The British pound today reversed its losses against the US dollar and rallied higher from the early European session following the release of positive UK housing data. The GBP/USD currency pair extended its rally into the mid-European session despite the release of disappointing UK Manufacturing …
Category: News
British Pound Reverses Losses and Rallies on Positive Housing Data
The British pound today reversed its losses against the US dollar and rallied higher from the early European session following the release of positive UK housing data. The GBP/USD currency pair extended its rally into the mid-European session despite the release of disappointing UK Manufacturing …
Canadian Dollar Reverses Losses After GDP Beats Expectations
Canadian Dollar Reverses Losses After GDP Beats Expectations
Turkish Lira Declines After Central Bank Upgrades Inflation Forecast
The Turkish lira fell today after Turkey’s central bank revised its inflation forecast up. The currency declined even as the bank signaled about possibility of an interest rate hike. The Central Bank of the Republic of Turkey released the Summary of the Monetary Policy Committee Meeting for the last week’s …
Turkish Lira Declines After Central Bank Upgrades Inflation Forecast
The Turkish lira fell today after Turkey’s central bank revised its inflation forecast up. The currency declined even as the bank signaled about possibility of an interest rate hike. The Central Bank of the Republic of Turkey released the Summary of the Monetary Policy Committee Meeting for the last week’s …
Euro Rallies Higher on Mixed Eurozone Data and Weak US PCE Data
The euro today rallied higher against the US dollar from the late Asian session into the early European session following positive releases from across the Eurozone. Releases from the US docket in the early American session triggered a slight pullback in the EUR/USD currency pair. The EUR/USD …
Euro Rallies Higher on Mixed Eurozone Data and Weak US PCE Data
The euro today rallied higher against the US dollar from the late Asian session into the early European session following positive releases from across the Eurozone. Releases from the US docket in the early American session triggered a slight pullback in the EUR/USD currency pair. The EUR/USD …