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Oct 30, 21 •
2101 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
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...
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Oct 29, 21 •
2204 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
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...
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Oct 28, 21 •
1816 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
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...
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Oct 28, 21 •
2096 Views •
Forex News, Hot Trading News •
Zahir Shah
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...
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Oct 1, 21 •
1837 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
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...
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Sep 30, 21 •
1976 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
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...
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Aug 31, 21 •
2499 Views •
Forex News, Hot Trading News •
Zahir Shah
Comments Off on Dollar falls to a two-week low, absorbing shocks of Powell’s speech
Tuesday, the dollar hovered around two-week lows against a basket of currencies. This week, US employment data will be closely watched by investors for clues about when the stimulus will be reduced. In the meantime, the Chinese yuan didn’t pay much...
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Aug 26, 21 •
2118 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Dollar rises amid rising geopolitical tensions and rising yields
As tensions between the US and China escalated after President Joe Biden received intelligence on the origin of the virus, the dollar strengthened in general. The yen has suffered due to rising bond yields around the world. In addition, a Senate-proposed Tax...
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Jun 18, 21 •
2140 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
Comments Off on Global markets suffering after Fed’s rate hike forecast
Global equity markets were mostly lower on Thursday after the Federal Reserve indicated it could ease economic stimuli earlier than previously thought. London and Frankfurt opened lower while Tokyo, Seoul and Sydney fell. Shanghai and Hong Kong advanced. U.S....
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May 27, 21 •
2239 Views •
Forex News, Market Analysis •
Zahir Shah
Comments Off on Effect of covid-19 on forex trading
Negative effects of covid-19 on forex trading (oil prices & Dollar) Positive effects of covid on forex trading (new clients, trade volume) When covid-19, commonly known as the Coronavirus started in Wuhan China, nobody was sure about its impact on...