The dollar will plunge, Yale University economist warns
Roach forecasts 35% drop against other major currencies. Investors will be discouraged by massive U.S. budget deficit of the American government, which could reach...
The US dollar dropped against the yen and the Swiss franc
The US dollar has been through the deepest loss against the yet, when it fell in 1,1% in the beginning of the week. The...
The Euro stronger against the USD due to the European Central Bank
The Euro reached its 12-week maximum against the American dollar right after the European Central Bank strengthen its stimulus package for the eurozone economic...
New York shares increase. Nasdaq approaches its pre-pandemic levels
American shares significantly increased even during Wednesday. Tech index Nasdaq rose over 9,500 points – only one tenth under its 2020 record-high level from...
The pound slumped against the dollar and the euro on Thursday
The pound was affected by the current value of purchasing managers index (PMI), mapping the economic activities in key sectors of national economy. In...
British pound lost against dollar due to Trump
Since Donald Trump stated that some trade restrictions on Chinese goods could return, tensions between the U.S. and China escalated
In a reaction, investors began...
British pound dropped against dollar and euro
The optimism was premature
On Wednesday, the British pound dropped to its month low against the American dollar and the Euro. Investors realized that their...
British pound recovers from more than 2-month low
British pound began to recover during Monday trading, following last week’s 2-1/2 month low against dollar
The pound was worth 1,32 against the dollar between...
Dollar and yuan remain strong
American dollar remains strong thanks to promising perspectives of American economy. Chinese yuan grew to its highest in last 6 months
The world’s strongest economy...
BNP and JP Morgan to set up currency trading hub in Singapore
Unlike current global currency trading, the hub will be electronic platform enabling up to 50 currency trading including derivatives.
French bank BNP Paribas plans to...
