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Poor NFP, trade balance data turns the Greenback weak

In mid-May, the Brazilian Rial plunged against the Greenback when a local newspaper reported that President Michel Temer asked Joesley Batista, chairman of the meatpacking giant JBS SA, to continue paying former legislator Eduardo Cunha, who is currently serving a

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Arun Jaitley Rejects Demonetization As Reason For GDP Decline

India’s Finance Minister Arun Jaitley has dismissed criticism that demonetization has negatively impacted India’s gross domestic product (GDP) and that the government were responsible for just promoting jobless growth in the last 3 years. Speaking at a press conference held

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Euro signals downtrend on weak German CPI data

The victory of Emmanuel Macron in the French election and rising inflationary pressure coupled with positive industrial data from Europe enabled the Euro to rise against the Aussie during April and May. The Aussie was also pulled down by the

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