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...
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...
STOCKS SUFFER, GOLD AND USD RISE AS INFLATION SURGES The US dollar index continued rallying on Monday morning as the strong inflation numbers pushed more people to worry about a recession. The numbers revealed that the country’s inflation jumped...
EURO FALLS SHARPLY DESPITE THE HAWKISH ECB DECISION The euro declined sharply after the statement by Christine Lagarde, the President of the ECB. The bank decided to leave interest rates unchanged and said that they will stop quantitative easing...
US DOLLAR SPIKES AS CONSUMER INFLATION SURGES TO 1981 HIGH European equities declined on Friday as investors continued focusing on Thursday’s interest rate decision by the ECB. The Stoxx 600 index declined by more than 1.14%. Similarly, other indices...
EURUSD CONSOLIDATION CONTINUES AHEAD OF ECB DECISION The euro remained in a narrow range ahead of the upcoming interest rate decision by the European Central Bank (ECB). Analysts expect the bank to leave interest rates unchanged, with the deposit...
USDJPY SOARS TO 20-YEAR HIGH AS JAPAN ECONOMY CONTRACTS The Japanese yen continued its crash after mixed economic data from the country. According to the statistics agency, the country’s economy contracted in the first quarter. It declined by 0.1%...
EURUSD STILL RANGING AHEAD OF ECB DECISION AND EU GDP DATA American stocks pared earlier losses on Tuesday as investors continued worrying about inflation and margins among companies. The rising cost of doing business and the logistics challenges have...
USDJPY SOARS TO 20-YEAR HIGH AMID FED AND BOJ DIVERGENCE The Australian dollar moved sideways on Tuesday even after the Reserve Bank of Australia (RBA) caught investors off-guard with a bigger hike than expected. The bank hiked interest rates...
US STOCKS RECOVER AS FOCUS SHIFTS TO INFLATION DATA The Australian dollar rose in early trading after the Reserve Bank of Australia (RBA) delivered its second back-to-back rate hike this year. The bank decided to increase interest rates by 25...