Forex

Swiss sight deposits are money that commercial banks park with the central bank overnight.

The US dollar plunged in Asia on Monday.

Possible global recession triggered a surge in demand for the US dollar.

Why you should save money Why save? Even with a relatively large income, you should be careful not to spend all of your money at once. You may be tempted to use up…

The Australian dollar plunged 3% against the US Dollar on Thursday.

Pound to euro weakens more because the pandemic remains its biggest focus as the exchange rate outlook goes to near half-year worst.

The US dollar has managed to rise on Tuesday, benefitting from demand from traders after a lackluster Monday trading.

Morgan Stanley strategists suggested the time has come to sell the US dollar.

Norwegian Krone plummeted 9% on FX Market Thursday following COVID-19 outbreak and the sharp dip in oil price. Economic indicators in Norway are following the oil…

US stocks dropped due to public disappointment on Trump’s stimulus measures.

European Central Bank is expected to offer economic stimulus in the light of COVID-19 outbreak.

The Bank of England cuts interest rates to counter the impact caused by COVID-19.

The Russian ruble plummeted almost 10% due to falling oil prices.

CAD falls in the forex market as crude oil prices downtrends with the Dow Jones and S&P 500.

Sensex upsurges after policy makers pledge. Recent global policy responses to the outbreak have boosted Asia stocks’ performance.

The British pound strengthened further against the US dollar and the euro on Thursday.

The forex market was energetic after the US Federal Reserve decided to cut interest rates by half a percentage point.

Safe-haven currencies are seen gaining altitude in sessions this Tuesday’s trading in the FX market.

Experts are debating whether the Reserve Bank of Australia (RBA) will cut its official interest rates tomorrow.

The coronavirus is weighing heavy on the GBP/USD pair today as the Federal Reserve announced possible cuts in interest rates.