Author: Irit Rutenberg

By ForexMansion.com   The EUR/GBP fell hard today, showing it isn’t ready to breakout above the 0.89 mark yet. This leads us to believe that more consolidation is in the future, and we could be hanging about this area...

By ForexMansion.com   The AUD/NZD pair witnessed a significant increase during last week and reached its highest level in 4 weeks, as AUD recorded its highest level ever against the greenback, beside the strong gains...

By ForexMansion.com   Asian currencies grabbed global investors’ attention due to the important data released from major economies in the Asian Pacific. The Australian dollar is the best performer among Asia...

By ForexMansion.com   The Australian dollar continues its upside movement versus major currencies, where it strengthened to a new multi decades high versus the greenback, after the RBA Governor hinted that the...

By ForexMansion.com   The main focus will be on manufacturing data as at 14:00 GMT the US will release ISM manufacturing for April, as forecasts refer to a drop in the index to 59.6 from the prior 61.2, while the UK...

By ForexMansion.com   The GBP/USD advanced last week to record the second weekly advance and a rebound in April after dropping in March after the improvement progress in UK growth data which showed that the British...

By ForexMansion.com   The New Zealand currency started its recovery after the trade surplus widened during the month of March, due to the nation’s exports of milk powder soared to a record, along with the...

By ForexMansion.com   The NZ dollar weakened last week after the Reserve Bank of New Zealand kept interest rates steady at a record low 2.50%, because of the Bank aims to revive the economy from the January and...

By ForexMansion.com   The volatility for the EUR/USD remains high with investors focused with the start of this new week on the ECB after the Feds pledged to maintain their loose monetary policy. As it is the case...

By ForexMansion.com   The EUR/USD continued to fluctuate heavily and yet again ended with a strong weekly gain for the second consecutive week on interest rate bets. Last week, the euro gained further momentum with...