Tag: GBP/USD
Weekly Overview: Forex, Stocks, Crypto, Commodities May 13
Global markets and trends change every day. Several big influencers cause price movements every second. How are you doing this week in Forex, Stocks,...
Here is Why the World is Panicking Over Fed’s Tightening
The US currency is surging due to Fed tightening fears and a weak euro. Since Thursday, the euro and the yen have fallen, while...
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...
The Dollar on A Rise, the Yen on A Fall
The dollar rose slightly against the Japanese yen on Monday morning in Asia, reaching as high as 119.3 yen, threatening the six-year high of...
War Continues, Currencies on A Fall
In Asia on Tuesday morning, the dollar, the Japanese yen, and the Australian dollar were all down. Lockdowns were imposed in several Chinese cities...
Ukrainian Downplays the Hryvnia Depreciating
Despite Russia's invasion of Ukraine, which began on February 24, the president's economic adviser downplayed the chances of the hryvnia depreciating further on Saturday.
Ukraine's...
The Canadian Dollar Stable, Russia Faces Penalties
On Tuesday, investors considered the economic implications of Russia-Ukraine hostilities, and the price of oil, one of Canada's main exports, gave up some of...
The dollar is down as the U.S. denies Russian Ukraine claims
The U.S. Dollar Index dragged down 0.07% to 95.766 by 9:56 PM ET.
The USD/JPY pair went up 0.92% to 115.48.
The AUD/USD pair stood up...
Ukraine Tensions, and The Fed’s Rate Debate Drag Euro Down
On Tuesday morning, the dollar was down in Asia as geopolitical worries over Ukraine weighed on the euro. However, the disagreement over how aggressively...
The Dollar Rises As Rising Inflation Signals Rate Hikes
The dollar rose sharply on Friday, as rising consumer prices fueled predictions that the Federal Reserve will raise interest rates swiftly this year, beginning...
Dollar Rises in Response to ECB And BOE Meetings Loom
The dollar crept higher on Thursday, aided by risk aversion following poor data from Meta Platforms, the parent company of Facebook (NASDAQ: FB). However,...
Exchange rate gains as forex turnover records boost
Today's exchange rate between the Naira and the US dollar closed at N416 per dollar.
This represents an increase of 1.2% on the previous day's...
The dollar is Set for Weekly Fall
On Friday morning, the dollar was down in Asia, heading for its worst weekly drop in eight months. Long holdings were reduced as investors...
U.S. Inflation Impacting Fed’s Policy
On Thursday morning, the dollar rose in Asia, fighting its way back from overnight lows. Although statistics revealed that consumer prices in the United...
The dollar fell, Omicron concerns rise as case numbers grow
On Tuesday morning in Asia, the dollar remained down, staying below its recent high. Concerns about the new omicron variant, as well as a...