Dec 6, 20171 min read

Stronger US Dollar After Positive US Employment Data

Trade Magnates - US dollar continued its strength against major currencies on Wednesday after the release of US employment data that the US

Nov 7, 20171 min read

The US Dollar Moved Higher While EUR Declined to its 3-Months Low Ahead of ECB Speech

Trade Magnates - The US dollar moved higher against other major currencies on Tuesday. The EUR/USD pair extended its overnight consolidative

Oct 25, 20171 min read

The Pound Rose After UK GDP Grew Again in Q3

Trade Magnates - The pound rose on Wednesday after UK GDP grew again in Q3 rising 0.4% quarter on quarter against the prior quarter’s...

Oct 24, 20171 min read

USD Reaches Near Two-Week Highs Against Major Currencies

The dollar was trading near two-week highs against the other major currencies on Tuesday as speculation over who will be the next the...

Oct 19, 20171 min read

Weaker Pound Against USD and EUR - Adding Pressure on BoE to Trigger a Rate Hike

Trade Magnates -The Sterling is depreciating against the U.S. Dollar and the EUR, with the GBP/USD at 1.3130 and EUR/GBP at .8970 on...

Oct 17, 20171 min read

Higher British Pound After UK Inflation Increase

Trade Magnates -British pound rose today to 1.3287 in reaction to the UK inflation reaching its highest level in five and a half years...

Oct 13, 20171 min read

US Dollar Fall Against Major Currencies

Trade Magnates -The dollar fell against major currencies on Friday after unexpected inflation data increasing the chances of a December...

Oct 12, 20171 min read

GBP Depreciated Against USD & EUR - Brexit Talks In Pause

Trade Magnates -British Prime Minister, Theresa May, has been challenged if a deal with the eurozone can be negotiated following Brexit....

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