Alright hear me out and my slightly retarded understanding of economics and foreign currency! So brexit is happening October 31st for the most part under the UK's orange man. Well the UK is going to be discouraged from banking/financial services with europe (one of its largest sectors) due to the fact that all trade needs to be renegotiated causing a slow down in production for the UK. The EU on the other hand is losing its biggest welfare donor and slow down in production as well since countries relying on England's aid will have a crisis of their own. This means that inflation will grow and the US dollar will get stronger. So now your probably wondering what all this dumb jargon is you alcoholic piece of shit? Answer: Short the Euro and Pound its basically free liquor coupons.
FOREX-Euro eases towards $1.12 as investors await central bank moves
LONDON, July 22- Foreign exchange markets paused on Monday as investors wait to see by how much and how fast policymakers might ease policy, beginning with the European Central Bank on Thursday. The euro edged down towards $1.12 as the dollar gained the upper hand, thanks mostly to safe-haven demand amid rising tensions in the Middle East. The Swiss franc hit a new... * More Details Here
FOREX-Euro near $1.12 as investors wait for central bank meetings
LONDON, July 22- Foreign-exchange markets started the week waiting to see how much and how fast policymakers might ease policy, beginning with the European Central Bank on Thursday. The euro weakened to $1.12 in Asian trading as the dollar gained on safe-haven demand amid rising tensions in the Middle East. Pricing for a 50- basis-point Fed cut soared last week... * More Details Here
FOREX-Euro slides to two-month low on bleak euro zone data; dollar index flat
*Sterling rises as Boris Johnson appointed UK prime minister. *Johnson vows to lead Britain out of EU on Oct. 31. NEW YORK, July 24- The euro fell to a two-month low against the dollar on Wednesday, weighed down by weak economic data that bolstered expectations that the European Central Bank could undertake aggressive monetary policy easing as soon as this week. * More Details Here
FOREX-Euro remains stuck near two-month low as bears await dovish ECB
TOKYO, July 25- The euro was mired near a two-month low on Thursday before a European Central Bank meeting that could signal monetary easing as growth in the currency zone falters. Investor focus in Asia remained predominantly on global central bank and political developments, particularly in Europe and the United States. Sterling held onto gains it made after... * More Details Here
FOREX-Euro stuck near two-month low as markets brace for dovish ECB
TOKYO, July 25- The euro was mired near a two-month low on Thursday ahead of a European Central Bank meeting that could signal monetary easing as growth in the currency zone falters. However, investor focus in Asia remains predominantly on global central bank and political developments, particularly in Europe and the United States. Sterling held onto gains it... * More Details Here
FOREX-Euro weakens as investors raise bets on imminent ECB rate cut
LONDON, July 19- The euro fell against a rebounding U.S. dollar on Friday, as investors ramped up bets for a European Central Bank interest rate cut as early as next week. Rabobank analyst Jane Foley said ECB President Mario Draghi had surprised the market with dovish comments twice already in 2019, although her bank's base case was still for a September cut. * More Details Here
LONDON, July 30- The euro hovered on Tuesday around the 26- month low it reached last week against the dollar as investors awaited to see whether the Federal Reserve would signal the start of an interest rate-cutting cycle. Analysts from Bank of America Merrill Lynch expect the Fed to guide on Wednesday towards more "insurance cuts" in the coming meetings, which... * More Details Here
FOREX-Euro stuck against dollar; Aussie gets Chinese boost
LONDON, July 15- The euro rose on Monday but remained within its recent trading range against the dollar before central bank meetings later this month. Investors expect the Federal Reserve to cut interest rates at the end of this month and the European Central Bank to follow with more easing in 2019.. The euro was up 0.08% at $1.1282, still within the recent range of... * More Details Here
FOREX-Euro weakens as dollar holds ground despite Fed rate cut bets
*New Zealand dollar gets inflation boost. LONDON, July 16- The euro fell on Tuesday as investors waited for a sentiment reading of Germany's economy, although the prospect of more central bank easing starting with the Federal Reserve later this month kept currency moves limited. The single currency stood at $1.1251 in early London trading, down slightly on the... * More Details Here
FOREX-Euro slides to 3-week low as Fed rate repricing buoys dollar
LONDON, July 9- The euro dipped below $1.12 to a three-week low against a stronger dollar on Tuesday as investors re-assessed their expectations of how much the Federal Reserve may cut interest rates by this month. The nomination of IMF Chairwoman Christine Lagarde as the new head of the European Central Bank added to market participants' worries that the ECB... * More Details Here
FOREX-Euro slides to 3-week low as dollar jumps on Fed rate repricing
LONDON, July 9- The euro dropped to a three-week low against a broadly stronger dollar on Tuesday as investors re-assessed their expectations of how much the Federal Reserve may cut interest rates this month. Following a stronger than expected non-farm payrolls report on Friday, traders are questioning "the excessive dovish hopes" they had for a Federal... * More Details Here
FOREX-Euro at 1-week lows as expectations of more policy easing grows
Analysts say it is unlikely it will recover in the short-term before a European Central Bank meeting next week where policymakers might unveil plans for fresh monetary stimulus. The common currency was steady at $1.1212 but it dropped earlier to $1.1200, the lowest since July 9. As the European Central Bank meeting on July 25 approaches, the euro is likely to... * More Details Here
Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.00% 🇳🇿NZD: -0.02% 🇯🇵JPY: -0.15% 🇨🇭CHF: -0.23% 🇦🇺AUD ... This forex chart for Euro / US Dollar (EURUSD) is updated continuously during market hours. The EURUSD currency charts are available in bar chart and candlestick chart formats to help highlight price trends and price movement. Technical analysts will want check out the technical indicators and studies under the options menu. Advanced live charts for forex trading are free and easy-to-use at ForexLive. These real-time charting packages let you apply technical analysis to hundreds of FX pairs. Interesting facts. EUR/USD is one of the most traded currency pairs in the world. It represents the value of the US dollar per one euro. The euro is a relativity new currency when compared with the other majors, it was established by the provisions in the 1992 Maastricht Treaty and is managed by the European Central Bank (ECB) and the Eurosystem (comprised of the central banks of the eurozone). About Forex Rate. At Forex Rate our aim is to provide as much free forex trading information as possible. Our pages are geared towards active currency daytraders and include our real-time foreign exchange rates, live Forex charts, live Forex quotes for most currency cross pairs,daily currency trading news and forex forecasts with our free RSS news feed.
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