The dollar has reached near to its weakest level since early January as Treasury yields eased amid Federal Reserve insistence that stimulus will continue despite current inflationary pressures. Whereas New Zealand’s currency rose after the central bank said it would maintain stimulatory monetary policy settings until its inflation and employment targets are achieved. The RBNZ [...]
Pound is trading high taking benefit of US dollar weakness. Just like all other major currency pairs, the cable also seem to benefited from the dollar weakness while also taking the advantage of BOE policymakers’ optimism. While doing so, the currency pair ignores recent Brexit-negative headlines as the greenback remains under pressure. European Commission (EU) [...]
The answer for this question is sort of subjective rather than the replying it as objective as Yes/No. We can say yes but conditions apply. The Forex market is enormous. With $6.6 trillion traded on the currency exchange market worldwide every day, you'd think it would be easy to get rich by trading Forex ? With [...]
Japan has planned to extend virus emergency in Tokyo, 8 other areas beyond may 31st deadline according to the recent news. Japan declared a state of emergency in three more prefectures which were hit hard by the COVID-19 pandemic, Prime Minister Yoshihide Suga's a surprise move that reflects growing concern about the spread of the [...]
