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  1. #81
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    Forex News from NewForex: Negative data on the British currency

    NewForex analysts suggest to enter today into a short position on GBP/USD. First, there is a reason to expect good data on the private consumption expenditures in the US in July. This index has a strong impact on the currency market. It will strengthen the American currency, which will decrease the dollar in its turn. Second, the credit markets give us a clear signal on the decline. The fact that the yield of the UK ten years government bonds tumbles against its counterparts in the United States.This increases the demand for the American currency. And this fact leads GBP/USD to decrease.



    NewForex Analyst

    Michael Butnitsky

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    The dollar trimmed gains but remained supported against other major currencies on Friday, after the release of positive U.S. employment data and amid mouting optimism over a major U.S. tax reform plan.

  3. #83
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    Is there any application available which will fetch the news based on my requirements website?

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