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Friday, October 7, 2022
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Inflation

The Dollar Gained Ground

The Dollar Gained Ground The dollar moved higher on Thursday, extending its gains from the previous day. Investors waited for softening in US labor and...

U.S. dollar rallied Wednesday. What about other currencies?

U.S. dollar rallied Wednesday. What about other currencies?    The U.S. dollar recovered some of its losses on Wednesday as investors returned to safe-haven currencies. U.S....

U.S. dollar and Aussie plummeted Tuesday. What about Euro?

U.S. dollar and Aussie plummeted Tuesday. What about Euro?   The dollar tumbled down today, its index dropping by 0.55% at 111.12. The U.S. currency exchanged...

Sterling skyrocketed on Monday. What about Dollar and Yen?

Sterling skyrocketed on Monday. What about the Dollar and Yen?   The British Pound soared on Monday, hitting $1.128. The British government decided to reverse a...

The Pound and Euro Are Recovering

The Pound and Euro Are Recovering The euro reached a one-week high after a hot German inflation figure boosted expectations for the European Central Bank...

Euro and British Pound rallied Friday. What about Dollar?

Euro and British Pound rallied Friday. What about the U.S. dollar?   The Euro skyrocketed on Friday, hitting a new one-week high along with the Sterling....

German Inflation Data Tremble the Stock Market

German Inflation Data Tremble the Stock Market As several businesses, notably Swedish retailer H&M, issued warnings about the impact of growing expenses and inflation on...

U.S. dollar was steady on Thursday. What about the Euro? 

U.S. dollar was steady on Thursday. What about the Euro?    The dollar index remained flat at 112.98 on Thursday. However, it was still close to...

Risk of Global Recession in 2023

Risk of Global Recession in 2023 A recession is a severe, widespread, and long-term decline in economic activity. A recession is generally defined as two...

Gold and Silver: The Price Takes a Breather

Gold and Silver: The Price Takes a Breather During the Asian trading session, the price of gold fell to a new September low at the...

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