The British pound ceded further ground to the buck Thursday, extending Wednesday’s precipitous 1.14% decline amid ongoing Brexit uncertainties and USD strength.
Category: Featured
Thursday 26th September: G10 pairs succumb as dollar reigns and tests 99.00+.
The US dollar index rebounded with a vengeance yesterday, enthused by comments from Fed-voter Evans, who took a somewhat more neutral stance as he noted the US economy is ‘quite solid and is posting good growth’.
Hong Kong National Day & Unification Day Holiday Schedule
Please find our updated Trading schedule for the Hong Kong National Day and Unification Day starting from 30th of September 2019. Times mentioned below are Platform time (GMT +3).
Wednesday 25th September: Formal Trump impeachment inquiry bolsters haven currencies.
EUR/USD bulls went on the offensive Tuesday, consequently snapping a two-day losing streak and adding more than 25 points, or 0.24%. Sentiment among German executives improved slightly, according to the Institute for Economic Research.
Tuesday 24th September: Dollar marginally higher ahead of consumer confidence data.
In the early hours of London Monday, Europe’s single currency experienced a sharp change in mood versus the buck, dropping on the back of disappointing Eurozone flash metrics across the board.