Tag: ECB

Market Analysis: 9 March, 2017

by Christala Parmaxi, CFTe Overview As we mentioned earlier, the US Dollar extended its gains against the majors due to the surprisingly good figure of the private jobs added in the US; ADP Nonfarm Employment Change revealed that 298K new jobs were added in February. The US Dollar keeps on rising the most against the commodity currencies at around 0.86% against the Australian Dollar, 0.61% against the New Zealand Dollar and 0.55% against the Canadian Dollar; we always keep in mind that trade-based economies ideally prefer a weak exchange rate. Today’s most......

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