The Russian bank VTB announced a 7 billion eurolossForex

The Russian bank VTB announced a 7 billion euroloss

VTB Bank, the second largest bank in that country, announced on Wednesday that in 2022 it made a loss of…

Correction in Euro Rate Forecast: Euro’s Path UncertainForex

Correction in Euro Rate Forecast: Euro’s Path Uncertain

The EUR/USD pair staged a recovery, finding solace above the crucial 200-day Simple Moving Average (SMA) as the US Dollar…

EUR/USD Forum Action: Euro Forecast and Key FactorsForex

EUR/USD Forum Action: Euro Forecast and Key Factors

The forex market continues to witness minimal volatility across the EUR/USD forum, leaving traders seeking catalysts to spark price movement.…

The bad period for the US dollar continuedForex

The bad period for the US dollar continued

The dollar weakened for the fourth consecutive week against major currencies, and investors believe the US central bank will end…

USD to CHF Analysis: Medium-Term Downtrend Signals ContinueForex

USD to CHF Analysis: Medium-Term Downtrend Signals Continue

The Swiss Franc (CHF) ranks second best-performing major currency against the Dollar on a one-month rolling basis, second to GBP.…

Japan’s record foreign trade deficitForex

Japan’s record foreign trade deficit

Japan’s foreign trade deficit rose to a record 21.73 trillion yen ($160 billion) in the 2022 fiscal year that ended…

Buying Dollar Rate Poised for Fifth Consecutive Weekly GainForex

Buying Dollar Rate Poised for Fifth Consecutive Weekly Gain

Expectations of Prolonged High-Interest Rates Boost Dollar The U.S. dollar is on the brink of marking its fifth successive week…

EUR/USD Investing Forecast: Euro Faces PressureForex

EUR/USD Investing Forecast: Euro Faces Pressure

The euro demonstrated gains in the EUR/USD investing session, driven by a slight increase in the euro area GDP report.…

Euro Exchange Rate Falls Amid US Retail Sales SurgeForex

Euro Exchange Rate Falls Amid US Retail Sales Surge

Strong US retail sales results surpass expectations, boosting GDP consumer spending outlook. Wall Street banks, including Goldman Sachs, adjust Q3…

Euro Rate Struggles as EUR/USD Bears Maintain ControlForex

Euro Rate Struggles as EUR/USD Bears Maintain Control

The Euro rate is navigating a challenging terrain as it strives to protect a corrective bounce from a five-week low.…