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The dollar is trading flat as policy makers hope to control the inflation
FOREX The US dollar is trading flat at the beginning of Thursday’s session, with the index that measures its performance versus other major currencies remaining close to the two-decade maximum reached earlier in the month. The global mood reflects growing apprehension and determination to control inflation, with several major central banks giving account of their[…]
Brent prices fell as investors fear impact on global oil demand
OIL Brent crude prices fell during early Wednesday trading, as investors consider the prospect of a slowdown in global economic activity and how it may impact demand for oil. The price of the barrel had been rising for four consecutive sessions, gaining more than 7% due to supply-side pressures, as the withdrawal of Russian crude[…]
The dollar continue to retreat following Fed’s tightening policies
FOREX As early Tuesday trading gets underway, the US dollar is continuing its retreat from the highs reached earlier in the month. Market expectations over the path of the Federal Reserve’s tightening plan appear to have somehow shifted, as fresh economic data points at an incoming slowdown in activity. With commodity prices falling and recession[…]
