EUR/USD pair is on a second intra-day low and fallen to this year new level. The reason behind could be the Greenback strengthening among cautious investors despite receding demand for safe-haven assets. Government bonds fell, pushing yields to the upper end of their weekly range. Yesterday the FOMC released the Minutes of its latest meeting. [...]
The British pound is the official currency of United Kingdom and it is known as ‘Sterling’ or ‘Pound’. The "pound sterling" is the oldest currency in continuous use. Some nations that do not use sterling also have currencies called the pound. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, [...]
Kiwi showed downtrend showing reaction to the recent August RBNZ monetary policy decision and Country lock down. New Zealand RBNZ releases it monetary policy today, which agreed to kept the Official Cash Rate (OCR) on hold at 0.25 per cent for now. Reserve Bank governor Adrian Orr said on today that decision made among the [...]
Aussie draw-out its second day low on today market session after the release of RBA minutes. The Aussie pair reacted to the recent RBA monetary meeting. Recent RBA minutes highlight the impact of the corona virus on the Oz economy, saying that "recent eruptions of the delta variant of Covid-19 have hampered recovery". In Monetary [...]
