Sun, December 04, 2022

EUR trading

Global economy and energy demand

Are Europe’s Falling Energy Prices Permanent?

After Germany accepted the EU’s request for a mechanism to control wholesale prices throughout the upcoming winter, benchmark prices for natural gas in Europe dropped again on Friday, moving back toward their lowest levels in four months. Front-month futures for the Dutch TTF contract, which acts as a benchmark for northwest Europe, were down 9.9% …

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Dollar

Sterling Sinks Further Down While the Dollar Surges Higher

Early on Thursday in European trade, the U.S. dollar continued its upward trend as sterling fell as the relief rally triggered by the Bank of England’s intervention in the bond market fizzled out. The Dollar Index, which measures the value of the U.S. dollar against a basket of six other currencies, increased 0.8% to 113.438 …

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dollar

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 currencies, was 0.2 percent …

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Ahead Of The US CPI Release, The Dollar Rises On High Yields

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 currencies, was 0.2 percent …

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Bank of Japan Calls on G7 Countries for Crypto Regulations

Bank of Japan Calls on G7 Countries for Crypto Regulations

A senior Bank of Japan official warned the G7 countries that a common framework for regulating digital currencies should be created as soon as possible. The G7 assigns to the team of Seven an intergovernmental political forum. Therefore, it includes the following countries: Italy, the UK, Germany, Japan, Canada, France, and the USA. The statement …

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