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Monthly archive July, 2018

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UK Service Sector Growth At 8-Month High
FX News 11046
6 years ago admin

UK Service Sector Growth At 8-Month High

UK service sector activity expanded at the fastest pace in eight months in June on robust new work, raising scope for a near-term rate hike by the Bank of England. The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Read More →
Euro gains subdued as US celebrates fourth of July
FX News 11046
6 years ago admin

Euro gains subdued as US celebrates fourth of July

The European single currency climbed against the dollar on Wednesday but gains were limited as concerns ahead Washington's end-of-week deadline to impose tariffs on Chinese imports kept many forex investors on the sidelines.

The yuan was the big mover, Read More →

Australia Has A$827 Million Trade Surplus
FX News 11046
6 years ago admin

Australia Has A$827 Million Trade Surplus

Australia had a seasonally adjusted merchandise trade surplus of A$827 million in May, the Australian Bureau of Statistics said on Wednesday.Original Article Read More →
Australia Retains Record Low Interest Rate
FX News 11046
6 years ago admin

Australia Retains Record Low Interest Rate

Australia's central bank decided to leave its key interest rate unchanged at a record low, as weaker currency supports exports amid fears of trade wars. The board of the Reserve Bank of Australia, governed by Philip Lowe, on Tuesday, voted Read More →
Cryptocurrency Use Could More Than Double In Future: ING Survey
FX News 11046
6 years ago admin

Cryptocurrency Use Could More Than Double In Future: ING Survey

The US, Europe, and Australia are set to witness the public interest in cryptocurrencies such as Bitcoin more than double in future, a survey by ING's eZonomics think tank showed. Only 9 percent of Europeans surveyed currently own cryptocurrencies, but Read More →
Euro slips on German news; JPY relatively untouched by some weaknesses in latest Tankan report
FX News 11046
6 years ago admin

Euro slips on German news; JPY relatively untouched by some weaknesses in latest Tankan report

Broader sentiment made it into positive territory on the last trading day for June, as the major US indices gained support for the day but nevertheless closed the week on a negative tone.

Sentiment this morning soured with Asia Read More →

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