BoC Abandons Hike Bias, Riksbank’s Turn to Decide on Policy
The Canadian dollar slid yesterday, after the BoC fully abandoned its hiking [...]
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.
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Monday, 20 Jun, 2016 / 8:19
Trading news
Bank of Canada doubles down on dovishness
Summary: USDCAD soared to 1.3519 from 1.3440, despite a surge in WTI oil [...]
Gold is falling on positive economic news
Gold continues to lose ground. Its spot price has already dropped below $1270 [...]
