USD Exchange Rates Steady As Fed Policy Meeting Nears
With the US Federal Reserve holding its two-day policy meeting this week, the dollar steadied on Wednesday in…
The yen against the dollar remained unchanged despite news that U.S and Japan had reached an initial trade tariff agreement. It wasn’t also clear whether the U.S…
The Iran-aligned Houthi group is sending shivers across the globe after its two attacks on Saudi oil refineries. This has seen the dollar slump after preceding week…
Trump’s move to delay planned tariffs on Chinese goods reduced tension between the two countries, caused the yen to fall, and boosted investor confidence in riskier…
The Chinese yuan and the Australian dollar dropped against the USD on Tuesday following the release of weak economic data. Positive China-US trade development sent…
Finance Brokerage – Monetary policy: Increasing monetary policy stimulus from the European Central Bank is escalating, as the bank’s meeting, this week comes closer.
Finance Brokerage – European central bank: The euro was slightly under pressure on Monday trading ahead of the European Central Bank’s meeting later this week.
Europe steals the limelight this week with traders expecting that the ECB meeting on Thursday will help drive the market in a better direction. This is after the…
Yuan to Weaken Further as US-China Trade War Deepens
Chinese: According to the Reuters poll of strategists, China will maintain a tight grip on the yuan, allowing…
The Sterling Makes Gains in the Foreign Exchange Market
The British Pound made some positive gains on Wednesday on the back of increased hope of a Brexit delay. As…
Pound Drops before Brexit Vote, Euro Weakens on Rate Outlook
UK Currency: The sterling came close to its weakest against the USD in more than two years on Tuesday.…