Previous close | 0.9054 |
Open | 0.9054 |
Bid | 0.9087 |
Day's range | 0.9033 - 0.9092 |
52-week range | 0.8820 - 1.0147 |
Ask | 0.9091 |
Artificial Intelligence (AI) has been a hot topic in the world of trading for decades. Will AI ever be able to outperform humans in making potentially profitable decisions?
The debate over the debt ceiling in Washington continues to wear on as the supposed default deadline, or ‘x-date,’ inches closer each day.
This article evaluates the possible continuing impact of the data on expectations for monetary policy and two key charts of the week, USDCAD and USDCHF
It’s all happening for investors and traders this week, with a plethora of significant news releases out around the world.
Although the pound has quickly recovered from its record lows, trading back above $1.2000, it will need to hold above this level to gain investor confidence going into the new year.
Bitcoin ended a dismal September holding over $19K, but will it assume its long-promised role as a safe haven as macroeconomic storm clouds gather over Credit Suisse?
The U.S. dollar edged lower in early European trade Tuesday, moving close to a one-week low, as traders eased expectations that the U.S. Federal Reserve will hike by a full percentage point this month. The dollar has been gradually retreating from its multi-year high as expectations of a super-sized tightening by the Fed at the end of July have been reined in, especially after two of the most hawkish FOMC members – James Bullard and Chris Waller – said that their base case was still a 75 basis point move. “We doubt that between now and the 27 July FOMC meeting, markets will seriously reconsider a 100bp increase; first, because the Committee has entered its blackout period, and there are therefore no speakers until next week and second, because the U.S .data flow is set to be mostly second-tier this week,” said analysts at ING, in a note.