Euro to Remain Bearish after French Elections & ECB’s Dovish Stance

The Euro Zone has temporarily turned into a risky place for investment after the rise of anti-EU leader Marine Le Pen. This, in turn, has weakened the Euro against New Zealand Dollar which is a commodity currency. The currency pair

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India Pushing Towards Digital Payment after Cash Shortage

After the demonetization of Rs 500 and Rs 1000 notes and circular of new Rs 500 and Rs 2000 notes as announced by India’s Prime Minister Narendra Modi, a large number of ATMs have started suffering from an acute cash

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Canadian Dollar to Strengthen on Recovery in Crude Price

There is a substantial decrease in the price of crude oil and it has a very bad impact on the Canadian Dollar over the past two weeks. On the contrary, there are increased demands for safe-haven currencies like for instance

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Turkey To Restrict Access To Offshore Forex Trading Sites

Turkey is in the news lately for its attempted campaigns at kerbing the Foreign Exchange trading done by small investors on a large scale. The government has recently released a report in which it is stated that the citizens of

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Prospects of rise in met coal price turns Aussie bullish

On 21st March 2017, the RBA minutes were released that points towards an increased risk in the housing market as a consequence of drop of the Australian Dollar against Yen. In addition to this, the US Republicans failed to repeal

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Deutsche Forecasts Further Drop In Pound Due To Brexit

Deutsche Bank which is a leading financial institution in the banking sector has predicted that British Pound is likely to hit parity with currencies like Euro and US Dollars because of Brexit. The bank in a special report on Brexit

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