Forex News
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Following the BOJ change, the dollar declines while the yen climbs. Is a dovish posture the best course of action?
After the Bank of Japan shocked markets with a change in policy, clearing the way for the end of the…
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The dollar goes up as the Fed says more rate hikes are coming.
After the Federal Reserve meeting on Thursday, the dollar went up by a lot. Overnight, it raised interest rates by…
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The Russian rouble falls to its lowest level against the euro in more than six months.
MOSCOW –Tuesday was the worst day for the Russian rouble against the euro since late May. Low oil prices and…
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Turkish regulator lowers banks’ maximum forex-to-capital ratio
The foreign currency net position to standard capital ratio for banks has been established by Turkey’s BDDK banking watchdog at…
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Down at EUR/USD, analysts warn of a possible correction in December.
Yesterday, EUR/USD went up again, reaching a high of 1.0595 at noon, but then it went down to a low…
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European shares slip with China’s COVID checks in focus
European shares slipped on Monday after data showing a decline in euro zone business exertion banged recession fears in the region and as investors assessed query over the easing of strict COVID- 19 checks in China. The region–wide STOXX 600 was down0.2. The indicator indented earnings for the seventh straight week…
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Australia stocks advanced at close of trade; S&P/ ASX 200 up0.33
Australia stocks were advanced after the close on Monday, as earnings in the coffers, Essence & Mining and Energy sectors led shares advanced. At the close in Sydney, the S&P/ ASX 200 rose0.33.…
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Bone weakens, Yuan soars on Chinese continuing expedients
TheU.S. bone weakened in early European trade Monday and the Chinese yuan soared to its loftiest position sincemid-September as relaxation of some of China’s strict COVID- 19 checks boosted threat appetite. At 0305 ET( 0805 GMT), the Dollar Index,…
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Yellen, who works for the U.S. Treasury, “practised and practised” her signature on U.S. bills.
Janet Yellen, the U.S. Treasury Secretary, said she “practiced and practiced” writing the signature that will soon be on U.S.…
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Before Powell’s speech, the dollar is about to have its worst month since 2010.
The dollar fell from its highest point in a week on Wednesday, before Federal Reserve Chair Jerome Powell gave a…
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