Russian Ruble Reaches 60 Against Dollar While Stocks Rise
On Monday, the Russian ruble moved to 60 against the US dollar, as it received support from month-end tax payments, which increase the demand for...
Tesla’s Rival From China “Xpeng” Experiences A Plunge In Share Prices After Posting Earnings
Xpeng, which is the rival of Tesla in the Chinese electric vehicle (EV) market has recorded a plunge in share prices. The China-based EV manufacturer...
Dollar Rebound As Powell Remains Committed To Curbing Inflation
On Friday, the US dollar index recorded gains after a hawkish stance was taken by the US Federal Reserve’s chairman, Jerome Powell. While he was...
Sterling Climbs 0.5% With Dollar Taking A Breather
On Thursday, the Sterling was able to recoup some of its losses against the US dollar, but it was still close to a two and...
Sterling And Ruble Holding Steady Against The Dollar
On Wednesday, the Sterling was holding steady against the US dollar, above the low of two and a half years that it had reached a...
Euro Close To Two-Decades Low Again Over Growth Fears
On Wednesday, the US dollar was able to recoup some of the losses it incurred because of data and moved back towards recent peaks. As...
Sterling Slightly Up Against The Dollar After PMI Data
On Tuesday, the British Pound climbed against the US dollar, after the Purchasing Managers’ Index (PMI) data in the United Kingdom showed that there had...
Dollar Rises While Euro Comes Close To Parity
On Monday, the US dollar climbed across the board, pushing the euro below parity once more, with risk appetite took a hit with investors worried...
Turkish Lira Drops To Record Low Post Rate Cut
On Friday, the Turkish Lira fell to an all-time low, as traders continued to sell it after the surprise announcement on Thursday about reducing its...
Asian Forex Market Hit by Nervousness while Trading Value of Chinese Yuan
On the Monday trading session, the value of the Chinese yuan ended up hitting a two-year low. This happened as the central bank of China...
