FX02 DEC 2022
GBP to USD Prediction – Bulls Target $1.2450 Amid Weak U.S Jobs Report
It is somewhat of a GBP-USD day. The market does not have the United Kingdom’s economy to ponder today. Meanwhile, the attention has…
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Forex Trading
Every entry published under this category, with original dates and authorship preserved.
74 ENTRIES · LANG EN · SECTION FX
FX14 NOV 2022
With The Latest Inflation Numbers, The Dollar Continues to Decline
The Dollar’s decline on Friday maintained Thursday’s trend. According to data, consumer inflation in the U.S. increased by 7.7% over the…
FX11 NOV 2022
Average Long-Term U.S. Mortgage Rate Top 7% This Week
The average rate on 30-year fixed mortgages returned to its previous 20-year highs when rates crossed the 7% threshold two weeks ago for…
FX03 NOV 2022
The Pace of Rate Hikes by Central Banks Typically Slows in October
Four of the ten most frequently traded currencies’ central banks upped their benchmark interest rates. Over the last month, the currencies…
FX23 OCT 2022
Asia’s FX Crashes on Fed Worries, Offshore Yuan Drops To All-Time Low
The value of the Chinese offshore Yuan hit a new low on Thursday. The bulk of other Asian currencies has also decreased at the same time.…
FX18 OCT 2022
Britain’s Budget Proposals Impact Both Dollar and The Pound
At 03:10 Eastern Time, the Dollar Index fell by 0.3% to 112.828. (07:10 GMT). This came after rising by over 18% this year. Before the…
FX10 OCT 2022
U.S. Employment Data Beat Expectations, Boosting the Dollar
The dollar was trading lower early on with the Japanese yen. However, it was now trading at 145.42 Yen, up 0.2%. The dollars’ worth last…
FX30 SEPT 2022
As The Euro and Pound Weaken, Investors Are Turning to Bitcoin
The cryptocurrency industry seems to be thriving. This occurs while many fiat currencies throughout the world are losing value. Ethereum…
FX31 AUG 2022
European Stocks Decline To One-Month Low
On Monday, there was a drop in European shares, with tech stocks leading declines, but hawkish comments from central bankers pushed up bond…
FX29 AUG 2022
UK Stocks Record Worst Weekly Performance since Mid-June
On Friday, there was a drop in UK stock indexes, which saw them record their biggest decline in a week since mid-June amidst mounting…
FX27 AUG 2022
European Shares Stay Afloat With Tech And Energy Stocks
On Thursday, European shares closed the day higher, as there was a rise in tech and oil stocks. But, gains were capped due to rising…
FX26 AUG 2022
Asia Markets Trading Higher Ahead Of Jackson Hole
On Thursday, Asia-Pacific markets were trading mostly higher ahead of the economic symposium in Jackson Hole in the United States. A…
FX25 AUG 2022
Expectations Missed for Private Sector Activity Data Cause Dollar to Take a Plunge
It had been a while since the trading value of the greenback had been moving higher against the EUR. The trading value of the USD had hit a…
FX24 AUG 2022
European Shares Put A 3-Day Losing Streak To An End
On Wednesday, European shares ended the day on gains, thanks to a rise in defensive stocks, even though the gains were kept in check by a…
FX23 AUG 2022
Asia-Pacific Markets Trading Lower, As Singapore Inflation Rises
On Tuesday, Asia-Pacific markets were trading lower, after the major indexes on Wall Street ended their worst day since June because of…
FX22 AUG 2022
Asia-Pacific Markets Mostly Lower Over Fed Fears
On Monday, the shares in the Asia-Pacific markets were trading mostly lower, as there was a re-emergence of concerns about the aggressive…
FX21 AUG 2022
Meme Stock Bed Bath & Beyond Drops After Cohen’s Exit
After the trading bell on Thursday, there was a 35% drop in the shares of meme stock Bed Bath & Beyond, as billionaire investor Ryan Cohen…
FX19 AUG 2022
After Bond Yields Results, the Value of XAU/USD is at Three-Weeks Low
It has been a while since the trading value of gold has not been performing well against the dollar. The dollar’s price seems to be gaining…