The Wall Street Journal reported on Thursday that the European Central Bank is likely to signal in September that its bond-buying program will be gradually terminated on 2018…
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The Federal Reserve Chair Yellen’s testimony knocked down the US dollar…
The Bank of Japan’s policymakers have repeatedly said that they will not reduce the radical stimulus program until inflation levels move higher…
The Reserve Bank of Australia left its benchmark rate unchanged at its last meeting…
An additional drag on the yen came on Friday as the Bank of Japan increased its bond purchases to keep 10-year yields at around zero percent level…
The US dollar index retraced up 50% of the decline it made in the last week of June…
The British pound fell against the US dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…
The minutes of the European Central Bank’s meeting showed on Thursday that policymakers are open to a further step towards reducing their monetary stimulus but are likely to move slowly out of fear of causing market turmoil…
This week, traders will be focused on the Bank of Canada’s monetary policy meeting on Wednesday, June 12…
A Fibonacci retracement is a popular tool among Forex traders…
The US dollar fell to 9-month low versus a basket of currencies…
The US dollar performed better against the Japanese yen than it did versus the other major currencies…