Sat, February 04, 2023
Federal reserve and stimulus package
Economy

As the new year starts winding up and we enter the post-holiday

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

Federal reserve and stimulus package
Economy

As the new year starts winding up and we enter the post-holiday

IBM Plans to Cut up to 4 Thousand Jobs
News

The wave of companies cutting workers continued on Wednesday with International Business

CHOOSE YOUR BROKER

EDUCATION

LATEST REVIEWS

EDUCATION

LATEST REVIEWS

Dollar, Aussie, Kiwi, monetary policy

Asian currencies rose, the dollar fell

The vast majority of Asian currencies rose sharply. The dollar fell to a nine-month low even after the Fed raised interest rates significantly, with markets betting that the US economic slowdown will force the

THE BEST RATED BROKERS

  • robo-Logo
    Comments Rating 1.89 (2367 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 Russian Rouble Is Strengthening Against The Dollar

Ruble Edges Higher

On Monday, the Russian ruble edged up against the dollar, gaining some ground after experiencing its biggest weekly decline since early July due to concerns about how sanctions on oil and gas would affect Russia’s export earnings. Following an

Dollar

The Dollar Remains Stable

Following two days of gains, the dollar fluctuated on Friday. It showed little change in morning trading in London as investors considered the outlook for interest rates in the wake of stronger-than-anticipated U.S. economic data on Thursday. The euro

The pound collapsed on Monday. What caused its decline?

The Pound is under pressure against the euro

Despite a lack of news to justify the moves, the British Pound is under significant selling pressure in midweek trade. The UK public sector borrowing data came in worse than expected, but the charts show almost no impact on

dollar

Yen rises to a four-month high

Tuesday’s surprise decision by the Bank of Japan to review its yield curve control policy and widen the trading band for the yield on 10-year government bonds caused the yen to rise to a four-month high against the dollar.

Dollar

Dollar slides to a seven-month low

The dollar fell to a seven-month low versus major peers on Monday. Meantime, the yen soared to a more than seven-month high as traders increased their bets that the Bank of Japan might make additional adjustments to its yield

Oil Rig at late evening

Oil Prices Rose, Gain More than 6%

Oil prices increased on Friday, with the week’s gain anticipated to be over 6%, as a result of strong indications of rising demand in the world’s largest oil consumer, China, and anticipations of more gradual interest rate increases in

dollar, usd-cad-american-canadian-dollars

The US Dollar Fell in Early European Trade

The US dollar fell in early European trade Friday, extending the previous session’s decline, as lower US inflation allowed the Federal Reserve to slow the pace of interest rate hikes. The US Dollar Index (DXY) fell 0.10% to 101.965

A Little Bit About Emerging-Market Rebound

A Little Bit About Emerging Markets Rebound

The hopes of emerging markets’ bulls are riding on the odds of an economic recovery in China and a Federal Reserve pivot this year. They claim that the stage is now set for a long-awaited, broad rally in the

BROKER NEWS

Dollar, Aussie, Kiwi, monetary policy

Asian currencies rose, the dollar fell

The vast majority of Asian currencies rose sharply. The dollar fell to a nine-month low even after the Fed raised interest rates significantly, with markets betting that the US economic slowdown will force the bank to reverse its dovish stance this year. The Chinese yuan rose 0.44% against the

UK

Recession Looming in the UK as Pound Tumbles

If you’ve been following news in 2016 in the slightest, you’re likely aware of Brexit’s impact on the UK. It was the talk of the town, with many aspects of the UK’s economy suffering damage that would take years to repair. However, with the current questionable future of

Economy

Time to Buy a House? Housing Market Weakens Slightly

One of the main gripes with adult life in the US is that the housing market is out of control. Rent is rising sharply, especially in major cities, while wages haven’t nearly caught up. Not many Americans in their 20s and 30s even dare dream of buying a

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% to 59.40. Meantime, the euro also fell to a new two-decade low versus the

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 US Inflation Lays Heavy on Fed

If inflation continues to be stubborn, investors believe that the Federal Reserve may have to raise interest rates higher than they have in the past 20 years. Some Wall Street professionals believe that the

THE MOST COMMENTED BROKERS

  • Multi bank group logo
    Comments Rating 5 (8 reviews)
  • UptrendCenter-logo
    Comments Rating 4.51 (63 reviews)
  • Soltechx-logo
    Comments Rating 4.89 (25 reviews)
  • trader-house
    Comments Rating 4.83 (12 reviews)
  • FxRevenues logo
    Comments Rating 4.48 (63 reviews)