Dollar Rose Ahead of The Release of Key Economic Data
The U.S. dollar surged on Tuesday, recovering from a one-month low. Still, gains are small ahead of the key…
Weekly news summary for May 28 to June 3, 2021
Friday, May 28, 2021: Biden Reveals Details on $6T Budget Proposal
US President Joe Biden on Friday revealed a…
The euro held at an eight-week top against the dollar
The euro held at an eight-week top against the greenback despite a disappointing sentiment survey in Germany.…
Bitcoin analysis for April 19, 2021
Looking at the chart on the hourly time frame, we see that Bitcoin had a huge drop yesterday to $ 53,700, followed by a rapid…
Weekly news summary for March 19 to 25
Friday, March 19, 2021: Chinese Equities Weakened on Tough US-China Talks
Chinese equities edged lower on Friday, with the…
Speculators give in to the dollar's strength
The US dollar wavered near a four-month high on Monday after Turkey's President Tayyip Erdogan surprised investors over…
EUR/USD forecast for March 22, 2021
Looking at the chart on the weekly time frame, we see that the EUR/USD pair found support at 1.18000 at a very important level…
Turkish Lira collapsed after Erdogan's decision
The Turkish Lira collapses on the currency markets, losing more than 15%. This comes after President Recep Tayyip…
Chinese Yuan was Flat Against Dollar. What about the Yen?
The offshore Chinese yuan was flat at 6.5716 against the dollar, on Friday. However, the Chinese yuan…
U.S. Dollar Inched Forward on Friday. What About the Euro?
The U.S. dollar index traded at 92.306 on Friday, rising after Thursday’s low of 92.236. However, it was…
New Concerns About the Turkish Economy
The rise of the US dollar and rising unemployment in recent months have created new economic conditions for Turkey. The…