The cable pair is showing positive moment today ahead of foreign investment, this will create 30000 jobs in and around UK. Boris Johnson announces $ 10 billion in foreign investment as he rolls the red carpet for business leaders and he welcomes nearly 200 business leaders to the London summit. Microsoft co-founder Bill Gates attends [...]
The euro pair remains under pressure today. Today Greenback shows strong progress amid high U.S. 10-year benchmark Treasury yields. High inflation, energy prices and bullish US retail data have made bond yields even higher. Investors are ready for the central bank's tapering in November, while the European Central Bank (ECB)'s Dovish position weighs on the [...]
Gold reversed from the yesterday highs and is trading on sideline trend today amid the economic conditions in U.S. Yesterday Gold reached the peak level since the five months and it’s the best week for Gold. Despite widespread speculation that the U.S. labor market has healed enough for the Fed to begin reducing its monthly [...]
The US dollar has made a gain from the yesterday fall off during early Asian session and changed the potential previous day’s profitable slide from the tops of many years. The reason behind the extend is the kneejerk reaction to the unexpected uptick in the US Consumer Price Index (CPI). Yesterday U.S. dollar saw truculent [...]
