Daily EUR Analysis : Weakness of EUR, will it prevail?

EUR is struggling to gain ground. But unfortunately it seems that its current weakness of EUR will persist. Almost all its counter-currencies are taking advantage of the weaken state of Euro. The current trade scenario is disappointing the traders of this currency. The worst news is that current trading circumstances do not reflect any hope of rise in the worth of Euro in the near term as well. …

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Trading Trend of USD, Traders Eyeing the FOMC

The traders are eying the FOMC Meeting. The result and outcomes of FOMC are in spotlight. this meeting will influence the trading trend of different currencies in Forex market. Thus the flow of trade was a bit slow. However the anticipation of FOMC Meeting has spiked up the price of safe-haven. As expected, USD gained as compared to its major counter-currencies. While on the other hand, this wait …

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Chinese Economic Recovery and AUD Review:

Chinese government has recently announced the latest economic data. This Chinese economic data reveals slower than expectations growth and economic recovery of China. Such lower than expectations figures have dragged the value of AUD on Friday. Fall of the value of AUD: After a stable journey now AUD seems to be struggling against USD. On Friday, AUD faced a fall of 2% as compared to USD. This was …

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GBP/USD Review: BOE Monetary Policy

monetary policy

Traders were keenly eyeing the performance of Bank of England for any change in monetary policy. But finally traders are all relaxed with the announcement of unchanged policy. This news have led the value of GBP/USD to jump a bit. The value is now at 1.3642.it has risen from 1.3569. The supporting interest rate and policy of BoE seem to remain the same in the near term. This …

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GBP Review : A Smooth Trail of Gains in 2021.

The beginning of 2021 is about to witness a smooth trail of Gains of GBP. January seems to be a relaxing and soothing month for GBP traders. All its counter-currencies are losing their charm because of the growing attraction of GBP. GBP/USD, smooth trail of gains: The Brexit deal of trade with the EU and the positive news of the effectiveness of the Vaccine against the virus are …

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FOMC minutes highlights

fomc

The Minutes of Federal Open Market Committee(FOMC) have laid stress on the fact the monetary policy should help in bringing about a proportionate adaptation with the changes in the forex market. Instead of providing guidance as these were expected to enlighten, these confusing minutes has resulted in bringing a severe change in the prices of forex market. Eventually there is a fall of value of currencies. Particularly EUR/USD …

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GBP decline ahead of Brexit Talk and GDP data – VPX Market Review

Fundamental Analysis

Pound and the Pandemic: The recent discussion between the President of European Commission and the Prime Minister of U.K has led to the further downfall of Pound. The value of Pound continues to be weak as the economy of U.K is still struggling. The value of Pound would be expected to enjoy a rise and get a slight relief but then came the horrifying news of another strike …

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GBP falls after increase in worries about Brexit and UK Economy data

The National Output data of U.K and pandemic: The pandemic played havoc with not only the lives of human but also shattered economies and GBP as well. The financial markets suffered and it has left lasting imprints on Forex trade. Unexpected changes and dire situation marked history. Even the economies of advanced countries all over the world felt shocks of the pandemic. The economy of the entire world …

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ECB decided to increase its bond buying program to 1.35 trillion EURO

A bold move of ECB: Finally the global economy felt a slight positive change after the lock down severity of the recent past. The European Central Bank played a vital role in this regard. ECB like always again made a bold move that has caused a huge impact on financial markets. European Central Bank increased the value of its bond-buying program to 1.35 trillion(EURO) and it has decide …

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