March 15, 2022 9:44 am
AUD/USD sank to a fresh two-week low on Tuesday on concerns that coronavirus disruptions in China could hamper commodity demand. Prices of industrial metals, precious metals and agricultural commodities have registered considerable declines since their peaks, but not as steep as energy. The lockdown of the Chinese city of Shenzen and the imposition of a […]
Read moreMarch 14, 2022 9:34 am
USD/RUB remained mostly steady during the Moscow trading session on Monday, as markets were expecting the next round of negotiations between Russia and Ukraine due to begin at 10:30 a.m. Kyiv time (08:30 GMT). USD/RUB was 0.74% stronger to trade at 115.1000 in Moscow, while offshore, the currency pair was retreating 11.18% on Monday to […]
Read moreMarch 10, 2022 2:30 pm
The legendary Forex Expo with a 20-year history will take place in Cyprus once more to help professionals learn, share and celebrate the best strategies in the FX world. Visitors of the largest global interactive B2B event in Europe will meet Forex businesses, banks, brokers, liquidity providers, trading software developers, introducing brokers and white label partners […]
Read moreMarch 8, 2022 10:01 am
AUD/USD extended a pullback from recent 4-month peak on Tuesday, as sky-high commodity prices fueled inflation risks. Market players are beginning to perceive way too high commodity prices as a potential drag on global economic growth in a longer term. JP Morgan now forecasts a slowdown in global growth to 2.6% during the first six […]
Read moreMarch 7, 2022 9:41 am
The Russian Rouble plummeted to a fresh all-time low against the US Dollar in light offshore trade as trading on the Moscow exchange is due to be closed until March 9th for a bank holiday. The war in Ukraine and the severe sanctions imposed on Russia by the West have triggered a sharp sell-off in […]
Read moreMarch 1, 2022 9:30 am
AUD/USD registered a 1 1/2-month high on Tuesday, as the Reserve Bank of Australia kept policy settings intact, while Australia’s fourth-quarter trade performance proved to be less of a drag on the economy than initially expected. The RBA kept its official cash rate intact at a record low level of 0.10% for the 15th consecutive […]
Read moreFebruary 28, 2022 10:19 am
Russia’s Rouble plunged to an all-time low against the US Dollar on Monday after the West imposed a severe set of sanctions against Moscow, including sanctions on Russian currency reserves. The United States and allies on Saturday moved to block the access of some Russian banks to the SWIFT international payment system as further punishment […]
Read moreFebruary 22, 2022 9:41 am
AUD/USD, a liquid proxy for risk, was holding gains on Tuesday, as higher global commodity prices offset some investor concerns stemming from Russia’s incursion into eastern Ukraine. Russia’s President Vladimir Putin has ordered troops into two breakaway regions in eastern Ukraine after recognizing their independence. According to a Reuters report, a US official said the […]
Read moreFebruary 21, 2022 9:08 am
After two consecutive trading days of gains, USD/RUB came off a one-week peak on Monday on new hopes of a diplomatic resolution to one of the most perilous European crises in decades. According to an announcement by Macron’s office on Monday, the French leader has proposed to Biden and Putin a summit on “security and […]
Read moreFebruary 15, 2022 10:10 am
AUD/USD rebounded from a one-week low on Tuesday, supported by higher prices for Australia’s mix of commodities – from liquefied natural gas to iron ore. Meanwhile, the RBA policy makers will remain patient before hiking interest rates, the minutes of the central bank’s recent policy meeting showed. Still, Aussie gains were capped, as market players […]
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