2021 and the Future: The Digital Russian RubleForex

2021 and the Future: The Digital Russian Ruble

After the news on the introduction of the Russian ruble by the end of next year circulated the market, Russia’s…

Trudging Risk-off Sentiment is not Supportive of the Dollar

The successive developments in the market all turned out to be in favor of the US Dollar.  From the emergence…

The US Dollar Managed to Gain but New Strain ThreatensForex

The US Dollar Managed to Gain but New Strain Threatens

After successive setbacks in the prior weeks, the dollar finally managed to record gains after breaching the 90-point threshold in…

All Eyes on the Pound as Brexit, New Virus Variant Weighs

Investors are closely monitoring the pound as the United Kingdom experiences successive blows from Brexit and the Covid-19. In the…

Dollar Clinches a Conservative Hike in its Worst WeekForex

Dollar Clinches a Conservative Hike in its Worst Week

The dollar is ready to end today’s session with a hike. However, its remains trading in the red after clinching…

Renminbi Traverses Towards a New Level of ResistanceForex

Renminbi Traverses Towards a New Level of Resistance

The renminbi is likely to pause from making further gains after hitting the 6.5 exchange threshold against the USD. This…

Dollar’s Movement is Heavily Reliant on Stimulus, AgainForex

Dollar’s Movement is Heavily Reliant on Stimulus, Again

The US dollar is following the downward trajectory as the market’s focus shifts on the developments of the stimulus package…

US Dollar Flat after Sinking to 2018 LowForex

US Dollar Flat after Sinking to 2018 Low

The US Dollar continues to receive the heavy blow brought by the successive developments in vaccination throughout developed countries. The…

Pound Finds Boost from Brexit Deal ExtensionForex

Pound Finds Boost from Brexit Deal Extension

With the agreed extension on the post-Brexit deal deadline, the pound finds support to start the week right. In the…

Turkish Lira in Danger with the Looming US SanctionsForex

Turkish Lira in Danger with the Looming US Sanctions

The lira is poised to enter another difficult phase as the United States prepares its sanction against its NATO ally.…