August 2017

The Canadian dollar rose on Thursday after the economy surprised to the upside with a 4.5 percent GDP growth in the second quarter being expectations of a 3.7 percent increase. This makes Canada the best performing country in the G7 and has put a rate hike before the end of the year firmly on the […]

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The main US stock indexes have moderately grown, as the block of global strong economic data contributed to the growth of investors’ appetite for risk, while tensions on the Korean peninsula and concerns about the effects of tropical storm Harv…

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Index giant Vanguard Group for the first time has voted against Exxon Mobil management over climate change reporting.The post The newest activist investor on Wall Street has been revealed: Vanguard Group appeared first on NASDAQ.
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Tax reform talk and improving data give USD a boost The US dollar recovered form the soft start of the trading week and is looking ahead of the release of the U.S. non farm payrolls (NFP) on Friday, September 1 at 8:30 am EDT. A strong ADP figure published on Wednesday saw private employers add […]

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AUD/USD is currently struggling to make a directional impulsive move on either side whereas bulls are expected to be the dominant party in the coming days. After the interest rate hike of AUD, the currency has been quite impulsive with its gains which …

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EUR/GBP has recently bounced off the resistance level of 0.9270 after climbing higher with a non-volatile bullish trend. EUR has been quite dominant against GBP earlier but currently, GBP seems to gain some grounds. Today EUR German Retail Sales report…

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U.S. Energy Secretary Rick Perry reportedly warned state attorney generals would watch for price gouging at fuel pumps.The post Energy secretary says government is on guard for price gouging at the gas pump appeared first on NASDAQ.
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It’s been a week of two halves, with the start driven by renewed geopolitical tensions after North Korea launched a missile over Japan and the latter by an abundance of economic releases. While risk aversion dominated earlier on – made worse by the devastating impact of Tropical Storm Harvey – it gradually recovered as the […]

The post Weekly FX Update – 31 August 2017 (Video) appeared first on Forex news – Binary options.

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The index remains strong in the recovery phase that has entered and the 200 SMA on the H1 chart is currently challenged. If it manages to overcome that area, we should expect a rally to test the August 17th highs around 94.04. To the downside, the near…

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The pair still remains in a corrective mode since August 29 and looks forward to testing the support level of 1.2842. Around that area, buyers could appear for a rebound that make a breakout of the latest swing high and if that happens, we expect the p…

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