UK GDP Stays Flat in the Second Quarter
The United Kingdom economy begins to show signs of weakness as the latest GDP figures remained unchanged at 0.3% MoM and 1.7% YoY in the second quarter. Forex market activity…
Forex News
Softening Growth Erodes the Canadian Dollar
The Canadian dollar tumbled in the forex market, early in the week, and yields declined after the shift to a trade deficit in February, which supported Governor Poloz’s cautious view…
The ECB Delivers a Thoughtful Dovish Stimulus Package
Online trading of the currency markets experienced a surprise on Thursday as the ECB delivered a thoughtful decision that set the stage for tapering of bond purchases while delivering a…