Surging Success: The Australian Dollar’s Shift from Fixed Exchange Rates to a Floating Currency by Vinit Makol · July 26, 2023 · no comment The Australian Dollar's Shift embodies the vibrant economy of Australia and boasts the distinction of being the world's fifth most commonly traded currency. Its remarkable history is one of transformation, ... 0 shares
Sterling Depreciates on Weak Economic Data by Vinit Makol · July 24, 2023 · no comment In recent times, the British pound has experienced a notable downturn, as the sterling depreciates towards $1.28, moving further away from its 15-month high of $1.314 reached on July 14. ... 0 shares
Dreadful German PMI Sends EUR/USD Below 1.11 – ECB Rate Decision in Focus by Vinit Makol · July 24, 2023 · no comment The eurozone is facing mounting concerns as the recent release of dreadful German (PMI) Purchasing Managers' Index data has sent shockwaves through the financial markets. The EUR/USD pair dipped below ... 0 shares
Surging Momentum: USD/ZAR Rises as SARB Pauses After 10 Consecutive Hikes, Impact on Exchange Rate Analyzed by Vinit Makol · July 21, 2023 · no comment USD/ZAR rises as the South African Reserve Bank (SARB) decided to pause its aggressive hiking cycle following ten consecutive rate increases. The relentless rate hikes were implemented in response to ... 0 shares
Gold Suffers Setback as USD and Yields Blast Off. Will XAU/USD Break Down? by Vinit Makol · July 21, 2023 · no comment Gold suffers a setback after an impressive performance earlier in the week, with XAU/USD prices declining by approximately 0.5% to $1,967. This decline was primarily influenced by the surge in ... 0 shares
Decoding the Impact of Falling Inflation and Central Bank Policies on Global Currencies: A Comprehensive Analysis by Vinit Makol · July 20, 2023 · no comment The world of global currencies is a complex and ever-changing landscape, influenced by a myriad of economic, geopolitical, and monetary factors. Investors, economists, and policymakers continuously grapple with the implications ... 0 shares
Volatile Currency Pairs React to UK CPI Miss, UK Inflation Eases from 30-Year Highs by Vinit Makol · July 19, 2023 · no comment The currency markets were abuzz with activity as the British Pound Sterling (GBP) experienced a rollercoaster ride after the release of the UK Consumer Price Index (CPI) report, which revealed ... 0 shares
Analysts Express Doubts About the Dollar’s Decline Amid an Uncertain Economic Landscape by Vinit Makol · July 18, 2023 · no comment In recent weeks, the U.S. dollar has experienced a significant decline, with data indicating disinflation in the world's largest economy. This development has fueled hopes that the Federal Reserve could ... 0 shares
US Dollar Gains Momentum as Chinese GDP Disappoints, Leaving Investors in Search of Direction by Vinit Makol · July 17, 2023 · no comment The US Dollar gains momentum this week as investors assessed the implications of soft Chinese GDP numbers. The data revealed a significant miss in estimates, highlighting growing concerns for the ... 0 shares
EUR/USD Outlook: EUR Gains Momentum for Further Upside Surge as it Breathes at Multi-Month Highs by Vinit Makol · July 15, 2023 · no comment The impressive gains of the EUR/USD pair have propelled it to multi-month highs, indicating the potential for further upside. This surge can be attributed to a combination of factors, including ... 0 shares