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 The U.S. Tech Stocks are in its second sell-out for the second time in less than a week. The Dollar was up on Wednesday and is further strengthening in this week’s trading sessions.  The U.S. Dollar Index inched up 0.07% to 93.502 by 10:01 PM ET (3:01AM GMT).  “U.S. Equity futures will likely be a guide

The Dollar was up monday morning but gains are yet to be seen due to the low volatility on holiday as there were lack of participants in the market. The US gains also capped by the US job data that was shown last Friday which shows job growth slowed further in August.   Although the U.S. Labour Department reports on Friday

Last week, the U.S Central Bank announced that they will focus more on addressing declines in employment rather than focusing in inflation. The central bank will be revising their approach for setting monetary policy revolving around this concern.  “As long as we see the trajectory moving in ways that suggest that we are not spiraling

On Tuesday morning, the Euro seems to test new highs touching the 1.20 price point. Later in the afternoon on Tuesday, the Euro immediately dipped as investors took profits, driving the dollar up from a 28-month low.   Since the speech of Federal Reserve Chairman Powell last week Thursday, the announcement of tolerating more extended periods of higher

Fed Chair Powell’s speech last Thursday on the Jackson hole left the market in question til the closing day of last week. On Monday morning starting this week in Asia, the US dollar is showing signs of losses against the Yen and Aussie dollar.  This decline is the fourth consecutive monthly decline opening on Monday since it’s long streak

The dollar on Wednesday experienced losses against most currencies as traders are on a lookout for the U.S. data that is expected to show a decline in durable goods orders and a key speech by Federal Reserve Chairman Jerome Powell.  On Tuesday, the data shows that U.S. consumer confidence slid lower in more than six

Democratic presidential nominee Joe Biden told the interviewer at ABC “World News Tonight”, “I will raise taxes for anybody making over $400,000”, adding, “no new taxes” would be raised for anyone making under $400,000.   The interviewer asked, “Is it smart to tax businesses while you’re trying to recover?”   In the 2020 presidential election, Tax policy

Due to arising internal conflicts caused by the Covid-19 pandemic and dispute between China and USA, the dollar has been weakening against the Euro. Banks such as the Bank of Russia has been receiving more Euros than dollars for its export to China as reflected in their new data’s. The share of goods purchased has risen

Despite the rising conflicts of U.K and EU and the deadlock of post-Brexit talks which will be resumed next week, the British Pound continues to surge with its 5-month highs against the U.S. dollar and is likely to add gains as GBP/USD rose 0.15% to $1.305sh.   Next week August, 18, 2020, U.K. ’s chief Brexit

Coronavirus aid talks between democratic leaders and the Trump administration came to a halt last Friday with president Trump stating that he would “act under [his] authority as president to get American the relief they need” if Congress fails to strike an agreement with his administration. President Trump states that his pending executive orders would extend