Omicron Fears and European Markets’ Slow StartForex

Omicron Fears and European Markets’ Slow Start

Concerns over the Omicron COVID version Should keep European equities down on Thursday. According to IG data, the UK’s FTSE…

Turkish Thunder is Gone, Lira Thunder Remains to RuinForex

Turkish Thunder is Gone, Lira Thunder Remains to Ruin

Turkey has been facing a currency deceleration for weeks now. At 0441 GMT, the Turkish lira traded at 13.6185 against…

U.S. dollar rises despite concerns over Omicron variantForex

U.S. dollar rises despite concerns over Omicron variant

On Monday, the dollar strengthened as the safe-haven yen, and Swiss franc fell, reversing some of Friday’s swings as governments…

Where are the Currencies headed? Regain or relapse?Forex

Where are the Currencies headed? Regain or relapse?

After the initial shock of Omicron’s discovery sent investors fleeing for cover last week, Asian currency markets steadied on Monday.…

After Turkey, other countries can face a currency crisisForex

After Turkey, other countries can face a currency crisis

Given the potential of increasing interest rates in the United States, Mark Mobius, a famous emerging markets investor, believes Turkey…

Turkish lira falls to its historic lowForex

Turkish lira falls to its historic low

On Tuesday, Turkey’s lira plummeted to a historic low of 13.44 to the dollar, a level previously unthinkable and far…

Lira in a 15% crash, Erdogan defends his policiesForex

Lira in a 15% crash, Erdogan defends his policies

Despite widespread criticism and requests to change direction, Turkey’s currency plunged more than 15% on Tuesday as President Tayyip Erdogan…

Dollar near 16-months high, euro further suffers from Covid Forex

Dollar near 16-months high, euro further suffers from Covid 

On Monday, the safe-haven US currency rose around a 16-month high against the euro, as concerns over the impact of…

Euro’s fall pushes dollar’s highForex

Euro’s fall pushes dollar’s high

On Friday, the dollar appeared set to register the second week of significant gains versus the euro. The traders bet…

FOREX-Dollar halts and hovers below the 16-month highForex

FOREX-Dollar halts and hovers below the 16-month high

On Thursday, the dollar hovered around its 16-month high in the Asian trade market, losing ground to the New Zealand…