The following post was written by Thomas Hall. In October, the Federal Reserve cut interest rates for the third time in 2019, with the intention of maintaining the US' longest period of economic growth ahead of the 2020 presidential election. For the incumbent President, those cuts still aren’t enough. Trump has regularly pressured the Fed into…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for October 10, 2019. See details below: FOREX The US dollar is showing weakness during early Thursday trading, as reports emerged hinting at the possibility of a partial trade deal between the US and China, including a currency pact between the two…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 21, 2019. See details below: FOREX The US Dollar remains pretty much where it started at the beginning of the week, with the Dollar Index, which measures the performance of the greenback against a basket of other major currencies, hovering…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 7, 2019. See details below: FOREX The Yuan is recovering some of the ground lost earlier in the week against the Dollar, with both the onshore and offshore currencies up on the day by around 0.3%. This occurs as a…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 5, 2019. See details below: FOREX The Yuan devalued over 1% against the US Dollar during early Monday trading, the sharpest drop for the Chinese currency, since the 2008 financial crisis, with one Dollar now worth more than 7 Yuan.…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 2, 2019. See details below: FOREX The US Dollar is down against other major currencies in Friday’s morning trading, as the markets digest the latest move by President Trump, who yesterday tweeted about his intention to raise additional tariffs on…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 1, 2019. See details below: FOREX The US Dollar recorded gains, following yesterday’s announcement of a 25 basis point rate cut by the Fed. It Is counterintuitive that a rate cut is followed by a strengthening of the currency, but…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 12, 2019. See details below: FOREX The US Dollar continues to record losses against other major currencies, as the momentum started earlier in the week keeps the greenback under selling pressure. Following much better than expected US employment figures, the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 11, 2019. See details below: FOREX The US Dollar is under pressure, following Jerome Powell’s testimony to the congress, which started yesterday. The Chairman of the Fed said, in a pre-written statement, that there are challenges to the growth of…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for July 1, 2019. See details below: FOREX The US Dollar rose against other currencies, most noticeably the safe havens Yen and Swiss Franc, during early Monday trading. The good news that, at least for now, there’ll be a truce in the…
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