The EUR/USD has started the week at 1.16, holding last week's losses. Concerns over China's Evergrande, uncertainties about US infrastructure, and inflationary concerns are all weighing on morale. Fed speakers are being considered. The EUR/USD pair is trading near the…
Continue ReadingAt a time when the UAE confirmed the decline in the strength of Cyclone Shaheen and its transformation into an air depression accompanied by medium and light rains on a number of regions of the country, oil shipments in the…
Continue ReadingEuropean Forex news roundup: The dollar falls amid mixed market conditions. Forex market news during the European trade session on October 4, 2021 In Europe, shares were mixed, with equities tilting to the downside amid fresh concern over Evergrande and…
Continue ReadingAs the NA session begins, the GBP is the strongest currency, while the USD is the weakest. It's the first day of a new month, but it's a Friday. It's a new month, so goodbye. Hello, September/hello, October - but…
Continue ReadingWhile the Fed reaffirms its commitment to full employment, some economists wonder how effective its bond purchase programme and low yields are in boosting the real economy right now. “At the beginning of the pandemic crisis, quantitative easing (QE) had…
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