Auto Trading Robot Reviews
On Wednesday, the US dollar recorded gains against a basket of its peers, as it held close to a high of two decades. Investors shifted their focus towards the speech of the Federal Reserve chairman, Jerome Powell, on Friday for new clues about how aggressive they would be against their inflation battle. Hawkish expectations Traders … Read more
On Tuesday, the dollar moved back from a high of two decades against the euro, after data showed that activity in the private sector of the US had been weaker than expected in August. This prompted bets that the US Federal Reserve may decide to be less aggressive in its monetary policy tightening. Dollar index … Read more
On Tuesday, the euro declined to a low of two decades, as it was dealt yet another blow because of renewed worries about an energy crisis keeping inflation elevation. This would eventually make an economic recession certain in Europe. Meanwhile, there was a drop in the Chinese yuan to a low of two years and … Read more
On Monday, the sterling declined to its lowest value against the dollar since mid-July, as a summer of strikes and surging energy prices highlighted the cost of living crisis in the United Kingdom. It also ended up intensifying concerns about another slowdown in the economy. Sterling falls Due to worries about the surging inflation in … Read more
On Friday, the US dollar index record its biggest gain in a week since April 2020, as the currency touched a high of five weeks. This was after investors adjusted their expectations about the US Federal Reserve continuing to increase interest rates in order to curb inflation. The Fed’s stance On Thursday, several officials of … Read more
On Wednesday, the Russian ruble climbed against the euro to an almost one-week high, as volatile trading saw the Russian currency and stocks swing wildly. This was primarily because oil prices dropped to a low of six months, but the ruble was held by the possibility of upcoming tax payments that tend to give demand … Read more
This week, the US dollar did not change much against a basket of its major peers, as investors shifted their focus toward minutes of the Fed’s previous meeting and US retail sales data due on Wednesday. The bounce back Last week, the US dollar had declined to lows of six weeks, but the currency has … Read more
On Monday, the safe-haven US dollar recorded gains, after a new batch of economic data from China turned out to be disappointing. This bolstered worries of a global recession, while the surprise reduction in lending rates by the People’s Bank of China (PBoC) saw the Chinese yuan weaken. Chinese data The retail sales, industrial output … Read more
On Monday, the Russian ruble recorded declines against the US dollar and slid past 61. This was after Russian companies began converting depository receipts to local shares. It was also because foreign investors from countries that have been designated as ‘friendly’ were able to make a return to the bond markets. Decline in ruble There … Read more
On Thursday, the US dollar index climbed to a high of one month, as officials of the Federal Reserve talked about the need for more interest rate hikes. Meanwhile, investors were also reevaluating the minutes of the July meeting of the US central bank released on Wednesday as being more hawkish than assumed previously. Borrowing … Read more
