USD Weakness Continues to Dominate FX Market Discourse
Commerzbank's Head of Foreign Exchange and Commodity Research, Ulrich Leuchtmann, observes that the EUR/USD is holding at 6-month highs, while the US Dollar Index is...
Asian Markets Go through Extended Losses amid Overall Downturn
The stock markets in Asia are going through expanded losses as the overall outlook of worldwide economic growth is gloomy these days. As a result,...
Japanese Yen Spikes after the Report that PM Is Open on Monetary Policy
The yen most recently witnessed an elevation in its trade value as the reports are showing a likely modification to a chief contract between the...
USD/CAD Moves to 1.3600 as Oil Pulls out, US Dollar Bounces Prior To Central Bank’s Key Updates
USD/CAD pair has extended its retrieval from the weekly low while moving toward renewing its interday high around 1.3570. While doing this, the pair is...
State Bank of Pakistan’s Forex Reserves Drop to almost a 4-Year Low
The central bank of Pakistan has stated that the foreign exchange reserves of the country have collapsed to $6.7 billion. The respective level is the...
Hong Kong Stocks Surge by 3% As China Gives Relaxation on Pandemic Restrictions
The Asia-Pacific-based shares Spiked as China eased its COVID-19-related restrictions in a few cities. This indicated that the country may witness more relaxation in this...
US Dollar Threatens the Market by Showing a Significant Reversal from Its Former Highs
The Dollar has fallen back by almost 9% from its highs of many decades witnessed in the latter period of September. This could turn out...
Having Generated COVID-Inspired Gains, The Dollar has Finally Edged Lower
In the recent European trading session, the value of the dollar has recorded a decline. The decline was expected by the majority of the senior...
Asian Forex Market Experiences A Surge But Gets Limited By The Feds
The Asian forex markets have experienced a surge in the latest trading session. On Friday, the forex trading market edged higher and was able to...
Sudden Hike in Stocks When China Showed Intent of Not Easing Covid Restrictions
China’s Refusal to Reduce Covid Restrictions Hikes Global Stocks Stock markets rose worldwide on the 7th although the Chinese Government did not consider easing the...