Fx Primus Rebates

ForexLive Asia FX news wrap: Yen climbs back

Forex and Bitcoin news for Asia trading Tuesday 26 June 2018 USD/JPY popped in the US afternoon on comments from Navarro (see the US wrap) and spent the early part of Asia, pre-Tokyo and then into the Asian morning proper, retracing that move. Asian stock markets fell through the morning also but have trimmed their…

Fx Primus Rebates

Sluggish German data not enough to deter euro bulls

EUR/USD trades up to a high of 1.1671 after the release of the German Ifo data The data release wasn’t too encouraging as the business climate index fell for the sixth time in seven months. Current conditions index fell again and future expectations held steady following prior month’s revision. It wasn’t a good report by

Fx Primus Rebates

Ifo economist says economic boom in Germany is over

Comments by Ifo’s economist, Klaus Wohlrabe, following the report earlier It sure took a while for them to admit it, but in the end they have to face the music. Domestic demand remains solid for the German economy, but trade/exports remain a real thorn in the side so far this year and the ongoing trade…