Currencies

On Tuesday, the evergreen buck went down versus key counterparts, slumping for a third day in a row because signs of decelerating inflation cemented market hopes that the Fed will have its rates cut in 2019…

Bulls have taken control over the GBP/USD pair...

The Federal open market committee will release the monetary policy statement and announce the official rate on May 1, at 21:00 MT time.

On Monday, key currencies were nearly intact in Europe…

On Friday, the evergreen buck went down in Asia due to the fact that financial markets are waiting for the major first-quarter GDP data due later in the day…

The evergreen buck came off Wednesday’s peak in Europe trade, although it’s still firm enough against the backdrop of the news telling that the American economy still demonstrates decent strength…

The United States will publish the level of quarterly advance GDP growth on April 26, at 15:30 MT time.

On Thursday, the common currency nursed losses versus the evergreen buck having slumped to a 22-month minimum on a shocking dive in a leading gauge of economic activity in Germany, boosting fears a deceleration in the EU’s number one economy…

On Wednesday, the evergreen buck headed north, while the Canadian dollar went down after the Bank of Canada left interest rates on hold as anticipated…

The bank of Canada will make its monetary policy statement and announce the official rate on April 24, at 17:00 MT time.

On Monday, the evergreen buck managed to surge versus the common currency and UK pound, backed by the relative strength of the American economy, although moves were still minor because many traders were still away for the long Easter weekend…

On Friday, the evergreen buck is holding near a two-week maximum, on what needs to be a quiet trading session for currencies with most other key American as well as global exchanges unavailable due to the observance of Good Friday…