When it comes to understanding how the currency market operates, knowing what is going on around the world is vital. The […]
Dollar stumbles after economic data
In an unexpected move in the financial markets, the dollar (USD) experienced a drop this Thursday after the release of […]
Dollar loses value in trading
In Wednesday’s currency market, the dollar is trading lower in Europe, though it remains close to its highest levels in over […]
The dollar rallied to a five-month high
The dollar (USD) reached its highest level in five months on Tuesday, as stronger-than-expected economic data caused investors to halt […]
The US Federal Reserve Holds Rates Steady
The US Federal Reserve (Fed) decided on Wednesday to hold interest rates in the 5.25% to 5.50% range for the […]
The dollar rises in value and other currencies react
The US dollar (USD) gained value against other currencies on Wednesday in Europe ahead of the Federal Reserve’s (Fed) latest […]
Reserve Bank of Australia Holds Interest Rate
In its recent Tuesday meeting, the Reserve Bank of Australia (RBA) maintained the cash rate at 4.35% and the interest […]
Bank of Japan raises interest rates for the first time in 17 years
On Tuesday, the Bank of Japan (BoJ) decided to raise its short-term benchmark interest rate to 0.1%. This is the […]
Eurozone Inflation Moderates in February
Headline inflation in the euro area moderated by nearly two-tenths in February on a year-over-year basis, reaching 2.6%. The core rate, which […]
China’s economic growth exceeds expectations
China’s latest economic data for January and February 2024 have exceeded analysts’ estimates. Notably, retail sales rose by 5.5%, surpassing […]