Expected economic data in the currency market During this week, many important economic events and data will be issued, which will have an impact on the trading of a number of currencies, most notably the Australian dollar, the US dollar, the euro, and the sterling. The most important events are as follows: British labor market … Read more
Currencies The Canadian dollar led the losses in the foreign exchange market, in terms of trading on Tuesday, followed by the New Zealand dollar, recording losses in second place, and then followed by its commodity counterpart, the Australian dollar, which recorded losses in third place, while the Swiss franc suffered the least losses on the … Read more
US dollar and Australian dollar The AUDUSD pair fell strongly during today’s trading, Tuesday, and recorded its lowest level in 10 months, near 0.6360 points, after the Australian dollar witnessed a strong sale after the Australian Reserve’s decision to keep interest rates unchanged. The Monetary Policy Committee of the Reserve Bank of Australia decided on … Read more