Mon, October 03, 2022
Economy

When some think of railroads, we think of 19th-century locomotives and men

saudi arabian
Economy

Saudi Arabia is planning to balance its state budgets over the medium

Zambia and interesting details
Economy

Countries in different parts of the world are trying to minimize the

TODAY'S FEATURED

Economy

When some think of railroads, we think of 19th-century locomotives and men

The British Pound fell on Thursday. What about the Aussie?
Forex

As local Treasury rates rose on Tuesday, the British pound rose from

CHOOSE YOUR BROKER

EDUCATION

LATEST REVIEWS

EDUCATION

LATEST REVIEWS

OPEC Organization of the Petroleum Exporting Countries

OPEC+ To Cut the Output By 0.5-1 Million BPD

OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on October 5. They aim to reduce between 500,000 and 1M barrels per day (BPD) to stabilize

THE BEST RATED BROKERS

  • robo-Logo
    Comments Rating 1.89 (2332 reviews)
  • etro-Logo
    Comments Rating 4.92 (104 reviews)
  • robo-Logo
    Comments Rating 4.87 (68 reviews)
  • bitstamp-Logo
    Comments Rating 4.94 (231 reviews)
  • nordfx-Logo
    Comments Rating 3.08 (3 reviews)

FOREX NEWS

FOREX NEWS

BROKER NEWS

The Dollar At 20-Year Highs, And Might Headed For Higher

Will the Dollar Break Below 20 Years Threshold?

As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the

Dollar vs Yuan

Yuan Dips Beyond Milestone, Will Dollar Dip Continue?

Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7

Yen Resumes Its Downward Trend, Will It Recover Soon?

The US dollar rose in early European trading on Thursday as buyers readjusted their positions ahead of next week’s Fed meeting. The yen also struggled to maintain the uptrend of the previous session. The Dollar Index compares the dollar’s

Dollar, Fed

CPI Statistics Stabilize the Dollar

Early on Wednesday in European trading, the U.S. dollar steadied. The new U.S. inflation data boosted the dollar. The Dollar Index (DXY) measures the dollar’s value against six currencies. It was steady at 109.510 at 03:00 ET (07:00 GMT);

Oil prices

Will The Uptrend in The Oil Market Continue?

Tuesday saw a slight increase in oil prices as OPEC+ continued to produce less than their quotas. However, prices were still on track to decline for a fourth consecutive month due to expectations of another increase in U.S. interest

The Dollar At 20-Year Highs, And Might Headed For Higher

Will the Dollar Break Below 20 Years Threshold?

As the market prepared for yet another aggressive rate rise by the Federal Reserve, the U.S. dollar slipped down in early European trade on Tuesday. Still, it maintained its proximity to a 20-year high. The Dollar Index compares the

oil

Should You Be Worried About Oil Prices?

The price of oil rose on Monday. Meanwhile, supply worries ahead of the EU’s oil embargo on Russia in December outweighed worries about a global recession that could dampen gasoline demand. Brent futures rose 0.5 percent on Friday and

Dollar vs Yuan

Yuan Dips Beyond Milestone, Will Dollar Dip Continue?

Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7

BROKER NEWS

OPEC Organization of the Petroleum Exporting Countries

OPEC+ To Cut the Output By 0.5-1 Million BPD

OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on October 5. They aim to reduce between 500,000 and 1M barrels per day (BPD) to stabilize the market. An OPEC source estimated the likely number was closer to 500,000 BPD earlier

Turkey

Erdogan In A Dilemma, Turkey’s Inflation Reached 70%

According to figures released on Thursday, Turkey’s annual inflation hit a two-decade high of 69.97 percent in April, fueled by the Russia-Ukraine conflict and soaring energy and commodity costs following last year’s currency fall.   Just over a year before presidential and legislative elections that might end President

The Eu’s Oil Embargo Risks Escalating Already High Inflation

The Eu’s Oil Embargo Risks Escalating Already High Inflation

For more than half of their crude imports, most Eastern European nations still rely on Russia. With the decision to cut off Russian oil shipments, European countries already suffering from record inflation risk exacerbating their predicament.   While European Commission President Ursula von der Leyen promises that the

How Close is Russia to a Complete Default?

How Close is Russia to a Complete Default?

By delving into its limited dollar reserves, Russia looked to avoid defaulting on its international debt. The debt crisis in Moscow, however, is far from ended. Russia’s finance ministry said Friday that it had transferred $564.4 million to a Citigroup account for a bond due in 2022, and

Israel Slams Russian Foreign Minister’s Anti-Semitic Note

Israel Slams Russian Foreign Minister’s Anti-Semitic Note

In comments about ‘denazifying’ Ukraine, Sergey Lavrov indicated Hitler had Jewish origins, prompting Israel to demand an apology. Israel has condemned Russian Foreign Minister Sergey Lavrov for making “unforgivable” remarks on Nazism and anti-Semitism, including that Adolf Hitler had Jewish ancestors, and demanded an apology from Moscow.  

Ruble Finishes Near 60 Versus The Dollar

Ruble Finishes Near 60 Versus The Dollar

The ruble increased 0.1% versus the dollar at 59.80 at 0810 GMT. It hit 60.41 as it rose from a nearly four-week record level of 57.70 on Friday. Versus the euro, it accumulated 0.1%

THE MOST COMMENTED BROKERS

  • trader-house
    Comments Rating 4.83 (12 reviews)
  • 	Gigachains-logo
    Comments Rating 3.24 (54 reviews)
  • InvestmentsGlobal logo
    Comments Rating 4.66 (29 reviews)
  • FxRevenues logo
    Comments Rating 4.61 (28 reviews)
  • PrimeMarketCap logo
    Comments Rating 5 (3 reviews)