Forex News

As the NA session starts, NZD is the best currency, and AUD is the worst. The Dollar is all over the place, but the markets are making small changes to keep it steady. As worries about inflation grew yesterday, US markets and rates went down. In this case, S&P Global PMI data went above and […]

Since more and more people expect interest rates to increase, gold is seen as a risky investment and is losing its appeal. At the beginning of the month, bond markets thought the Fed funds rate would end up somewhere around 4.8%. The rate has increased by over 50 basis points and is now stable at

Financial markets will be wild and eventful over the next few days thanks to key economic data, central bank decisions, and tech company earnings. Immediately before meetings of the Federal Reserve, Bank of England, and European Central Bank, investors digested a barrage of corporate earnings and key reports that raised skepticism. European shares are lower

In the session last Friday, US PCE deflators and spending data were near consensuses, as was expected after the Q4 GDP release earlier that week. The final figures from University Michigan consumer confidence showed an upward revision to inflation expectations for the one year (3.9% from 4%) and the five to ten years (2.9% from

The US Dollar struggles to stay resilient against its rivals early Thursday as the US Dollar Index remains in negative territory below 102.00 following Wednesday’s slide. Throughout the first half of the day, the market action will likely be driven by risk perception as there will be no high-quality data released on the European economic

The following information is important for Wednesday, January 25. Investors are looking for the next significant catalyst as markets remain indecisive mid-week. As a result of Tuesday’s failed recovery attempt, the US Dollar Index is hovering around 102.00, while the 10-year US Treasury bond yield is hovering just below 3.5 percent. As the European morning

After a mixed start to trading, the Euro held above the 1.06 dollar mark on Friday. At midday, the common currency cost 1.0619 dollars, a slight increase from the previous evening. As of Thursday, the reference rate was set at 1.0633 dollars by the European Central Bank. The trading environment was quiet shortly before Christmas.

Market conditions remain subdued early Friday as traders in the lead-up to Christmas remain subdued. A monthly report from the German Bundesbank will be released during European trading hours. A report on November’s Personal Consumption Expenditure (PCE) Price Index, the Federal Reserve’s preferred inflation measure, will be released by the US Bureau of Economic Analysis

The global crypto market cap decreased marginally over the last day to $810.31 billion, which led to mixed trading on December 22. Over the last 24 hours, the crypto market volume has decreased by 28.55% to $25.67 billion. Currently, DeFi has a volume of $1.49 billion, making up 5.79 percent of the total crypto market

After failing to build on the positive macroeconomic news-induced rally, the cryptocurrency market has slipped into a consolidation phase. As a result of the consolidation, the prices of two of the largest assets, Bitcoin (BTC) and Ethereum (ETH) have dropped to familiar levels. Overall, the crypto market capitalization stands at $812.53 billion despite the extended