Category «Uncategorized»

BBH current comments on the euro

BBH analysts note that the euro is moving down after it closed last week just below $ 1.19 and tested $ 1.1730 on the European morning. “It’s about a three-week low. Some pressure comes from the cross of the euro against the pound sterling, where the single currency was sold at a break below GBP0.800, …

Developing markets gave slack

In recent days, the shares of emerging markets have reversed, changing course and losing points, although earlier vigorous growth has turned some of these assets into the most profitable objects for investment this year. ETF iShares MSCI Emerging Market (ticker EEM) sank 5.5% compared to November 22, when the fund completed trades at the best …

UOB predicts the preservation of the euro range

FX strategies in the UOB remain neutral with respect to the euro / dollar pair and believe that in the near future it can test the area of ​​1.1700. “While the EUR was weakening, as expected, the decline did not have enough momentum for the 1.1700 support test (the lowest level was found at 1.1720). …

Knowing Some of The Best Forex Tips For Beginners

Forex trading involves investment activities undertaken to profit from trade or exchange of global currencies. To put it simply, Forex Trading is very much similar to buying commodities with money. The only difference between a traditional market and a currency market is the absence of commodities. Currencies are bought in exchange of other currencies. The …

Dollar rate declined because of political events

The dollar fell to a one-week low against the yen as US bond yields fell below 2.4%. Concerns that the corporate tax incentives proposed by President Donald Trump can be introduced gradually, sent the yield of the 10-year Treasury debt securities below 2.40%. According to sources of the Bloomberg agency, some members of the budget …