5 important things this week will bring us!
What to expect from the market this week?
Forex News
Key information updates for profitable trading
Information is not investment advice
Evergreen buck jumps notwithstanding dismal US economic data
On Friday, the evergreen buck flirted with session peaks versus a group of key currencies, neglecting generally dismal American data, which pointed to signs of an economic deceleration…
American economic surge in 2018 misses Trump's 3% goal
In 2018, the American economy failed to meet the Trump administration's 3% annual surge objective notwithstanding $1…
Evergreen buck struggles to rally
On Thursday, the evergreen buck gained support after data disclosed that the US economy demonstrated its strongest annual surge for 12 years…
Gold tacks on as US-North Korean negotiations fail
On Wednesday, gold gained support and rallied due to the fact that negotiations between North Korea and the United States ended up with no deal and expectations for an imminent trade pact between America and China faded away…
Canadian GDP growth may push the CAD up
The level of monthly GDP for Canada is expected on March 1, at 15:30 MT time.
Euro zone sentiment goes down to fresh two-year minimum
In February, euro zone economic sentiment went down for an eighth month in a row hitting a fresh two-year minimum because managers in industry became more pessimistic about order books, inventories, and production expectations…
Evergreen buck rallies on Powell’s remarks
On Wednesday, the evergreen buck ascended in Asia after Fed Chair Jerome Powell came up with a positive assessment of the American economy, although the statesman acknowledged there were some headwinds…
British businesses don’t believe in no-deal Brexit
The vast majority of UK businesses as well as individuals aren’t ready for a no-deal Brexit due to the fact that they don’t find it probable…
American housing market slumps
In December, American homebuilding went down to a more than two-year minimum because construction of both single as well as multi-family housing dipped…
Evergreen buck stands still
On Tuesday, the evergreen buck was still fairly intact due to the fact that Fed Chair Jerome Powell told that the US major financial institution could consider completing its reduction of the balance sheet…
Will the inflation data support the CAD?
Canada will release the monthly consumer price index (CPI) on February 27 at 15:30 MT time.