News

Oil prices turn lower as the US dollar rises

  • 24 September, 2021
  • 5:36 pm EEST

Oil prices turned lower, during trading today, Friday, with the strength of the US currency, but crude is heading to achieve gains for the third week in a row, after a noticeable increase during the past 3 sessions. Crude prices…

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European Forex news roundup: Cryptocurrencies fall as a result of China’s crackdown, while equities fall.

  • 24 September, 2021
  • 5:15 pm EEST

European Forex news roundup: Cryptocurrencies fall as a result of China's crackdown, while equities fall. Forex market news from the European trade session on September 24, 2021 The day began with more skepticism in general, but stocks are witnessing a…

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Dollar hovers above one-week low as Evergrande questions persist

  • 24 September, 2021
  • 12:16 pm EEST

The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer China Evergrande Group. The yen fell to…

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South Korea raises electricity prices for the first time in 8 years Coinciding with the rise in oil prices

  • 23 September, 2021
  • 3:42 pm EEST

The high demand for electricity and its record levels pushed South Korea to raise electricity prices, amid expectations of a deficit in the country, with the start of recovery from the effects of Corona. The government-run Korea Electric Power Corporation…

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European Forex news roundup: Risk assets rally but remain under pressure, while the Bank of England supports pound gains.

  • 23 September, 2021
  • 3:18 pm EEST

European Forex news roundup: Risk assets rally but remain under pressure, while the Bank of England supports pound gains. Forex market news from the European trade session on September 23, 2021 A cautious start rapidly evolved into a risk rally…

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