Oil prices rose more than 2 percent on Wednesday after Russian President
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Russia Anticipates Higher Economic Returns This Year
According to a top government official, Russia’s economy will have a less severe decline than anticipated over the
What You Need to Know Before Trading in Asian Markets
On Tuesday afternoon, Asian markets mostly erased morning gains as investors maintained their caution ahead of this week
OPEC+ Meeting Pushes Oil Prices Up
On Monday, oil prices increased by more than $2 a barrel as investors anticipated potential actions by OPEC+ producers t
Euro on a Highway to Hell, Here Is What You Need to Know
Sterling was in trouble and the euro dropped to below 99 cents for the first time in nearly two decades on Monday. The f
Analysts explain that fear of the unknown prevents traditional investors from investing
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Oil prices rose more than 2 percent on Wednesday after Russian President
Oil prices were stable on February 9. Nevertheless, the prospect of increased
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Putin Mobilizes More Soldiers, Oil Prices Surge
Rate Hikes Loom Over Oil Market
Will The Uptrend in The Oil Market Continue?
Putin Mobilizes More Soldiers, Oil Prices Surge
Rate Hikes Loom Over Oil Market
Will The Uptrend in The Oil Market Continue?
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The Dollar Rises As The Ukraine War Is Expected To Continue
After the release of scorching inflation data, the dollar nudged higher in
Ahead of The US CPI Release, the Dollar Rises on High Yields
The dollar rose in early European trade Tuesday; it received a boost from high US bond rates ahead of the release of the latest consumer inflation data, which should confirm the Federal Reserve’s quick rate of tightening. The Dollar
The Euro in Relief from Macron’s Election Victory in France
After French President Emmanuel Macron defeated far-right rival Marine Le Pen in the country’s first round of presidential elections on Monday, the euro seemed to be snapping a seven-day losing streak versus the dollar. Investor fears over the euro
The Dollar Index Edging Closer to 100, Its Four Years High
The dollar continued its steady upward trend on Friday; it hit a fresh near-two-year high against a basket of peers and a one-month high against the euro. USD was bolstered by expectations of a faster pace of Federal Reserve
Yen Stronger after US Sues China’s Huawei
The yen was stronger against its peers on Tuesday with investors trying to take refuge in safe-haven assets after the US Justice Department charged Chinese giant Huawei Technologies Co Ltd with fraud, ramping up the US-China trade tensions. The
US Dollar Perks Up, Aussie Recovers from Losses
The US dollar retained its recent gains versus its major peers on Tuesday, backed by a recovery in investor’s risk appetite, which gave an overnight boost to US yields. The Australian dollar gained, recouping earlier losses, after the Reserve
Dollar Firm after Trump’s Speech Showed No Surprises
US President Trump’s State of the Union Address, which tackled trade and budget concerns but otherwise did not surprise listeners, showed no drastic effects on the dollar on Wednesday. Trump delivered an outline of his concerns for the coming
Euro Weakens on Pessimistic Economic Outlook
The euro slipped to a new two-week low against the dollar during the early trading in Europe, with traders expecting more pessimism over the global economic outlook. German industrial output data have already set the tone, showing a drop
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
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The Dollar Rises As The Ukraine War Is Expected To Continue
After the release of scorching inflation data, the dollar nudged higher in early European trade Wednesday, while the euro traded around a five-week low on worries that the war in Ukraine might drag on for a long time. The Dollar Index, which monitors the greenback against a basket of six other
Ahead of The US CPI Release, the Dollar Rises on High Yields
The dollar rose in early European trade Tuesday; it received a boost from high US bond rates ahead of the release of the latest consumer inflation data, which should confirm the Federal Reserve’s quick rate of tightening. The Dollar Index, which measures the dollar’s value against a basket of six other
The Euro in Relief from Macron’s Election Victory in France
After French President Emmanuel Macron defeated far-right rival Marine Le Pen in the country’s first round of presidential elections on Monday, the euro seemed to be snapping a seven-day losing streak versus the dollar. Investor fears over the euro zone’s second-largest economy’s future orientation have impacted the currency, adding to anxieties
The Dollar Index Edging Closer to 100, Its Four Years High
The dollar continued its steady upward trend on Friday; it hit a fresh near-two-year high against a basket of peers and a one-month high against the euro. USD was bolstered by expectations of a faster pace of Federal Reserve interest rate rises. In early Asia trade, the dollar index climbed to
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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