December 16, 2015
The Federal Reserve is expected to raise interest Rate in the United States economy (biggest economy) later today, this will be the first rate hike in almost a decade. The decision to raise rate is on the back of a substantial economic recovery in the United Sates economy, most especially the labour market. Over the… View Article
December 14, 2015
In the early hours of the European trading session, EURUSD was a bit weak on the opening but price was holding at 1.09307 which is a good support that pushed prices back now testing 1.10 which is last week’s high. Euro seems to have gained some strength since the disappointing ECB conference some weeks… View Article
December 10, 2015
There was a massive sell off in the Equity market yesterday as global equities dropped by more than 1% across the board. This could be attributed to the weak oil price couple with interest rate hike later this month. USD was also weak after a strong rally last week to make a new high for… View Article
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