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The latest Messages 13
2021-01-25 12:47:26
The Analytical Overview of the Main Currency Pairs on 2021.01.25On Friday, the dollar index has slightly increased, although this didn’t save it from closing the week in the red. The main events of the day were the PMI data from IHS Markit, which came out disappointing for the British economy and positive for the US. In the UK, the service sector – the most important for Foggy Albion – fell sharply to 38.8. In the US, on the contrary, growth accelerated in both manufacturing and services. The final results for all countries point to the US as the leader in economic recovery during the ongoing pandemic.
2.2K views09:47
2021-01-22 15:02:09
The Analytical Overview of the Main Currency Pairs on 2021.01.22On Thursday, the dollar index continued to fall behind, as traders positively reacted to the statements of the President of the European Central Bank Christine Lagarde. Germany’s Bond Yield jumped to -0.486% in response to a possible decline in future purchases intraday. As a result, the yield spread between German and American securities increased, and the euro closed the day above the highs of the previous day. Today the market will focus on the preliminary PMI data for the manufacturing sector of the Eurozone and the service sector in the UK.
2.8K views12:02
2021-01-21 17:24:31
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2.6K views14:24
2021-01-21 16:14:42
The Analytical Overview of the Main Currency Pairs on 2021.01.21On Wednesday, the dollar index closed in the red and continued to fall amid the rising stock market and expectations of additional cash infusion into the US economy in the Asian session on Thursday. The leaders of growth against the dollar among the G10 currencies were the British pound and the Canadian dollar. The Canadian currency was positively influenced by the results of the meeting of the Bank of Canada, which left the monetary policy unchanged. In Britain, a plan on rescuing the economy during the pandemic together with the preservation of workplaces for the coming months is being discussed.
2.2K views13:14
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