Markets News

Strengthening of Pound against Euro is Fueled by Worries Over Intensified Ukraine-Russia War

While there were concerns that the conflict in Ukraine was about to escalate dramatically, experts cut their projections for the…

2 years ago

Euro Could Appreciate on Rate Disparities Between the Fed and the ECB

The euro declined against the greenback to 1.1315 Friday following the report of solid US existing home sales data for…

2 years ago

Euro Declines As Lagarde Warns Against Rapid Rate Hike

The euro fell versus its main equivalents during the European session Friday, in response to remarks from the ECB (European…

2 years ago

Euro May Gain Further Ground on Short Squeeze

The US dollar strengthened against most of its main competitors on Friday after the Labor Department reported that US employment…

2 years ago

Dollar Retreats After Release of US Personal Income & Spending Data

The US dollar reversed prior gains against its peers Friday, as anticipation for a rapid tightening of monetary policy by…

2 years ago

Canadian Dollar could Rebound on Rising Expectations of Rate Hike, Despite Weak Nov Retail Sales

On Friday, the Canadian currency fell beyond $1.25, its lowest level since January 14th, as investors flee risky investments.Softer-than-anticipated earnings…

2 years ago

Fed Rate Hike Worries Keep the Euro Weak Despite Overwhelmingly Positive ZEW Economic Sentiment Data

The euro fell against almost all of its main competitors during European session mood of risk aversion prevailed in the…

2 years ago

US Dollar Index Rebounds from 2-Month Lows Despite Weak Retail Sales Data

After a series of significant declines in recent trading sessions, the US dollar recovered little ground in Friday's trade. The…

2 years ago

Euro Declines on Fed Rate Hike Expectations, Contradicting Eurozone’s Pandemic Low Unemployment Rate

In European trade on Monday, the euro sank versus its most important rivals, as European markets fell before the release…

2 years ago

US Dollar Strengthens on Upbeat ADP Non-Farm Data and Safe Haven Asset Demand

The US dollar strengthened against its main rivals on Monday, as an increase in coronavirus infections throughout the world boosted…

2 years ago