UK PM Boris Johnson says he will resign
UK PM Boris Johnson says he will resign After several of high profile cabinet member. Resigned, PM Boris said he will resign from his current positions, until the new leader, who will take place on. Next month till than he will stay on his current position. On press conference Boris said he will step down […]
Energy sanctions are being considered by the EU as a response to Russia’s war crimes in Ukraine
Energy sanctions are being considered by the EU as a response to Russia’s war crimes in Ukraine The European Union denounced the massacre of innocent citizens by Russian soldiers as they retreated from Ukrainian cities on Monday, threatening a fresh round of harsh measures on Russia in the coming days, including possible sanctions against Russia’s […]
The USD/CNH remains under pressure at $6.3600 as China news joins the continuing of Ukraine-Russia discussions
The USD/CNH remains under pressure at $6.3600 as China news joins the continuing of Ukraine-Russia discussions USD/CNH is down for the third day in a row after reversing from a five-month high and the 200-day moving average. Nonetheless, the price shows minor losses around the 6.3600 mark during Thursday’s Asian session. The offshore Chinese yuan […]
XAU/USD is approaching $1,935 as a result of China’s commodity woes and Ukraine concerns
XAU/USD is approaching $1,935 as a result of China’s commodity woes and Ukraine concerns Gold (XAU/USD) re-establishes an intraday low around $1,942, down 0.45 percent on the day, as COVID-19 concerns about China add to the yellow metal’s recent weakness during Tuesday’s Asian session. Bears are also aided by mixed concerns about the Russia-Ukraine crisis, […]
Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies
Dollar Up, Euro Down as Russian Invasion of Ukraine Intensifies The dollar was up on Friday morning in Asia, but the euro was set for its worst week versus the U.S. currency in nine months. The Russian invasion of Ukraine and the resultant higher commodities prices continue to drag on expectations of European economic growth. […]