Forex Trading
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Dollar Reaches Two and a Half Year Low
On Monday, in early London trading, the US dollar reached its lowest value in two and a half years, while there was a slight dip in riskier currencies due to […]
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Chinese President Encourages ASEAN Countries in Joining ‘Digital Silk Road’
Part of the reason why the Chinese government turned bullish when it came to blockchain technology and a Central Bank Digital Currency (CBDC), was because of the country’s vision for […]
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Stocks Rack up New Records while Dollar Weakens
On Friday, world stocks remained on course for their best month in history due to Joe Biden’s victory in the presidential elections, recent progress in coronavirus vaccines, a weak dollar, […]
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Dollar Remains Weak Across the Board, Swedish Crown Falls
On Thursday, the euro climbed to a nearly three-month high, as pressure on the dollar increased due to optimism about coronavirus vaccines and downbeat US economic data. Investors were seeking […]
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Dollar Remains Depressed due to Improved Risk Appetite
On Wednesday, the US dollar nursed some losses, as expectations of a new fiscal stimulus package from the new US government and progress in the development of a COVID-19 vaccine […]
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Sterling Gains as Risk Appetite Improves
On Tuesday, a demand for riskier currencies helped Sterling remain close to its two-month high that it had reached a month before. Investors are also hoping that Brexit talks this […]
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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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