Tag «Market»

History of the European Union

History of the European Union

The story begins at the end of WWII, as the European continent lies devastated, leaving the United States and the USSR as the two major world powers. Their growing rivalry marks the beginning of the Cold War. While the Soviets control Eastern Europe, the West looks to the US for reconstruction aid. While the old …

11.12.2019: USD fails to rally (USD/JPY, AUD/USD)

11.12.2019: USD fails to rally (USD/JPY, AUD/USD)

Today’s Asian session was unfolding briskly. Meanwhile, traders are awaiting crucial economic reports from the US such as inflation data as well as the Fed’s decision on the interest rate and its outlook for the monetary policy. After falling to 97.51 at the beginning of the trading week, the US dollar index inched up in …