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US Dollar remains close to 20-year high as Central Banks tighten policies

Most Asian shares dropped while Wall Street futures slightly rose today, Monday, as investors worry about tightening monetary policy pushing economies into recession. Chinese blue chips rose 0.5% as they were possibly boosted by news that President Joe Biden could be removing some tariffs on China. Foreign Currency News The

Stocks Revive, US Dollar Declines as China Reopens

Stocks in Asia and US futures went up and seem to be recovering losses today, Monday, after China’s fewer Covid-19 cases prompted the easing of the local lockdowns. China is slowly getting back to normal with Shanghai planning to open on June 1, after a two-month lockdown, while in Beijing

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US Dollar Weaker, Other Currencies, Oil, Gold Rise

The US Dollar and US Treasuries retreated during the Asian session, today, Monday. Asian stocks traded mixed and were under pressure as China’s Covid lockdowns spark worries about the growth and outlook of one of the world’s biggest economies. Equities in Japan experienced a slight rise, Chinese tech stocks slid
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US Dollar Rises, Stock Markets Decline on Economic Growth Concerns

Stocks extended their losses and the US dollar climbed to 20-year highs today, Monday. The Asian stocks’ fall, and US stock futures’ decline was spurred by a “fresh” round of risk aversion emerging from high inflation, rate hikes, and economic slowdown concerns. US Federal Reserve The US Fed increased its

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Fed Rate Hike Expectations Push US Dollar Higher

US companies’ earnings have been mixed, the US dollar strengthens, oil and gold are dropping as investors expect the Fed to raise interest rates to curb inflation. In the meantime, the war in Ukraine and lockdowns in China keep looming over the markets affecting investors’ sentiment. Stock Markets Mixed financial
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US dollar stronger as investors weigh inflation, lockdowns, war

Investors’ sentiment continues to be affected by the Fed’s hawkish attitude, the Russian invasion-related commodity disruption, the possibility of an economic slowdown, and China’s lockdowns which threaten to further intensify supply-chain disruptions while further fueling inflation risks. US Treasuries US treasuries, stocks, and US equity futures fell today, Monday as
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Fed: Inflation is Temporary; Dollar, Oil, Gold Down

The new trading week starts with a weaker U.S. dollar and investors uncertain about inflationary pressures being temporary. New lockdowns are being imposed all around Europe while oil is down. U.S. Dollar The U.S. dollar fell on Monday morning in Asia. It remained lower than its longer-than-a-year high. Investors are

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What is a Cross-Currency Pair?

A cross-currency pair is a pair of two currencies that do not contain the US dollar (USD). The U.S. dollar might be the most liquid currency, but trading pairs that do not involve the USD can be an attractive option for investors. A Look Back in History A brief introduction
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Economic Recovery & Inflation Fears Move the Markets

Global stocks are entering the month close to new all-time highs, supported by the economic recovery from the coronavirus pandemic and high liquidity. Nevertheless, inflation fears and concerns that rising price pressures could lead central banks to cut support earlier than expected remain. The US dollar weakened while the yuan