News

11 Oct
MatchPlace is in Lisbon, Portugal

Portugal Inflation Accelerates In September

Portugal’s consumer price inflation accelerated in September after slowing in the previous month, data from Statistics Portugal showed on Thursday. The consumer price index rose 1.4 percent year-on-year following a 1.2 percent increase in August. Inflation was 1.5 percent in July. Core inflation, which excludes energy and fresh food, climbed to 0.9 percent from 0.6 […]

11 Oct

Euro Mixed Ahead Of ECB Minutes

At 7:30 am ET Thursday, the European Central Bank releases the account of the monetary policy meeting of the Governing Council held in Frankfurt on September 12-13. Ahead of the release, the euro traded mixed against its major rivals. While the euro held steady against the franc, the greenback and the pound, it rose against […]

02 Oct

Pound Slides As U.K. Construction Sector Growth Falls To 6-Month Low

The pound declined against its major counterparts in the European session on Tuesday, as UK construction sector unexpectedly grew at the weakest pace in six months in September. Survey data from IHS Markit showed that the UK construction purchasing managers’ index fell to 52.1 from 52.9 in August. In contrast, economists had expected the index […]

22 Aug

Dollar Falls Amid U.S. Political Worries

The U.S. dollar drifted lower against its most major opponents in the European session on Wednesday, as a guilty plea from Trump’s former personal lawyer, Michael Cohen, and the conviction of the president’s former campaign chairman Paul Manafort triggered uncertainty over his leadership. Cohen pleaded guilty to campaign finance violations and other charges, and Paul […]

21 Aug

Dollar Trading Mixed Ahead Of Fed Minutes

The dollar is turning in a mixed performance against its major rivals Tuesday afternoon. The buck is losing ground against the Euro and the British pound, but is rising against the Japanese Yen. Traders are looking forward to the release of the minutes of the most recent policy meeting of the Federal Reserve Wednesday afternoon. […]

10 Aug

Turkish Lira Slides To Record Low Against U.S. Dollar

The Turkish Lira dropped against the U.S. dollar in the early European session on Thursday, amid escalating tensions between the US and Turkey. The Lira fell to an all-time low of 6.0792 against the greenback, from Thursday’s closing value of 5.5451. The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex

10 Aug

Pound Falls Ahead Of U.K. GDP Data

At 4.30 am ET Friday, the Office for National Statistics publishes UK GDP data for the second quarter as well as industrial and construction output and foreign trade figures for June. Ahead of these reports, the pound dropped against its major rivals. The pound was worth 141.39 against the yen, 1.2692 against the franc, 1.2756 […]

25 Jul

Pound Slides Against Majors

The pound dropped against its major counterparts in early European deals on Wednesday. The pound slipped to 0.8897 against the euro and 1.3036 against the franc, from its early weekly highs of 0.8878 and 1.3076, respectively. The U.K. currency retreated to 1.3140 against the greenback and 146.11 against the yen, reversing from its early 8-day […]