March 12, 2023
Sterling (GBP) Surges Near 1.20 Mark Following Robust GDP Performance
The value of the British pound has continued to increase and it is currently being traded at 1.1996 in Europe.…
Author: Wiley McDermott
March 11, 2023
Market Sees Historic Divergence As Bank Of Canada And Fed Go Separate Ways
Investors started to analyze the sensitivity of Canada’s economy to higher interest rates. They further argued that there will be…
March 10, 2023
Can Employment Data Embarks Resurgence In Dollar Upward Momentum?
The U.S. Department of Labor is all set to release the highly anticipated employment report on Friday. The stake of…
March 9, 2023
Swiss Franc Loses Billions On Foreign Currency Positions
SNB Incurs Largest Annual Loss Reportedly, the Swiss National Bank (SNB) recently incurred the largest annual loss in the 115-year…
March 8, 2023
Market Reacts: Powell’s Higher Terminal Rate Projection Sends Dollar Soaring
Yesterday the U.S. Dollar saw a decline in its price as its global price index plunged. But the market shifted…
March 7, 2023
Powell’s Statement And Employment Report Takes Center Stage While Dollar Slips
This has been the first time that in the past four weeks, the price of U.S. dollar finally slips. After…
March 6, 2023
Dollar Price Records A Huge Slump While Bitcoin Price Pumps Up
The dollar has performed badly against the Japanese yen in the latest trading session. Investors are unhappy about the latest…
March 5, 2023
Longer Than Expected Winter Likely To Favor Natural Gas Bulls
According to analysts, the creation of a bullish hammer pattern in February has led to an increase in natural gas…
March 4, 2023
Nervousness Caused By US Feds Results In Muted Asian FX, CNY Performs Well
The most powerful and prominent currencies from Asia did not have a good day on Friday as most of them…
March 3, 2023
Gold/Copper Ratio Indicates Market Is Risky Amid Global Economic Environment
According to market experts, there was an anticipated increase in prices that would likely extend from the fourth quarter of…
March 2, 2023
Japanese Yen Forecast: More Bearish Movement Expected In Near Future
Hawkish Fed propelled USD/JPY and other yen crosses remained higher due to the strong US macro data. Technically speaking the…
March 1, 2023
Market Experts Discuss How High Copper Can Go Amid Chinese Industrial Revival
After reaching its all-time low back in November 2022, the price of copper has made a strong comeback. As of…