Fx Primus Rebates

U.S. Dollar Bounces Off Amid Risk Aversion

The U.S. dollar recovered from its early losses against its major counterparts in the early European deals on Monday amid risk aversion, as growth and trade worries kept investors nervous. Trade worries resurfaced after White House trade adviser Peter Navarro said the Trump administration would raise tariff rates on China if the two countries fail…

Fx Primus Rebates

UK Economic Growth Slows As Brexit Uncertainty Intensifies

UK economic growth slowed in the three months to October, mainly due to a fall in car sales and stagnation in manufacturing, as the uncertainty surrounding the country’s decision to leave the European Union, dubbed Brexit, intensified. Gross domestic product grew 0.4 percent in the three months to October, which was slower than the 0.6…

Fx Primus Rebates

RBI Governor Urjit Patel Steps Down After Rift With Government

The Reserve Bank of India Governor Urjit Patel resigned on Monday, citing personal reasons, and his decision comes after the central bank was embroiled in a series of conflicts with the Narendra Modi government over crucial matters including central bank independence. “On account of personal reasons, I have decided to step down from my current…

Fx Primus Rebates

RBI Governor Urjit Patel Steps Down After Rift With Government

The Reserve Bank of India Governor Urjit Patel resigned on Monday, citing personal reasons, and his decision comes after the central bank has been embroiled in a series of conflicts with the Narendra Modi government over crucial matters including central bank independence. “On account of personal reasons, I have decided to step down from my…

Fx Primus Rebates

Loonie Little Changed After Canada Building Permits

Following the release of Canada building permits for October at 8:30 am ET Monday, the loonie changed little against its major counterparts. The loonie was trading at 84.67 against the yen, 1.5214 against the euro, 1.3332 against the greenback and 0.9609 against the aussie around 8:35 am ET. The material has been provided by InstaForex…