Category: Forex news

The euro lost post-French election gains on Tuesday. It tumbled down against the strengthening dollar, which rallied thanks to high bond yields ahead of U.S. inflation data. Analysts expect the latter to reinforce bets on

After years of strengthening overseas production and supply chains, Japan’s manufacturers now see less advantage from a softer currency, company officials and economists express. The economic pain from a weaker yen has become stark now.

The Euro seemed set to rebound from a seven-day losing streak against the U.S. dollar on Monday. The common currency surged forward after Emmanuel Macron beat far right challenger Marine Le Pen in France’s first

The U.S. dollar index skyrocketed to 100 for the first time in almost two years on Friday. The prospect of a more aggressive pace of Federal Reserve interest rate hikes supported the currency. As a

The U.S. dollar surged forward on Thursday, heading towards a two-year high against a basket of major currencies. The Federal Reserve’s meeting minutes showed the agency is preparing to move aggressively to fight inflation. Unlike

Enacting gold parity was standard practice by the world’s major powers for facilitating international trade payments in the era of the gold standard in the 19th and early 20th centuries. The same was established slightly

The euro firmed on Wednesday after plunging to its lowest level in a month against a strengthening greenback. The upcoming French presidential election and the prospect of new Western sanctions on Russia added to pressure

On Tuesday, the euro traded in the red while the Swiss franc and the Swedish crown rallied. The upcoming French election, along with the chance of more sanctions against Russia, unnerved investors. French financial markets