Month: October 2022
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IMF Asks Countries To Avoid Intervention Due To Weakening Of Respective Currencies
The International Monetary Fund (IMF) has recently issued a statement about the countries intervening in the forex exchange (Forex) markets. Statement by the IMF The IMF has advised the countries […]
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Russia Has Resumed OFZ Auctions Only To See Ruble’s Value Strengthen Against Euro
In the Wednesday trading session, the Russian rouble recorded a significant rise in value. Although the Russian rouble is up against all major currencies, it landed a huge victory against […]
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With Market’s Attention Focused On OFZ Auctions, Price Of Russian Rouble Has Declined
In the latest trading session, the trading price of the Russian rouble experienced a downtrend. The price of the Russian rouble edged lower after experiencing great volatility for several weeks. […]
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Analysts Consider The Possibility Of Central Banks Sparking A Global Recession
The current forex market continues to be rattled by the increased volatility of various currencies. As inflation rates and prices for various commodities continue to skyrocket, the forex market continues […]
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AUDUSD Continues To Stay In A Downtrend And Is Struggling To Go Lower
The AUDUSD has continued to a downtrend in recent months due to the fluctuating foreign currency market. In fact, the overall volatility of the forex market has led to multiple […]
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India’s Forex Reserve Sees Rise Of $204 Million
The fluctuating global forex market led to countries dipping into their reserves to keep their currency up a certain level. Various currencies, such as the Japanese Yen and the Pound […]
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As Texas Moves Forward With Crypto Mining Plan, Dems Show Concern Over Power Usage
Following China’s crackdown on everything crypto, many of the mining companies that were there either had to cut their losses or completely move their operations to a different country. While […]
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Trading Price Of UK Pound Fell As New Prime Minister Fired Kwarteng
In the latest trading market, the trading price of the pound experienced a significant plummet. The value of the British pound has recorded a drop while the bonds of the […]
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Japan’s Finance Chief Will Take The Necessary Steps Forex Volatility Continues To Increase
The Japanese yen is one of three currencies that countries use for their foreign reserves. The other includes the Euro and the US dollar. However, as various sociopolitical issues start […]
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Japan Is Warning Investors About Yen’s Sell-Off To Stop Currency From Sliding
The policymakers in Japan have been building pressure over the investors, telling them not to sell the yen in their possession. Japan Wants to Stop Slide of Yen The policymakers […]