US DOLLAR INDEX RECOILS AHEAD OF US HOME SALES DATA The euro moved sideways on Tuesday morning after a mild statement by Christine Lagarde, the European Central Bank (ECB) chair. In a speech, she reiterated her earlier statement that...
US DOLLAR INDEX RECOILS AHEAD OF US HOME SALES DATA The euro moved sideways on Tuesday morning after a mild statement by Christine Lagarde, the European Central Bank (ECB) chair. In a speech, she reiterated her earlier statement that...
BITCOIN CRASH GAINS STEAM AS CRYPTO MARKET CAP FALLS BELOW $1T The euro declined on Monday as the energy crisis in Europe continued over the weekend. Last week, Russia decided to cut its natural gas shipments to some key...
JAPANESE YEN SELL-OFF ACCELERATES AS BOJ EASING CONTINUES Global stocks are staring at their worst performing weeks in over two years as central banks embrace a more hawkish tone in their battle against inflation. On Wednesday, the Fed decided...
USDCHF AND GBPUSD RETREAT AS SNB AND BOE RAISE RATES The Swiss franc jumped sharply against the US dollar and euro after the Swiss National Bank (SNB) made a surprise rate hike. In a statement, the bank decided to...
EUR/CHF TO FALL 1-2% ON A SNB RATE HIKE – ING The Swiss National Bank (SNB) meets today to set monetary policy. A hike would send the EUR/CHF pair 1-2% lower, economists at ING report. SNB TO GUIDE EUR/CHF...
STERLING GAINS AHEAD OF THE LATEST BOE RATE DECISION The British pound rose slightly against the euro as traders waited for the latest interest rate decision by the Bank of England. The BOE finds itself in a difficult situation...
US DOLLAR INDEX RETREATS AS INVESTORS EYE FOMC VERDICT European stocks edged higher as the European Central Bank (ECB) held an emergency meeting to handle the turmoil in the bond market. The meeting comes a week after the bank...
GBP AND FTSE NOSEDIVE AFTER WEAK UK JOBS DATA The British pound declined sharply as investors reacted to another set of weak economic data from the UK. According to the Office of National Statistics (ONS), the country’s unemployment rate...
US DOLLAR AND VIX INDEX MAINTAIN BULLISH MOMENTUM American stocks continued falling as investors refocused on the upcoming interest rate decision by the Federal Reserve. The Dow Jones crashed by more than 600 points on Monday after falling by...
GLOBAL STOCKS AND CRYPTOCURRENCIES TUMBLE AS RECESSION BETS RISE American stock futures tumbled on Monday, continuing the sell-off that started last week. Futures tied to the Dow Jones declined by more than 573 points while those linked to the...