Japan's Nikkei inches low ahead of today’s US Federal Reserve (Fed) monetary policy meeting in Wednesday Asian session. The US dollar is showing gains as investors looked towards a key Federal Reserve policy meeting to see if it would reinforce growing market expectations for earlier rate rises next year. Bank of Japan Governor Haruhiko Kuroda [...]
Introduction The currency which is acceptable all over the world for trading is called global currency. Few currencies of the world are acceptable as the most international transactions. The most popular of the few is the US dollar, Euro and yen stands next in the queue. As per the International Monetary Fund, the U.S. dollar [...]
British pound fell against the greenback during the Tuesday Asian session. The dampened market sentiment may be the reason behind the fall. First death linked to the omicron variant in the UK is the catalysts which dampened the market mood amid its fast global spread. As a response to increasing COVID-19 cases in the country, [...]
Euro is trading downside against the US dollar at the start of the week. The main driver of the EUR/USD pair may be the indecision over the next moves of the European Central Bank (ECB) and the US Federal Reserve (Fed). While the Market News Internation (MNI) cited sources to confirm further easy money policies [...]