Quora. Untitled. Digital Technology Institute. Default. Untitled. DTI. CountingPips FX – Page 1149. Source: ForexYard Riskier currencies made significant jumps in overnight trading, as positive news from the US economy led to renewed optimism in the global economic recovery.
The most recent US Trade Balance and Unemployment figure both came in better than expected, and led to gains for the Canadian and Australian dollars. Still, the news was not enough to help the euro, which took some losses against the US dollar. Economic News USD – Dollar Slowly Moving Away from Record Lows against JPY The greenback has been slowly moving away from the 15-year low it recently hit against the Japanese yen. As we close out the week, traders can expect heavy volatility from the GBP/USD and USD/CAD pairs. Next week, USD traders will want to prepare themselves for a batch of significant news that is likely to impact the dollar. EUR – EUR Fails to Gain From Positive US Data EUR/USD has continued to drop in overnight trading, while EUR/JPY has remained relatively steady since yesterday afternoon.
Mahak Mishra on CodePen. Digital Technology Institute. Untitled. Untitled. CountingPips FX – Page 1147. Source: ForexYard Following solid economic news out of China released last Friday, the euro, as well as other so-called riskier currencies, has maintained an upward trend going into this week.
That being said, analysts are warning that these gains may only be temporary. Overall economic sentiment regarding the euro zone is still fairly pessimistic. The slightest bit of bad news could cause investors to revert back to the safe haven US dollar and yen, which would lead to a drop for euro pairs. Economic News USD – USD Starts Busy Week Down vs.
Despite the significant gains the US dollar made in the first half of last week, a sudden switch to risk-taking among investors eventually caused the currency to slide back into a bearish trajectory. Today, USD crosses will likely fluctuate based on what ECB President Jean-Claude Trichet says in his speech. As for the week ahead, traders will want to pay attention to a batch of potentially significant US economic data. Technical News The Wild Card. What To Do's & Don't Of SEO? How To Do SEO proper from the phrase point of view and at the same time adding content While Considering Don't Of SEO AS WELL.
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