The Ups and Downs of the Greenback Pendulum The Greenback pendulum swings again. Against all the other majors and commodity pairs, the US Dollar index surged at a meteoric pace, and in August 2022, it…
Forex News
Eur/Usd Parity – Where to From Here?
Eur/Usd Parity Horizon As early as April, the avalanche of storm clouds began to appear on the Eur/Usd parity horizon. I wrote in previous articles that the energy crisis, out-of-control inflation, and fast-rising interest rates…
USD/JPY Struggles Under Pressure
USD/JPY Aims Towards The 114.00 Level And Below Last week, the USD/JPY was left struggling under renewed pressure. The news out of Tokyo and the review of a COVID-19 stimulus package helped a relatively smooth…
Greenback Soars, Kiwi and Aussie Decline
Greenback Soars – Best Performer of the Week The Greenback soars into the new week and could look to maintain top position as Powell is expected to speak later this week. The US Dollar Leads…
Kiwi Takes Top Spot Amidst Incoming Rate Hike Rumors
Kiwi Outperforms Other Major Currencies This week, the New Zealand dollar (Kiwi) was the top performer as speculations arose that the Reserve Bank of New Zealand could increase rates soon. Kiwi Top Performer The New…
Covid Fears Increase, Safe-Haven Demands Surge
Safe-Haven As traders look to safe-haven currencies, the USD, Japanese Yen, and Kiwi Dollar were the benefactors of today’s bearish market sentiment. Covid fears grip the markets once again as the Delta variant weighs in…
US Dollar Rallies; Gold, Crypto and Oil Prices Declining
US Dollar Performs Excellently The greenback performed excellently last week despite the massive decline in prices in the cryptocurrency markets and other commodities like oil and gold. Greenback Outperforms Other Major Currencies The US Dollar…
Swiss Franc Endures a Tough Week
Swiss Franc Loses Value Against Major Competitors The Swiss Franc (CHF) was one of the underperforming currencies in the world this week, despite the intervention of the Swiss National Bank to keep the value of…
Coronavirus Outbreak and Oil Price Decline Affects Major Currency Prices
Coronavirus Outbreak Sees the USD Slide and then Rally The US Dollar and other major currencies have been having a tough couple of days due to the harmful economic effects of the Coronavirus pandemic and…
Pound Sterling Dominates November as Brexit Talks Take Center Stage
Brexit Talks Push Pound Sterling Higher The UK is set to hold its general elections on December 12, with analysts expecting it to play an essential role in Brexit talks, which has helped push the…
