USD/CAD moves lower for the third day in a row on Tuesday amid widespread dollar weakness. A good rally in equity markets triggers some profit taking around the safe haven USD. The recent rally in crude oil prices benefits the CAD and also weighs on the pair. The pair USD/CAD remains on the defensive during […]
EUR/USD rises to three-day highs and approaches 1.0500
The EUR/USD has staged a strong recovery move since the Asian session, gaining over 60 pips as it moved from an intraday low around 1.0430 to a three-day high at 1.0492. The pair is benefiting from a best sentiment on the market, also favored by hopes of a rate hike by the European Central Bank […]
Forex Today: Dollar Extends Correction Ahead of Key US Data and Powell Speech
This is what you need to know to trade today tuesday may 17: The dollar weakened modestly against its rivals on Monday and the US dollar index closed the second consecutive day in negative territory. The greenback remains on the defensive on Tuesday amid improving market sentiment. Throughout the day, traders will closely monitor the […]
UK: ILO unemployment rate surprises positively with drop to 3.7% in March
The UK jobless claims fell by 56,900 in April, improving on the estimated decline of 38,800. In March, the indicator fell by 46,900. The reduction in unemployment requests is extended to fourteen consecutive months. The ILO unemployment rate in the three months from January to March has fallen one tenth, from 3.8% in February to […]
GBP/USD is now facing strong resistance at 1.2400 – UOB
According to Lee Sue Ann and Quek Ser Leang, forex strategists at UOB Group, GBP/USD’s bullish momentum should hit a tough snag around 1.2400 in the short term. 24 hour outlook: “GBP rose yesterday to a high of 1.2329 before closing firmly at 1.2321, up 0.51%. upside pressure is starting to build and the pound […]
EUR/USD: Bets down on a break of 1.0340 – UOB
Lee Sue Ann and Quek Ser Leang, forex strategists at UOB Group, noted that the probability that the EUR/USD break below 1.0340 seems to have run out of steam. 24 hour outlook: “The euro traded between 1.0387 and 1.0442 before settling at 1.0431 (+0.19%). upside pressure seems to be building and the dollar may rise […]
Enrique Bunbury says goodbye to the stage and cancels his farewell tour
In February of this year, after his concert in Guadalajara, the Spanish singer Enrique Bunbury announced that due to health problems, he was already having a hard time singing, so he decided to make one last farewell tour of the United States and Spain. However, suddenly, a couple of days ago it was announced that […]
These are the first images of Rafael Amaya on his return to the “Lord of the heavens” cover
After a long time away from his career as an artist due to addiction, last February, Telemundo not only confirmed a new installment of the successful series The Lord of the heavensbut also ensured the return of Rafael Amaya in his role as Aurelio Casillas. Despite the fact that the emblematic character that the actor […]
McDonald’s announces its official exit from Russia due to invasion of Ukraine
After temporarily closing more than 800 restaurants following the invasion of Ukraine last March, McDonald’s decided to leave Russia entirely. Through a release In a press release, the American fast food giant reported on Monday that the sale process has begun. McDonald’s market in Russia includes 850 restaurants that it will begin to “disarm,” stripping […]
Experts explain the origin of a “door” on Mars captured by NASA
On May 7, NASA’s Mars Curiosity Rover, a vehicle that has been exploring the surface of Mars for the past ten years, caught some photographs that show what appears to be a “door” perfectly carved into the rocky surface of the red planet. After these images were released, the Internet exploded due to the discovery […]