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Category: Forex News
WTI Closes Below $80.00 Points Out Extended Losses On Buoyant US Dollar, Amid China’s Covid Woes
Western Texas Intermediate (WTI), the US crude oil benchmark, remains negative due to low demand fears regarding the crude oil market. Rumors such as China’s ongoing Covid-19 problems and reports of higher…
COVID Spike In China Is Troublesome For Asian FX, Russia Ukraine Crisis Turns Nuclear
Monday has turned out to be a troublesome day for the majority of the Asian currencies. The report suggests that the majority of the Asian currencies experienced declines due to the Chinese…
Hawkish Statements Once Again Derail Stocks
Hawkish Statements Continue To Haunt Investors The index for futures in the US indicates an impressive opening in Wall Street. On the other hand, after succumbing to back-to-back losses in two consecutive…
Dollar Prices Experience A Rebound As Waller Reassesses The Central Bank’s Monetary Policy
The value of the dollar has bounced higher in the recent trading session. The bounce was recorded in the European trade, which was a good sign for the USD traders who have…
The Dollar Loses Strength After The Feds Share Weakening Inflation Rates
The dollar has lost its strength following the recent input of the US Federal Reserve. The Feds were excited to share the consumer price index (CPI) data for the month of October…
The Dollar’s Price Has Regained Strength After Feds Announced The Rate Hikes Would Continue
On Wednesday, the trading price of the US dollar regained strength and it is trading at a higher level. The price of the USD rose after Jerome Powell, the Federal Reserve Chair…
India’s Forex Reserves Reach New 2 Year Low Amid Concerns Of International Recession
As concerns for a global recession started to take shape, many countries are fighting off this new wave of inflation with the help of their Forex reserves. Through regular interventions, countries like…
Investors Show Concern Of India’s Forex Market Dropping By $3.87 Billion
The forex market continues to struggle under the weight of various macroeconomic policies that will continue to dictate how the market continues to grow or all. However, many currencies currently trying to…
Pound Continues to Surge and New PM Delays the Recent Budget
The UK is currently going through what many are calling a golden streak. Along with becoming one of the biggest countries in the world with regards to cryptocurrencies, it is safe to…
Turkish Finance Minister’s Remarks Leave Price of Lira Declining
The Forex market seems to be clearly suffering from the serious decline in the overall trust that investors had in a variety of financial institutions. Still, the volatility throughout the Forex market…
The Kremlin Accuses Certain Western Countries of Stealing its Forex Reserves
As the forex market continues to fluctuate wildly following rising inflation and interest rates, various countries continue to struggle during these tough times. One thing that many of these countries have been…
While Trading Price Of Euro Has Slipped Below Parity, Yen Stands Steady
In Friday’s trading session, the value of the euro was not able to find a strong ground against the dollar. The value of the euro has ended up falling below the parity…
Forex Becomes Major Global Trend As More Traders Join Trading
Over the past year, various socio-political changes around the world have led to global markets struggling considerably. Not only have prices for various investments continued to drop, but some have reached dangerous…
