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Mixed Asia Markets Lead Nikkei Index To Suffer Losses

The Tuesday trading session has reportedly brought in mixed results from the Asian-Pacific market. It is the latest jobs data shared by the United States that has led the non-US markets to suffer from dips. The markets are still trying to digest the employment data that came out on Thursday. Although the US markets have … Read more

Elon Musk Drops Bad News For Cybertruck Enthusiasts And Investors May Not Like It

It has been a long time since Tesla fans have been faced with a test of their loyalty, and it is because of the ‘Cybertruck’. The long-awaited Cybertruck is still on the minds of many EV enthusiasts, as they have been wanting to get their hands on it. Unfortunately, Elon Musk keeps dropping one bad … Read more

Yen Set For Biggest Gains In 2 Years Ahead Of Pelosi’s Visit

The Japanese yen was on course for its biggest series of gains since March 2020 when the coronavirus pandemic had hit its peak. This was due to a boost in the appeal of safe-haven assets, as worries about a global economic slowdown intensified and China-US tensions surged over Taiwan. Dollar and yen There was a … Read more

Dollar Declines Against Yen As Recession Bets Rise

On Monday, the US dollar declined against the Japanese yen to its lowest level seen in almost six weeks, as investors raised bets that the US economy would slide into a recession with the aggressive interest rate hikes of the Federal Reserve. Interest rates to peak The traditional measures of recession like the yield curve … Read more

Gas Troubles Drag Euro Down

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On Tuesday, the US dollar recorded gains against a basket of other currencies, which saw it reverse course after recording declines for three consecutive sessions. This was because of a rise in fears of economic recession and investors looking forward to a statement from the Federal Reserve, while the euro was down because of energy … Read more

Turkish Lira Sliding Slowly And Seeking FX Relief

On Monday, the Turkish Lira slipped once more, as it continued its slide towards 18 against the US dollar. This was because of mounting concerns about the foreign exchange policy of the government with inflation soaring combined with worries of a global economic recession. Lira’s decline According to analysts, unless authorities are able to discover … Read more