Forex

Cashless: The Move Towards Digital Chinese Yuan

China gears towards a cashless society. The country will introduce the digital Chinese yuan in Suzhou City amounting to 50,000…

3 years ago

The US Dollar Will End the Week Weak

After successive setbacks since Monday, the dollar is poised to end the week with losses. The world’s reserve currency continues…

3 years ago

The Dollar Tumbles From Weak US Economic Indicators

The dollar is not having a good time so far. Since the start of the week, all events that transpired…

3 years ago

The Dollar is at Risk from Growing Risk Appetite

The dollar is facing downward pressure as investors garnered a renewed confidence from an abrupt development on vaccine news.  The…

3 years ago

Unfolding Events Provides Boost for Pound

The sterling pound enjoys being in the spotlight as successive events unfold to its advantage. The better-than-expected development of Brexit…

3 years ago

Dollar Experiences Painful Setback with Vaccine News

Risk sentiment rises yet again with optimistic vaccine news. The dollar today fell to its 2018 low, translating to its…

3 years ago

Lira Gains Ground with Rate Hike

After consistently trailing far behind the greenback, the lira finally gains ground in today’s trading session. This came after Turkey’s…

3 years ago

Dollar Gains Ground with Growing Risk-off Sentiment

The dollar regains previous losses recorded in the last five successive sessions as anti-risk sentiment makes an appearance in the…

3 years ago

Pound Continues to Fare Well Against Counterparts

The pound is dominating all facets in today’s trading session. It is boosted by the looming agreement on a post-Brexit…

3 years ago

Dollar Loses Grip with Cross-cutting Uncertainties

The dollar dropped in today’s trading session. The virus surge in the United States and on-going political uncertainty in Washington…

3 years ago

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