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Daily FX Analysis – GBP/USD drops, EUR/USD navigates, NZD/USD strengthens, USD/CHF soars.
Introduction
GBP/USD faces pressure, dropping towards 1.2650 after disappointing UK Retail Sales data. The pair grapples with a resurgent US Dollar and cautious market sentiment, awaiting crucial US data...
Asian stocks were mostly up on Friday morning, tracking U.S. markets and the news that Democrats and Republicans were continuing to try and iron out a COVID-19 stimulus deal. China’s markets also came back on stream after the Golden Week national holidays.
The Tokyo market’s index Nikkei 225...
Political Uncertainty Plaguing South Africa – Is There A Profitable Trade In The Rand’s Freefall?
The South African Rand had a wonderful first seven months this year when the currency strengthened more than 10 percent against the U.S dollar thanks to a diversified economy with expanding...
Boosted By Banking Stocks, FTSE100 Index Pushes Higher After Holiday
FTSE100 index reopened after closing for holiday on Monday, and left a wide gap up following two weeks of declines.
Stocks from banking sector led gainers, with HSBC Holdings climbing 2.1%, Lloyd Banking Group PLCs adding...
Ignoring Quarterly Falling Profit, Investors Look For Potential Growth In Tata Motors’ New Models
Tata Motors Ltd. reported Friday that its quarterly net profit dropped by 57% to 22.36 billion rupees ($333.7 million), from 52.31 billion rupees in the same period last year, due to weaker earnings...
Ignoring Quarterly Falling Profit, Investors Look For Potential Growth In Tata Motors’ New Models
Tata Motors Ltd. reported Friday that its quarterly net profit dropped by 57% to 22.36 billion rupees ($333.7 million), from 52.31 billion rupees in the same period last year, due to weaker earnings...
Ignoring Quarterly Falling Profit, Investors Look For Potential Growth In Tata Motors’ New Models
Tata Motors Ltd. reported Friday that its quarterly net profit dropped by 57% to 22.36 billion rupees ($333.7 million), from 52.31 billion rupees in the same period last year, due to weaker earnings...
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The U.S dollar held on to its strength against most of its peers on Monday, as the monetary divergence between the U.S and other parts of the world has been reinforced by comments from central bank officials, after the annual economic policy symposium in Jackson Hole, Wyoming.
However, it was...
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