Forex News

  • The Omicron fears and the safe-haven currencies

    The Omicron fears and the safe-haven currencies

    Dec 1, 21 • 302 Views • Forex News, Top News Comments Off on The Omicron fears and the safe-haven currencies

    On Wednesday, riskier currencies rose from recent lows, while safe-haven currencies like the yen fell against the dollar as Asian markets relaxed their concerns over the Omicron variant. CNY’s new highs In the aftermath of better-than-expected...

  • Fed Chair remains hawkish, Yen highs and Aussie slumps

    Fed Chair remains hawkish, Yen highs and Aussie slumps

    Dec 1, 21 • 266 Views • Forex News, Top News Comments Off on Fed Chair remains hawkish, Yen highs and Aussie slumps

    After Federal Reserve Chair Jerome Powell indicated a rapid reduction of stimulus despite the dangers surrounding the Omicron COVID-19 variant, the safe-haven yen stayed firm on Wednesday. At the same time, the risk-sensitive Australian dollar fell to a...

  • Daily Forex Round Up: Aussie and Kiwi dips, Yen climbs, and uncertain USD

    Daily Forex Round Up: Aussie and Kiwi dips, Yen climbs, and uncertain USD

    Nov 30, 21 • 245 Views • Forex News, Top News Comments Off on Daily Forex Round Up: Aussie and Kiwi dips, Yen climbs, and uncertain USD

    Something surprising happened this Tuesday Asian afternoon, Risk-sensitive currencies slid, and safe havens gained. It took things in the opposite direction after Moderna’s CEO said that it is unlikely that the COVID-19 vaccines will be as effective...

  • Dollar rises amid economic optimism

    Dollar and major currencies pullback after Omicron shocks

    Nov 29, 21 • 347 Views • Forex News, Top News Comments Off on Dollar and major currencies pullback after Omicron shocks

    The dollar edged higher, the euro fell, and the yen steadied on Monday as currency markets reversed some of Friday’s moves, calming after the initial shock of discovering a new coronavirus variant. The Omicron shocks Initially discovered in South...

  • Why cryptocurrency ads are just the tip of the iceberg?

    Why cryptocurrency ads are just the tip of the iceberg?

    Oct 30, 21 • 616 Views • Forex News, Hot Trading News, Top News Comments Off on Why cryptocurrency ads are just the tip of the iceberg?

    An old advertising adage says, “Sell the smell of meat, not steak.” Unfortunately, when it comes to cryptocurrencies, the flavor to steak ratio is incredible. The digital token announcements that flood the London Underground promise...

  • Inflation, inflation, inflation": Euro jumped after the statements of the head of the ECB

    Inflation, inflation, inflation”: Euro jumped after the statements of the head of the ECB

    Oct 29, 21 • 675 Views • Forex News, Hot Trading News, Top News Comments Off on Inflation, inflation, inflation”: Euro jumped after the statements of the head of the ECB

    Euro markedly rose in price in forex on Thursday following the results of the meeting of the European Central Bank, the leadership of which for the first time admitted that the period of high inflation exceeded forecasts. The Euro jumped against the dollar by...

  • Crude oil slips to 2-week lows, bulls still hold

    Crude oil slips to 2-week lows, bulls still hold

    Oct 28, 21 • 397 Views • Forex News, Hot Trading News, Top News Comments Off on Crude oil slips to 2-week lows, bulls still hold

    Oil prices fell to their lowest level two weeks after official data showed an unexpected surge in US crude oil inventories. In addition, rising COVID-19 cases in Europe, Russia, and some outbreaks of infections in China shattered hopes for an economic...

  • Turkish lira collapses to historic lows after rate cut by Erdogan's order

    Turkish lira collapses to historic lows after rate cut by Erdogan’s order

    Oct 28, 21 • 503 Views • Forex News, Hot Trading News Comments Off on Turkish lira collapses to historic lows after rate cut by Erdogan’s order

    The Turkish lira collapsed to a record low in trading on Thursday after the national central bank eased monetary policy for the second time in a row, despite a sharp acceleration in inflation. The lira rate fell by almost 3% to 9.49 lira per dollar against...

  • US Dollar Rises amid Fed's Tightening Policy

    US Dollar Rises amid Fed’s Tightening Policy

    Oct 1, 21 • 658 Views • Forex News, Hot Trading News, Top News Comments Off on US Dollar Rises amid Fed’s Tightening Policy

    The US dollar held steady in the European session on Thursday, expecting the Fed to start rolling back stimulus measures at its next meeting in November. During a discussion at the ECB’s Forum on Central Banks, Fed Chairman Jerome Powell said inflation...

  • The dollar broke off the brakes in anticipation of the tsunami of US debt

    The dollar broke off the brakes in anticipation of the tsunami of US debt

    Sep 30, 21 • 759 Views • Forex News, Hot Trading News, Top News Comments Off on The dollar broke off the brakes in anticipation of the tsunami of US debt

    The dollar is rapidly rising for the second day in a row and has renewed record values ​​for almost a year. The dollar index, which reflects the rate against six key world currencies, jumped 0.56% on Wednesday and reached 94.3 points – the highest...