MARKET UPDATE
Dollar Stabilizes, but Hikes Elsewhere The dollar stabilized in early trade on Wednesday after falling on Tuesday as a collapse in new home sales and a slump in social media…
Dollar Stabilizes, but Hikes Elsewhere The dollar stabilized in early trade on Wednesday after falling on Tuesday as a collapse in new home sales and a slump in social media…
Gold prices dropped on Wednesday as the dollar firmed, while investors awaited minutes from the U.S. Federal Reserve’s May policy meeting for cues on the magnitude of the central bank’s…
Oil prices fall on concerns over recession, China COVID curbs Oil prices fell by more than $1 on Tuesday as concerns over a possible recession and China’s COVID-19 curbs outweighed…
Here is what you need to know about the important news between May 23rd, 2022, and May 27th, 2022, where we take a look at the economic data, market news…
Dollar Slips; Risk Sentiment on the Rise The U.S. dollar weakened in early European trade Monday, with risk sentiment boosted by hopes that loosening lockdowns in China can help global…
Dollar Edges Higher but Set for Losing Week; China Cuts Key Rate The U.S. dollar edged higher in early European trade Friday, but is still heading for its worst week…
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Dollar Edges Lower; Risk Sentiment Remains Fragile The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous session’s substantial gains although the safe haven…
Dollar Up, Improving Risk Sentiment Boosts Euro and Pound The dollar was up on Wednesday morning in Asia. Overnight surges gave the euro and pound a boost in early trading,…
Gold Up, Dollar and U.S. Yields Also Resume Climb Gold was up on Tuesday morning in Asia, even as the dollar slowly resumed an upward trend and U.S. Treasury yields…
Oil prices eased on Tuesday as Hungary resisted a European Union push for a ban on Russian oil imports, a move that would tighten global supply, and as investors took…
Here is what you need to know about the important news between May 16th 2022 and May 20th 2022, where we take a look at the economic data, market news…
Oil prices slide as investors take profit; supply fear still looms Oil prices fell on Monday, paring early gains as investors took profit from a surge in the previous session,…
Dollar Edges Lower, But Remains Near 20-Year High The U.S. dollar edged lower in early European trade Friday but remained near a 20-year high with Federal Reserve Chair Jerome Powell…
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
Dollar Strengthens After CPI; Sterling Hit by GDP Release The U.S. dollar strengthened in early European trade Thursday to a new two-decade high after U.S. inflation remained stubbornly high, while…
Dollar’s surge spurs currency hedging by U.S. companies U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to…
The Bank of Japan has no plan to allow long-term interest rates to move more widely around its 0% target to stem sharp falls in the yen, a central bank…
Oil drops as economic worries, strong dollar weigh Oil prices dropped more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China,…
Bitcoin falls to lowest since January, in line with tumbling stock markets Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies,…