Tag: Forex

Markets have been volatile this month due to the Fed’s hawkish attitude aiming to fight inflation and a company earnings season that’s uneven. Volatility could be continuing this week as the Australian, UK and European Central Banks will be holding meetings to make their policy decisions in the following days.

The Fed’s monetary policy decision due this week, the tense geopolitical situation in Eastern Europe and the medical optimism over the decrease in coronavirus cases are the leading driving forces behind the movements of this week’s start. US Dollar The dollar advanced on Monday morning in Asia. The increasing tensions

The People’s Bank of China lowered interest rates while the economies in the rest of the world are planning on moving the opposite way. The pandemic is still looming over global economies. China Cuts Interest Rates The People’s Bank of China cut two key interest rates for the first time

With the Fed’s decision to increase interest rates, the NFP coming in lower than anticipated and the Omicron variant of Covid-19 rapidly roaming the globe, the markets are experiencing increased volatility. NFP Less jobs than expected were added in December in the U.S. The job addition was forecast at 400K,

The dollar traded higher on Monday morning in Asia while many major Asia Pacific markets, including the Japanese, Chinese, Australian, and New Zealand markets are shut due to holidays. U.S. equity futures went up while Asia Pacific shares were mixed on Monday morning. Trading for some markets was low on

Omicron is casting a shadow over global markets and is proving to be one of the major forces moving the markets during the 2021 holiday season. U.S Dollar The U.S. dollar went up and was trading close to its highest point in 17 months against other major currencies today, Monday.