News

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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Oil prices rise amid indications of a decline in US inventories… and Brent crude above $ 75

• 22 September, 2021
• 4:29 pm EEST

Oil prices rose, during trading today, Wednesday, and Brent crude jumped above $ 75, affected by data issued by the American Petroleum Institute indicating a significant decrease in US oil inventories. Oil prices rose by more than a dollar to…

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Evergrande is in the driver’s seat in Asia Forex news.

• 22 September, 2021
• 3:13 pm EEST

Evergrande is in the driver's seat in Asia Forex news. On Wednesday, September 22, 2021, forex news for Asia trading will be : The currency day started slowly, with a little decline in yen crosses as USD/JPY fell below 109.20…

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