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Dec 1, 21 •
1624 Views •
Forex News, Top News •
Zahir Shah
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...
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Dec 1, 21 •
1454 Views •
Forex News, Top News •
Zahir Shah
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...
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Nov 30, 21 •
1367 Views •
Forex News, Top News •
Zahir Shah
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...
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Nov 29, 21 •
1550 Views •
Forex News, Top News •
Zahir Shah
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...
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Oct 30, 21 •
2141 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 •
2242 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 •
1851 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 1, 21 •
1867 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 •
2007 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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Sep 29, 21 •
2267 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on Fed Unfolding Policy, Greenback to Fly amid Tightening
After a year and a half of zero interest rates and a “printing press” policy, the US Federal Reserve is preparing to hit the brakes. The US central bank plans to soon cut back on the asset repurchase program, through which nearly $ 4 trillion has...