News

The U.S. Treasury Secretary, Janet Yellen, said on Tuesday that the data from the Consumer Price Index for January showed progress in combating inflation despite the rise in housing costs, which pushed the index higher than economists…
Read More...

The dollar stabilized on Monday, as a holiday in most major Asian markets weakened trading at the beginning of the week. Despite the potential for a busy week, attention is turning to U.S. inflation data, seeking clues about when the…
Read More...

The U.S. dollar traded within a narrow range on Thursday as traders absorbed less pessimistic statements from policymakers overnight and looked forward to new economic data from the United States. Throughout the day, several speakers from…
Read More...

The US dollar slightly rose on Tuesday, approaching its highest level in about three months, while the Australian dollar lost its strength after an earlier session increase. A series of strong US economic data and statements from Federal…
Read More...

The struggling Chinese stocks saw their largest single-day gains in two years on Tuesday, and the yuan rose due to a series of signals indicating that authorities are strengthening their commitment to supporting declining markets. The…
Read More...

The dollar rose to its highest level in eight weeks against its major counterparts on Monday, as traders scaled back their bets on significant interest rate cuts by the Federal Reserve this year in light of the ongoing resilience of the…
Read More...

Federal Reserve Chairman Jerome Powell tempered expectations that the Federal Reserve would soon begin lowering interest rates, as he seeks more evidence that inflation in the United States is continuing to slow down. The Federal Reserve…
Read More...

Three informed sources on the activity of state-owned major banks in China stated that these banks were actively selling the dollar on Wednesday, leading to the stabilization of the yuan despite pressures in the currency trade amidst the…
Read More...

The US dollar remained within a narrow range against its major counterparts on Tuesday, as traders awaited the Federal Reserve's monetary policy decision this week, seeking clues about the timing of a potential interest rate cut. On the…
Read More...

Positive turns marked the financial markets on Monday, as stocks in Tokyo witnessed a robust performance, driven by the maritime, rubber, and pharmaceutical sectors. In the heart of the Japanese capital, the Nikkei 225 index rose by 0.84%…
Read More...