As Congress looks to advance its $1.75 trillion spending package this week, wealthy individuals are already planning ways to avoid paying for it. Lawmakers are expected to vote on Democrats' social spending bill in the U.S. House of Representatives this week, laying…
Continue ReadingEuropean Forex news roundup: Dollar gains weaken, rates fall as further inflation data is released. Forex market news from the European trade session on November 15, 2021 The post-CPI swings from last week are taking a bit of a pause…
Continue ReadingGold prices declined in trading today, Monday, and fell from their highest level in more than 5 months, which they reached during the trading session of the previous session. This comes in conjunction with the stability of the dollar, which…
Continue ReadingOil prices deepened their losses to about 1.5%, during Monday's trading, under pressure from expectations of increased supplies and reduced demand amid rising energy costs. This comes as investors remain concerned about the strong dollar amid signs of accelerating inflation…
Continue ReadingThe dollar eased on Monday from an almost 16-month high versus major peers, as traders awaited fresh clues on Federal Reserve interest rate hike plans on the back of red-hot inflation. The dollar had been buoyant since Wednesday, when data…
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