Forex Trading
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Vaccine Progress Boosts Stocks, Dollar Remains Sickly
On Monday, oil and share prices rose while the dollar declined, as investors pinned their hopes on coronavirus vaccines to revive the economy, even with delays to fresh US financial […]
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Stocks Rise, But Gain Limited due to End of Fed Stimulus
On Friday, world stocks edged higher, as hopes of economic recovery helped in offsetting the blow that was dealt by the announcement that emergency loan programs were being halted by […]
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Dollar Goes up As COVID-19 Cases Rise
On Thursday, the dollar strengthened as the euphoria about the potential coronavirus vaccines ran into worries about the surging infection numbers and risks to the already-fragile recovery in the global […]
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Europe Stock Futures Slip as Virus Continues to Weigh
On Wednesday, the European stock markets opened lower, due to worries over a recent surge in COVID-19 infections throughout the region, as it is expected to slow down and even […]
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World Stocks Heading for Record High on Vaccine Hopes, Recovery
On Monday, global stocks neared a fresh record high as investor sentiment was bolstered by hopes of a coronavirus vaccine, recent strong corporate earnings and signs of economic recovery. There […]
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Global Stocks Flatline and Bonds Yields Dip As Markets Become Cautious
On Friday, global shares flat-lined, as rising Europe and U.S. hospitalizations tempered the euphoria brought about by a promising vaccine. However, Wall Street was set for a firmer open over […]
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Dollar Steadies Amidst Riding Cases and Fading Vaccine Enthusiasm
On Thursday, the U.S. dollar stabilized as investors tempered their expectations about the coronavirus vaccine, since there are less chances of it averting a grim winter in the United States […]
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Pound Reaches One-Month High Against the Euro
On Wednesday, Sterling hits its highest level against the euro in more than two months, as investors became optimistic that a COVID-19 vaccine would provide a lifeline to the fragile […]
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Dollar Slips and Yen Regains Ground after Vaccine News
On Tuesday, the dollar edged down slightly and the Japanese yen was able to recover some of the losses of the previous session after risk appetite saw a boost in […]
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European Shares Reach One-Month Highs as Biden Wins U.S. Election
On Monday, European shares jumped to reach their highest level in over a month, as a win for Joe Biden in the presidential elections in the US boosted hopes of […]