UK prices on the fastest rate hike in ten yearsForex

UK prices on the fastest rate hike in ten years

According to the data, the cost of living in the UK has increased by roughly 4.2% in October. This is…

US Dollar on fall, will it bounce back?Forex

US Dollar on fall, will it bounce back?

The greenback has reversed the recent gains by dropping back to the 95.40 Tuesday in the US Dollar Index (DXY).…

Dollar near its 16-month high, waiting on Fed’s policyForex

Dollar near its 16-month high, waiting on Fed’s policy

The dollar remained near its 16-month high versus foreign peers on Monday, while the traders are still waiting for the…

Will the U.S. launch its virtual currency?Forex

Will the U.S. launch its virtual currency?

For a while now, different countries around the world have been experimenting with creating their digital currencies. Unlike the existing…

US inflation is catching up to the dollarForex

US inflation is catching up to the dollar

On Nov 11 the dollar hit 2021 highs against the sterling. On Thursday the dollar also rose above the euro,…

US inflation data is influencing the marketForex

US inflation data is influencing the market

After the release of macroeconomic data on Tuesday and the central bank speaking, major currency pairs are fluctuating in a…

A Brief Outlook on ForexForex

A Brief Outlook on Forex

On November 8th, The US Dollar Index, an index that measures the value of the dollar against a basket of…

China’s forex reserves on the rise after 4 months of declineForex

China’s forex reserves on the rise after 4 months of decline

According to data provided on Sunday China’s foreign exchange reserves in October rose every month for the first time since…

Dollar rises high, as sterling lags behindForex

Dollar rises high, as sterling lags behind

 The Federal Reserve’s decision on interest rate is still unknown. Due to this, the dollar was on its second straight…

Fed’s tapering of assets keeps the dollar on peakForex

Fed’s tapering of assets keeps the dollar on peak

As the traders are waiting for the Fed’s announcement on tapering of assets, the dollar value remains near recent peak…