Dollar on the Rise

Waiting for the appointment of a new head of the Federal Reserve supported the dollar.

Economic News
25 thg 10, 2017
Dollar on the Rise

Today there will be a number of macroeconomic indicators, both from the eurozone, from Britain, and from the United States. In Canada, in addition to the publication of the report on monetary policy, there will be a speech by the Bank of Canada's governor Stephen Poloz. The Canadian dollar is currently approaching a 2-month low against the reserve currency. Analysts predict that the Bank of Canada will raise interest rates this year, however, they are inclined to believe that this will happen only in December.

Support for the dollar was also brought by a good performance of activity in the manufacturing sector and the service sector, which showed a stronger increase than expected. Furthermore, most of the senators during a business lunch supported the candidacy of Stanford University economist John Taylor to the post of head of the Federal Reserve. This candidate is considered a supporter of tighter monetary policy.

You can get more news and analysis here.

SuperForex
OIl on the Rise

Economic News

OIl on the Rise

The price of crude oil continues to increase in light of recent events.

SuperForex
24 thg 10, 2017
Market Review

Economic News

Market Review

The dollar moved away from its peak.

SuperForex
24 thg 10, 2017
Most Important Events This Week

Economic News

Most Important Events This Week

To prepare your trades for this week, pay attention to this kind of important news happening this week.

SuperForex
23 thg 10, 2017