EUR/USD accelerates decline below 1.1300 The EUR/USD exchange rate has been heavy this week. On Tuesday, it fell in the US and expanded in Asia. Now falls faster and reaches a few stops below 1.13. The US dollar sold in
EUR/JPY broke its eighth straight day of decline and is hovering around the 130.00 level The pair has been under pressure from an upward US dollar backed by inflation data. In addition, the adjusted decline in US Treasury yields also
No Rate Hike – RBA Gov Lowe The Reserve Bank of Australia board is evaluating the move as early as June next year for financial markets but continues to believe that a rate hike will not be necessary until 2024
China’s Retail Sales Growth Impact & Forecast The Chinese economy is going through a difficult time due to the spread of the novel coronavirus infection (COVID-19). Meanwhile, China faces serious challenges from soaring energy prices. Coal and natural gas prices
Rising Inflation Raised the Tensions of the United States Inflation is just rising unexpectedly and not dropping soon in the US. Economists have estimated that this price rise will not stay for long in the future. As per some residents
NZD/USD Weakens Even After Failing to Defend its November Opening Range NZD/USD is going weak despite its November opening range that was superb figures. The currency has broken down to defend the November opening range right now in the market.
Carmakers to Target $515B for Electric Vehicles & their Batteries Till 2030 The plans of spending more than half a billion dollars are there in the minds of the electric vehicle manufacturers till 2030. From a report given by Reuters,
Rivian Gears up for Nasdaq Debut, Tesla Bounces Back The electric car manufacturer Rivian is all set to make its debut on the Nasdaq today with the highest IPO, and the timings could not be more perfect than this. A
AUD/USD will Improve its Monthly Opening Range as Jobs in Australia Increases The currency pair of AUD/USD has downgraded as it failed to trade above 0.7548. The news coming from Australia may control the recent decline in the exchange rate
Travelers are Eagerly Waiting to Fly US as the Covid Restrictions Got Removed Travelers seemed excited to roam in the United States with their family, friends, and loved ones on Monday and were waiting to book their flight tickets. The
EUR/USD to recover soon after a slow down The currency pair EUR/USD will be soon back on track and will challenge its top figures of 1.1616 that were once achieved. The exchange rate is also expected to improve as the
USD/ZAR is Going to Stabilize as the Local Election Results Will be Clear The South Africans cast their votes yesterday in the 2021 municipal elections among the Eskom that will continue for the day. The votes will be calculated to
Social Distancing in South Korea Got Reduced to Improve the Economic Condition of the Nation The number of people that were limited to visit a crowded place for purposes like political rallies, social events, exhibitions, or weddings was increased to
CAD Rises that Makes it Safe to Spend On The week is going to be big for the global market because we are hearing a lot of reports out of the US and the macro calendar is loaded with Federal
The factory work expanded in china for the October month The pace of the Chinese factory activity got expanded in just four months during October that got limited by the strong demand. The power shortages have increased the costs that
EUR/USD will Raise More After Traders Ignore Dovish Lagarde EUR/USD saw a long-time low phase that went on to rise on May 25 and stopped for 1.2266. This went on low to 1.1524 on October 12. This lowering of the
Bank of Japan to Lower the Inflation, Backs Out their Project Funds The central Bank of Japan and the factory’s production in Japan has been affected a lot due to COVID-19. The monetary policy of Japan has been kept on
Australian Bond is on Destruction as GBP/JPY Gets a Boost at the End of this Month A boost was seen in the GBP/JPY yesterday. Traders were waiting for the Aussie bond market to rise when the RBA did not purchase
