Forex Market

Uptos Review

Uptos Review

UPTOS REVIEW GENERAL INFORMATION Broker Name: UPTOS Broker Type: forex Operating since year: 2019 Regulation: YES Address: St. Vincent, Ratho Mill, VC0000 Kingstown St.Vincent & Grenadines Broker status: Forex CUSTOMER SERVICE Phone: +18552962786 Email: [email protected] Languages: English, Italian, French Availability: 24/5 TRADING Trading platforms: MT5 Trading platform Time zone: N/A Demo account: N/A Mobile trading: …

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Safe-haven currencies soared on Monday due to Omicron fears

Safe-haven currencies soared on Monday due to Omicron fears

 The safe-haven currencies rallied on Monday as investors favored them over riskier ones. Market players feared that the governments might impose further curbs in Europe to hinder the spread of the Omicron coronavirus variant. Furthermore, the U.S. Federal Reserve’s hawkish stance supported the greenback.  After observing last week’s slew of major central bank meetings, traders …

Safe-haven currencies soared on Monday due to Omicron fears Read More »

U.S. dollar declined as the Fed adopted a hawkish stance

U.S. dollar declined as the Fed adopted a hawkish stance

The U.S. dollar traded under pressure on Friday. The European Central Bank and the Bank of England adopted more hawkish stances than forex markets had expected, boosting the euro and sterling. However, concerns about the Omicron coronavirus variant soured sentiment, pushing the risk-sensitive Australian dollar in the red and bolstering the safe-haven Japanese yen. The …

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Euro and Sterling rallied Thursday while dollar backpedaled 

Euro and Sterling rallied Thursday while dollar backpedaled 

The Euro and British Pound rallied on Thursday. Investors are waiting for the ECB and Bank of England monetary policy meetings. Meanwhile, the U.S. Federal Reserve has already unveiled its tightening plans. Traders will know the outcome of the European Central Bank meeting at 1245 GMT and the Bank of England’s at 1200 GMT.  On …

Euro and Sterling rallied Thursday while dollar backpedaled  Read More »

The dollar firmed, while Lira and EM currencies declined 

The dollar firmed, while Lira and EM currencies declined 

The U.S. dollar was steady on Wednesday while traders waited to see if the U.S. Federal Reserve would meet market expectations for rate hikes in 2022. The agency’s policy statement and economic projections will come later today.  Investors have been betting for the Fed to end its bond-buying around March. Afterward, the agency will likely …

The dollar firmed, while Lira and EM currencies declined  Read More »

U.S. dollar declined Tuesday while Euro and Sterling rallied

U.S. dollar declined Tuesday while Euro and Sterling rallied

The U.S. dollar traded a bit lower from a one-week high on Tuesday against a basket of six major currencies. Investors expect the Federal Reserve meeting to be hawkish. Uncertainty about the Omicron Covid-19 variant had prompted market players to move on the safe-haven greenback, but optimistic news somewhat decreased demand. Data on U.S. factory …

U.S. dollar declined Tuesday while Euro and Sterling rallied Read More »