Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday
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Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday
Oil prices were stable on February 9. Nevertheless, the prospect of increased
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The dollar fell, and the sterling steadied
The dollar retreated, and the sterling held steady. Traders said the banking
The U.S. dollar edged higher
The U.S. dollar advanced in early European trade, with safe-haven demand amid ongoing banking volatility and ahead of a Federal Reserve policy meeting scheduled for this week. The dollar index traded up 0.1% at 103.470. The dollar decreased in
US dollar index fell 0.3%
The dollar edged lower after major U.S. energy brokers, including the government and banks, dumped a key stake in regional lender First Republic Bank, restoring some confidence to investors. Thursday’s rescue of the First Republic lifted global risk levels
Euro gives back gains
The euro advanced slightly, with small gains after the European Central Bank took steps to raise interest rates. However, the rate path in the coming period would depend on incoming statistics. The ECB had been increasing rates rapidly to
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
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Trading 212 UK’s 2022 Revenue Rise, But Profits Slip 9%
Trading 212 Limited has recorded a turnover of over £98.7 million in the UK and pre-tax profits amounting to £50.8 million in 2022, as per its filing with Companies House. It was a 5% increase from 2021’s revenue figure of £94 million. Meanwhile, other operating income reduced to £1.7
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The dollar fell, and the sterling steadied
The dollar retreated, and the sterling held steady. Traders said the banking crisis could put the Federal Reserve and Bank of England on hold from raising rates. Investors’ attention shifted to central bank meetings due this week after volatility in markets caused by the lack of stability in the worldwide banking
The U.S. dollar edged higher
The U.S. dollar advanced in early European trade, with safe-haven demand amid ongoing banking volatility and ahead of a Federal Reserve policy meeting scheduled for this week. The dollar index traded up 0.1% at 103.470. The dollar decreased in value during the night following the revelation of emergency liquidity actions by
US dollar index fell 0.3%
The dollar edged lower after major U.S. energy brokers, including the government and banks, dumped a key stake in regional lender First Republic Bank, restoring some confidence to investors. Thursday’s rescue of the First Republic lifted global risk levels on Friday as worries about global banks eased, paving the way for
Euro gives back gains
The euro advanced slightly, with small gains after the European Central Bank took steps to raise interest rates. However, the rate path in the coming period would depend on incoming statistics. The ECB had been increasing rates rapidly to tackle high inflation. However, the sudden failure of the Silicon Valley Bank
Trading 212 UK’s 2022 Revenue Rise, But Profits Slip 9%
Trading 212 Limited has recorded a turnover of over £98.7 million in the UK and pre-tax profits amounting to £50.8 million in 2022, as per its filing with Companies House. It was a 5%
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