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Commodities

Oil prices rose more than 2 percent on Wednesday after Russian President

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After a few days of continuous contraction, WTI crude oil prices finally

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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);

Dollar bills

U.S. CPI Sets a Lower Start for U.S. Dollar

Before the much-awaited U.S. inflation data publication, the dollar dropped in European trade this Tuesday.   The Dollar Index was trading 0.3% down at 107.803 at 03:05 ET (07:05 GMT), extending a decline from the 20-year high of 110.79

Dollar bills and coins close up shot

Dollar Slumps after Fed Dovish Remarks

The dollar suffered from prolonged overnight losses on Thursday after the Federal Reserve Chairman Jerome Powell said that the US interest rates were just below neutral. Read more!

the US flag over a pile of dollar bills

Dollar Weakens as Risk-On Sentiment Prevails

The dollar broadly slumped on Monday as investor demand for riskier assets increased after China and the United States agreed to a ceasefire in their trade war. Read more here!

BROKER NEWS

Broker News

ThinkMarkets UK Records Profit Jump Despite 38% Revenue Dip

Turnover for ThinkMarkets, decreased 38% to £2.73 million this year from last year’s £4.38 million. Think Markets is a UK business of Melbourne-based broker. Although its executive expenses decreased, the company’s operating profit for 2021 was still higher than last year’s £206,556 at £250,112. With other interests and income

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 per dollar level. Following U.S. statistics showing a minor improvement in consumer

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 value against six other currencies. It rose 0.2% to 109.593 at 02:50

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); after rising 1.5% overnight. In particular, the so-called “core CPI” increased by

Dollar bills

U.S. CPI Sets a Lower Start for U.S. Dollar

Before the much-awaited U.S. inflation data publication, the dollar dropped in European trade this Tuesday.   The Dollar Index was trading 0.3% down at 107.803 at 03:05 ET (07:05 GMT), extending a decline from the 20-year high of 110.79 last week. The U.S. CPI for August will be the final key

Broker News

ThinkMarkets UK Records Profit Jump Despite 38% Revenue Dip

Turnover for ThinkMarkets, decreased 38% to £2.73 million this year from last year’s £4.38 million. Think Markets is a UK business of Melbourne-based broker. Although its executive expenses decreased, the company’s operating profit for

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