Pound loses post BOE-glow on Omicron fears

Pound loses post BOE-glow on Omicron fears

The British pound fell to a three-day low on Monday, struggling to hold above $1.32 against the dollar as a risk-off mood swept through financial markets and as pressure grew on policymakers to slow...
December 20, 2021 at 08:47 pm IST
Sterling edges down to near 2021 low versus dollar

Sterling edges down to near 2021 low versus dollar

The British pound inched down on Friday to within striking distance of its 2021 low against the dollar, as the UK's pandemic curbs and weak economic data dampened expectations that the Bank of...
December 10, 2021 at 02:37 pm IST
Cryptocurrencies tumble as coronavirus variant shakes markets

Cryptocurrencies tumble as coronavirus variant shakes markets

LONDON -Bitcoin tumbled over 9% on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the...
November 26, 2021 at 06:18 pm IST
Dollar bounces back ahead of U.S. inflation test

Dollar bounces back ahead of U.S. inflation test

The U.S. dollar bounced back against major peers on Wednesday after weakening over the past three days with investors ramping up bets ahead of U.S. inflation data which may heap pressure on...
November 10, 2021 at 06:10 pm IST
Dollar hovers near one-month low as strong euro, stock rally weigh

Dollar hovers near one-month low as strong euro, stock rally weigh

The dollar hovered near its weakest level in a month against major peers on Friday, hurt by a stronger euro as traders bet on earlier European interest rate increases and as an equity rally sapped...
October 29, 2021 at 12:15 pm IST
'Perfect storm' lifts dollar over unsettled markets

'Perfect storm' lifts dollar over unsettled markets

NEW YORK -A grinding rally in the dollar is picking up speed, fueled by a hawkish tilt from the Federal Reserve, rising Treasury yields and concerns over the possibility of a drawn-out battle to...
October 01, 2021 at 03:30 pm IST
Bitcoin:  It's the quiet ones you have to watch

Bitcoin: It's the quiet ones you have to watch

As cryptocurrency fans know, Bitcoin's price can quickly move up or down based on the movements of large wallets held by a small community. Some experts estimate that about 1,000 wallets hold more...
Our Logo September 29, 2021 at 09:34 pm IST
Dollar hovers above one-month lows before payrolls test

Dollar hovers above one-month lows before payrolls test

The dollar hovered above one-month lows against major rivals on Friday, ahead of a U.S. jobs report that could spur the Federal Reserve to an earlier tapering of stimulus....
September 03, 2021 at 05:02 pm IST
Dollar jumps after Fed official's taper talk stirs markets

Dollar jumps after Fed official's taper talk stirs markets

NEW YORK -The dollar jumped from one-week lows on Thursday after a regional Federal Reserve president suggested a faster pace of reducing the U.S. central bank's asset purchases, comments that pushed...
August 26, 2021 at 08:13 pm IST
Oil slides to 3-week low on China's virus curbs, strong dollar

Oil slides to 3-week low on China's virus curbs, strong dollar

NEW YORK -Oil prices fell over 2% to a three-week low on Monday, extending last week's steep losses on the back of a firmer U.S. dollar and concerns that new coronavirus-related restrictions in Asia,...
August 10, 2021 at 01:06 am IST
British Pound / US Dollar (GBP/USD) :  British Pound/US Dollar (GBP/USD)

British Pound / US Dollar (GBP/USD) : British Pound/US Dollar (GBP/USD): Currencies: a forward-looking pound

Focus this week on the British pound, which has been enjoying a good period for several months while the prognosis was not really in its favor not so long ago, between the beginning of a catastrophic...
Our Logo June 09, 2021 at 08:14 pm IST
When to trade bitcoin? When Saturn crosses Mercury, of course

When to trade bitcoin? When Saturn crosses Mercury, of course

Bitcoin seems so flighty, some might argue you may as well consult a crystal ball, read the runes or stare at the stars to divine the direction of the capricious cryptocurrency. ...
January 14, 2021 at 01:26 pm IST
Forex overview:  The Coronavirus takes root in Europe

Forex overview: The Coronavirus takes root in Europe

The epidemic is spreading further, now striking the heart of Europe and prompting the World Health Organization to raise the risk of a pandemic.
Our Logo February 25, 2020 at 08:32 pm IST
Forex:  Overview- Easing coronavirus concerns and American Supremacy

Forex: Overview- Easing coronavirus concerns and American Supremacy

Between concerns and relief, investors remain very attentive to the development and potential impact of the coronavirus on the global economy. The hesitation waltz continues on foreign exchange.
Our Logo February 12, 2020 at 08:51 pm IST
Forex Review - Coronavirus and the monetary status quo

Forex Review - Coronavirus and the monetary status quo

Against the backdrop of the inaction of several major central banks in January, the risk to the world economy from the appearance of the Coronavirus in China has revived risk aversion and is once...
Our Logo January 31, 2020 at 06:58 pm IST
Forex:  Overview - Awaiting the FED, ECB and British elections

Forex: Overview - Awaiting the FED, ECB and British elections

While the volatility of the Euro had recorded record lows on the fringes of the Thanksgiving weekend, the foreign exchange market logically emerged from its torpor to offer more momentum to traders...
Our Logo December 10, 2019 at 09:23 pm IST
Daily price chart °4591

EURO / US DOLLAR (EUR/USD) : Draghi's latest

In addition to the expected status quo of the ECB, its President Mario Draghi has endeavoured, when drawing his revelation, to defend both his assessment and the institution’s current roadmap. The...
Our Logo October 25, 2019 at 12:12 pm IST
Daily price chart °4591

EURO / US DOLLAR (EUR/USD) : New rebound and key level

Despite statistical difficulties in Europe, the single currency is based on hopes for a rapid resolution of the Brexit and, above all, on a resolution to adjust monetary policy expectations, in order...
Our Logo October 21, 2019 at 09:15 pm IST
Forex:  Overview - week from September 30 to October 4

Forex: Overview - week from September 30 to October 4

After another bout of fever, the greenback is letting up on the exchange rate as the global slowdown no longer spares the world's leading power.Until now, Uncle Sam has been rather sheltered from the...
Our Logo October 03, 2019 at 08:21 pm IST
Daily price chart °4591

EURO / US DOLLAR (EUR/USD) : EDF/ECB, the big gap

Slowly but surely, the single currency continues to deteriorate, falling victim to the moroseness of economic statistics in the Monetary Union, which encourages wider divergences in monetary policy...
Our Logo October 01, 2019 at 10:43 am IST