Fundamental view: The Euro has fallen against greenback again during the course of the week. European Central Bank President Christine Lagarde and her colleagues are behind the euro's weakness. In the ECB's first post-strategic review decision, the Frankfurt-based institution enhanced its commitment to keeping lower rates for longer. The ECB made its forecasts point to [...]
Index trading is a technique that refers to certain methods of determining the true value of stocks. The value varies from country to country, and they have a different index for each stock. Trading indices or indexes are very popular among day traders and long-term traders, often because they have high cash flow and offer [...]
The US Dollar has been set to end this week by its risk appetite and the U.S. market is moving in its path of shifting to the Federal Reserve meeting. The Labor Department said on yesterday that the total number of initial claims for unemployment insurance for the week ended July 17 was 419,000, higher [...]
GBP/USD picks up bids from the last 6 months low on the US dollar pullback. The Sterling bulls have been appeared ahead of the European Central Bank (ECB) meeting. The European Union (EU) has rejected a 28-page paper to change the UK's Northern Ireland (NI) protocol request. The British government said on yesterday that post-Brexit [...]
