Market News

US Dollar Gets strong as Corporate earnings grow in the market The corporate earnings of the US and China have made their currency strong. Traders were feeling high when they saw that the corporate earnings were running strong and the factors like US/China economic and trade situations were also going strong. All this news came

COP26 Event is Going to be Organized on 31st Oct For Environmental Welfare The prices of energy are rising that are affecting the economies in nations like Asia, North America, and Europe. COP26 is a two-week event that is going to begin on 31st Oct in the Glasgow city of Scotland. The United States Conference

Canadian Dollar Dropped its Growth, Traders Waiting for Bank of Canada Statements Traders are waiting for the bank of canada’s statement over the CAD. The Canadian dollar that was moving with high strength has dropped its progress in the last week of October. But despite heavy a weak week, the currency has got dominance over

USD/TRY Increases When Turkish Central Bank Delivers an Unexpected Large Cut USD/TRY has increased when central banks have released a large cut. It’s seen that the Turkish central bank has cut down the rates that it uses to lend money to commercial banks in the event of a paucity of funds. They have cut it

Mexican Peso Improves as USD/MXN Degrades and EMFX Became Strong USD/MXN was high for the previous six months till it got near 20.90 last week. It was a major breakdown for the currency pair, as nobody expected it because of its amazing performance in the past. It was challenging because energy prices went down in