Shocking Data Drags Yuan to A 3 Months LowForex

Shocking Data Drags Yuan to A 3 Months Low

An unexpected rate drop by China’s central bank on Tuesday caused fears about slowing economic development. Meanwhile, the yuan had…

After China’s Rate Cut, The Dollar Takes Back StrengthForex

After China’s Rate Cut, The Dollar Takes Back Strength

Due to its perception of a safe haven, the U.S. dollar increased in early European trade on Monday. Meanwhile, the…

Dollar Maintains Stability; Is There a Hike Coming Our Way?Forex

Dollar Maintains Stability; Is There a Hike Coming Our Way?

The dollar remained stable ahead of the recent U.S. data. The data anticipates a small moderation in the high inflation…

Australia’s consumer sentiment falters in AugustEconomy

Australia’s consumer sentiment falters in August

Australia’s consumer sentiment tumbled in August as interest rate hikes combined with the surging prices weighed on the national mood.…

Will Asian Currencies follow Euro’s Sinking Path?Forex

Will Asian Currencies follow Euro’s Sinking Path?

On Monday, the dollar climbed on predictions that the Federal Reserve will raise rates at a rapid pace next month.…

Dollar Increases As Fed Announces Hawkish PoliciesForex

Dollar Increases As Fed Announces Hawkish Policies

Early on Wednesday in European trading, the U.S. dollar increased slightly, holding onto gains made overnight because of heightened geopolitical…

Will The Euro Ever Reach Its Previous Strength?Forex

Will The Euro Ever Reach Its Previous Strength?

The dollar maintained steady ahead of an anticipated U.S. interest rate rise later in the day, while the euro nursed…

Record Breaking Movement: The Dollar Near Two-Decade HighForex

Record Breaking Movement: The Dollar Near Two-Decade High

As traders sifted through a plethora of earnings and data on Tuesday in search of hints about the direction the…

Euro at Extreme Lows, Will the Dollar Be Next?Forex

Euro at Extreme Lows, Will the Dollar Be Next?

Early on Wednesday in European trading, the U.S. dollar dipped slightly as demand for the euro increased in anticipation of…

Retail Sales and Michigan Sentiment Data Pushes Dollar up   Forex

Retail Sales and Michigan Sentiment Data Pushes Dollar up  

The likelihood of a significant interest rate hike in July has decreased, and the U.S. dollar increased somewhat in early…