Forex News

Export Retention Standardized for All Sectors by RBZ

The Reserve Bank of Zimbabwe announced on August 21 that it had set the threshold for foreign currency retention at…

4 years ago

Dollar Moves Higher Due to Positive Sentiments in the Currency Markets

The dollar moved higher today, snapping a seven week-long losing streak. It was supported by stronger jobs data and global…

4 years ago

No Consensus by Lawmakers on U.S Fiscal Package—Dollar Takes A Hit

As U.S lawmakers, the Republicans and the Democrats fail to reach a consensus on the way forward for an economic…

5 years ago

Pressure on the Dollar as Vaccine Hopes Rise High

The dollar came under sustained pressure as a fiscal package to rescue the economies in the European Union and the…

5 years ago

Euro Hovers Near Four-Month High as Sectors Aims at the EU Summit

On Monday, the Euro climbed almost four months up from the dollar. As the investors, expected the European leaders crack…

5 years ago

Hopes of a New Vaccine Pushes the Dollar to a One-Month Low

On Wednesday, the currency markets saw a revival of the risk sentiment as the steady progress towards the COVID-19 vaccine…

5 years ago

The Crude Oil Stocks Saw a Rise Due to Global Stocks Recovery

The global oil demand fell by a record of 9.3 MB/d in April 2020. This was primarily due to the…

5 years ago

How are US-China Tensions Affecting the Asian Stock Market?

A quick overview of Asian indexes The shares in the Asian market did not perform well this week and fell…

5 years ago

The U.S. Dollar Starts the Week on the Back foot

The USD was decreased in Asian markets on Monday, with analysts looking at expected worldwide economic results, and US corporate…

5 years ago

The Volatile US Stock Market Traits Amidst Pandemic

The recent pandemic has been the most devastating thing that every single trade has experienced. Every business got impacted by…

5 years ago