Is the dollar's recent strength just the beginning of a multi-year run of U.S. outperformance? Read the perspective of Jeffrey Mortimer, CFA the Director of Investment Strategy at BNY Mellon Wealth Management.
Read moreAt 16:00 today, the Bank of Israel Monetary Committee announced the bank's interest rate for December. As most analysts believed, the rate remained at its current level of 0.25%.
Read moreThe central bank had sent a notice to all treasury managers informing them that it no longer objects to Kuwaiti banks dealing in derivatives with foreign banks if they are in line with the regulations.
Read moreIn Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and AUD/USD. To view and download the entire report, click here (PDF). USD/JPY: Challenging its support at 114.06 • USD/JPY has failed to break the hourly resistance at 115.52 (06/11/2014…
Read moreThe State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’…
Read moreThe American people have put their trust in the Republican Party, sending a GOP majority to the U.S. Senate. Voters delivered a strong conservative message rebuking the policies and direction of the country at a time when Barack Obama's approval ratings are sitting at all-time lows. So in the immediate term, what does that mean to the currency markets…
Read moreIn Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and USD/CAD. To view and download the entire report, click here (PDF). USD/JPY: Grinding higher? • USD/JPY has broken the resistance at 109.46 (19/09/2014 high). However, given…
Read moreIn Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and AUD/USD. To view and download the entire report, click here (PDF). EUR/USD: Challenging a strong support area • EUR/USD has broken the strong support at 1.2755…
Read moreWhile the Ruble is breaching government mandated price controls; Russian Central Bank heads are still keen to proceed with plans to remove currency controls which analysts say in the long run with be net positive for the Russian economy
Read moreEcuador's resident Rafael Correa is planning to launch a national virtual currency as a plan for when the nation runs out of money - again.
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