal his candidate to head the Federal Reserve. At 02:56 p.m. …

1
Nov

USD rose before release of new jobs data in the united states private sector

Posted ByMohammad Abdelkhalik Category Daily FX News

USD rose on Wednesday against a basket of global currencies to maintain its gains for the second day in a row, supported by the rise in 10 years US bond yields. This comes ahead of the release of new jobs data in the united states private sector and other data on …

31
Oct

USD rose under effect US bond yields recover for the next 10 years

Posted ByMohammad Abdelkhalik Category Daily FX News

USD rose on Tuesday against a basket of global currencies to resume its gains, which were temporarily suspended yesterday as part of profit taking. The rise comes as US bond yields recover for the next 10 years. In October, and the USD currency is about to make the second monthly …

30
Oct

Most important news on economic calendar 30 October to 3 November

Posted ByMohammad Abdelkhalik Category Daily FX News

USD trimmed gains against a basket of other major currencies on Friday after rising to a three month high on data showing the United States economy grew more than expected in the third quarter. Next week, investors will focus on the Federal Reserve meeting on Wednesday to find new evidence …

27
Oct

EUR is hitting a three month low after European Central Bank decision

Posted ByMohammad Abdelkhalik Category Daily FX News

EUR fell on the European market on Friday against most of the world’s currencies, deepening losses for a second consecutive day against the USD, hitting a three month low after the European Central Bank extended the eurozone stimulus package for another nine months, European interest during 2018. EUR fell against …

26
Oct

EUR rose before decisions of European bank

Posted ByMohammad Abdelkhalik Category Daily FX News

EUR rose carefully on the European market on Thursday against a basket of major and secondary currencies, continuing to rise for the third day in a row against the USD. This comes ahead of the decisions of the Bank of Europe at the end of its meeting on monetary policy, …

25
Oct

GBP rose supported by positive data about British economy during the third quarter

Posted ByMohammad Abdelkhalik Category Daily FX News

GBP rose on Wednesday against a basket of world currencies, recovering a large part of yesterday’s loss against the USD, supported by positive data in London showing the growth of the British economy during the third quarter, the EUR rose marginally for the second day in a row against the …

23
Oct

Most important forex news on economic calendar this week 23 to 27 October

Posted ByMohammad Abdelkhalik Category Daily FX News

USD index, that measures the price of the USD basket against other major currencies, rose on Friday as the hopes for a united states tax reform rose after the Senate approved the budget, allowing Republicans to track tax cuts without the need for party support. USD gained gains on Thursday …

21
Oct

EUR has backed down against the international currencies

Posted ByMohammad Abdelkhalik Category Daily FX News

On Friday EUR has backed down in the Europe market against the international currencies, and on its way for the first loss during three days against USD, under the pressure of increasing USD against most main and secondary currencies, especially against the low profit currencies, after the jump in ten …