Can the Bank of Canada pull off a ‘cautious’ tapering?
· Bank of Canada likely to scale down its vast QE program today [...]
Trading news
Sterling rises 1% before the referendum
Sterling escalated, late Friday, versus its counterpart the U.S. dollar, around 1%, amid the fears and anxiety, some days before the British referendum where the citizens will vote whether their nation should remain to be a member of the EU, or not.
The British pound reached the 1.4352 zone, against the U.S. dollar, ending 1.09% higher, while the GBP/JPY climbed to 149.51, a rise of 0.95%. Britain's currency also gained against the euro with the EUR/GBP decelerating to 0.7852, 0.65% lower.
Sterling rises following Jo Cox murder
The Brexit referendum campaigns were suspended last Thursday, following Jo Cox murder, who she was a supporter, and a Labour Party member, of the EU membership.
Read More
Monday, 20 Jun, 2016 / 8:19
Trading news
JOHNSON & JOHNSON SHARES SPIKE ON EARNINGS BEAT
The company’s quarterly results come at a time when the distribution of [...]
Intraday Market Analysis – Recovery Momentum
EURUSD breaks above key resistance eurusd The euro recoups last month’s [...]
