Trading
Trading
Analysis-Industrial Users Flee Lme Nickel, Deepening Market Fissures
Trading
Stocks Tumble, Dollar Rallies as Soaring U.S. Inflation Implies an Aggressive Fed
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Russia’s Putin, India’s Modi to Discuss Trade, Food Supplies on Friday
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Dollar Weakens Ahead of Key U.S. Inflation Data
The Best Ib Program Asia Award Goes to Fbs
Date: September 6, 2022
This summer, FBS, an international broker company, received the Best IB Program in Asia award from Global Banking and Finance Review. Global Banking and Finance Review gave the Best IB Program Asia award to FBS, an international broker company with more than 13 years in the business. The award came as a recognition of the...
Britain’s Bleak Outlook Sets Sterling to Downward Spiral
Date: August 30, 2022
By Joice Alves LONDON (Reuters) – Sterling edged lower on Tuesday against the euro and was set for its biggest monthly fall against the single currency in 16 months as the energy crisis renewed recession fears in Britain. Inflation in Britain could exceed 20% early next year if spiralling gas prices fail to come down,...
Traders Ramp up Bets on 75 Basis-Point ECB Sept Hike, Bond Yields Jump
Date: August 29, 2022
By Yoruk Bahceli (Reuters) -Euro zone money markets moved on Monday to price in a two-thirds chance of a large 75 basis-point European Central Bank rate hike in September after policymakers made the case over the weekend for a large move to tame inflation four times above their target. Particularly in focus was ECB board...
Russian Rouble Firms Towards 60 vs Dollar, Stocks Up
Date: August 29, 2022
MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost demand for the Russian currency, while stocks clipped a two-month high. At 1317 GMT, the Russian currency gained 0.5% to 60.19 against the dollar. After a wild swing at the market open, the rouble...
Dollar Edges Lower as Investors Wait on Fed’s Powell
Date: August 25, 2022
By Karen Brettell NEW YORK (Reuters) – The dollar index and the euro both slipped on Thursday in choppy trading as investors waited on a speech by Federal Reserve Chairman Jerome Powell on Friday for further clues about the ongoing pace of the U.S. central bank’s rate hikes. Investors are tossing up between the likelihood...
Rouble Eases From Near 4-week High vs Dollar, Firms vs Euro
Date: August 22, 2022
MOSCOW (Reuters) -The Russian rouble pulled back from last week’s near four-week high against the dollar on Monday but held near its strongest levels this month, with a tax payment period looming that usually sees exporters convert forex revenues into roubles. At 1358 GMT, the rouble was down 0.3% to 59.25 against the dollar, having...