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Exchange4free Global Forex Report (24/05/2017)

Exchange4free Global Forex Report (24/05/2017)
USD Tuesday saw the release of US services PMI increasing to a four-month high of 54 points in May from 53.1 points in April; coming in above the expectation of 53.1 points. The above is attributed to growth in new business and recovering job creati...
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Exchange4free Global Forex Report (10/05/2017)

Exchange4free Global Forex Report (10/05/2017)
USD At the beginning of the week (Monday and Tuesday), we saw the US dollar strengthen; the strength of the greenback was clearly seen against the haven currencies of CHF, JPY, EUR and AUD. This was before US President Donald Trump abruptly fired FB...
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Exchange4free Global Forex Report (26/04/2017)

Exchange4free Global Forex Report (26/04/2017)
USD This week will be filled with interesting news out of US markets; beginning with President Trump’s tax announcement later today and a potential US government shut-down, should a budget not be passed by midnight on Friday. Trump’s premise of fis...
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Exchange4free Global Forex Report (19/04/2017)

Exchange4free Global Forex Report (19/04/2017)
USD The USD devalued against the majority of its peers on Tuesday, on the back of the surprise election call by UK prime minister Theresa May. A small portion of the losses were recovered this morning, as we saw the USD bounce back from the levels s...
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Exchange4free Global Forex Report (04/04/2017)

Exchange4free Global Forex Report (04/04/2017)
USD The US Dollar strengthens after the (better than expected) Automatic Data Processing Inc. payrolls data came out. In March we saw strong jobs growth as well as non farm payrolls increasing by 263k jobs (from February to March) according to the la...
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Exchange4free Global Forex Report (30/03/2017)

Exchange4free Global Forex Report (30/03/2017)
USD The USD rose to its highest level in over a week on Wednesday, as investors felt that the sell-off related to president Trump’s healthcare reform plans was overdone. The dollar also got a boost from Chicago Fed. President Charles Evans, known fo...
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