Sometime in the last five or six years, it was a wonder how the Swiss National Bank could ever get out of negative interest rates and fuel inflation in the economy – just like...
Read More
1 Minute
1 Minute
China’s yuan set for biggest yearly loss since 1994
And that’s despite the currency’s strong recovery over the past two months, with USD/CNY peaking at 7.30 from late October to early November. The exchange rate above 8 is the worst performance of the...
Read More
0 Minutes
US DOLLAR TO PEAK AND THEN WEAKEN IN 2023 – CITI
Citi economists are looking for an end to the US dollar’s spectacular rally. CAD FURTHER BOOSTS USD STRENGTH MARKETS „We expect the 2021 USD rally to end sometime in 2023 and then reverse. That’s...
Read More
1 Minute
CHINA’S HEALTH OFFICIAL WARNS OF COVID SPREADING THROUGHOUT THE HOLIDAY SEASON
Wu Zunyou, chief epidemiologist at China’s Centers for Disease Control and Prevention (CDC), warned at a press conference on Thursday that Covid will spread during the holiday. ADDITIONAL REFERENCES „China’s provinces are at different...
Read More
1 Minute
USDCAD runs higher as oil fall/stocks fall/US yields move higher
USDCAD is up, helped by: Lower oil. Crude oil fell $1.69 to $77.86. Today’s high was $79.85 with , lower shares. Major indexes are lower for the day, with the NASDAQ down -0.80%. This...
Read More
1 Minute
European indices close mostly lower. UK’s FTSE 100 rises.
The main European stock indices finish the day mostly down. The exception is Britain’s FTSE 100, which rose on the day but is at an all-time high. Britain’s FTSE 100 rose 73.98 points at...
Read More
5 Minutes
How to Use a Currency Calculator to Stay Up-to-Date on Exchange Rates? What is currency calculator? Maximizing Your Budgeting Power with a Currency Calculator
A currency calculator, also known as a foreign exchange (forex) calculator or currency converter, is a tool that allows you to convert one currency into another. Currency calculators are typically used to determine the...
Read More
2 Minutes
AUD/JPY Forecast: Pulls Back to the 200-Day EMA Against Japanese Yen
At the same time, the Bank of Japan is doing everything possible to fight interest rates, so we want to pay attention to interest rates around the world. AUD/JPY is bearish during Thursday’s trade...
Read More
2 Minutes
GBP/USD Forecast: Gets Hammered After Slew of Central Bank Announcements
A lot of what we’ve seen in recent weeks has been traders waiting for the Fed to back off on tightening because they’re used to being spoonfed liquidity. on Thursday after the Bank of...
Read More
2 Minutes
Gold Forecast: Markets Continue to Grind Toward Big Figure
It is possible that the 200-day EMA will provide some level and is currently near the $1,762 level. The gold market is slightly higher during the Thursday session as we continue to see the...
Read More