Markets News

New Zealand Trade Deficit Widens in September

Despite news of a larger-than-expected trade deficit in September, the New Zealand dollar continues to gain ground versus the Eurodollar…

3 years ago

Euro Plunges as Bundesbank Predicts German Economic Growth to Miss Prior Outlook

The Eurodollar plunged against the greenback today following the release of poor German Ifo business climate index data. The Eurodollar…

3 years ago

US Dollar Strengthens On Fed Chair Powell’s Confirmation of ‘Tapering’ by November

Due to the hawkish remark made by US Federal Reserve Chair Jerome Powell on the Fed's bond-purchasing program on Friday,…

3 years ago

Canadian Dollar Strengthens to 3-Month High on 18-1/2 Year High Inflation

Because of the overall weakening of the dollar and the fact that oil prices have stayed around multi-year highs, the…

3 years ago

UBS Analyst – Aussie Has Further Upside Left

According to experts, the Australian Dollar has been one of the best performing global currencies over the last week, and…

3 years ago

Australian Dollar Heading for 0.7620 Against the US Dollar

The Australian Dollar is the best-performing major currency at the dawn of the new week, a trend that corresponds with…

3 years ago

US Inflation Hits 13-Year High, While the Yen Records 3-Year Low

With inflationary pressures remaining strong in September, the dollar index recovered some of its earlier losses on Wednesday to trade…

3 years ago

Turkish Lira Records Fresh All-Time Low of 8.9982

The Turkish lira fell to a historic low of 8.97 per US dollar on worries about the legitimacy of monetary…

3 years ago

Swedish Krona Plunges 0.77% Against the US Dollar on Weak Economic Data

The USDSEK increased 0.0806 or 0.92% to hit a high of 8.8215 on Wednesday from 8.7409 in the earlier trading…

3 years ago

Russian Ruble Strengthens on Lifting of FY21 Growth Outlook & Plans to Increase Govt. Spending

The Russian ruble strengthened on Friday despite the report of a slowdown in Russia’s economic growth in August. The upward…

3 years ago