The global forex markets are on edge as bond crashes, potential rate hikes, and the strengthening of the US Dollar dominate the financial landscape. In the UK, bond yields experienced ...

De-dollarisation: Yuan’s Growing Use Challenges the Iron-clad Global Role of the Greenback

by Vinit Makol · May 25, 2023 ·

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In recent years, the global financial landscape has witnessed a growing trend towards de-dollarisation, as nations seek alternatives to the hegemony of the US dollar. The emergence of the Chinese ...

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EUR/USD Hits a Brutal Four-Week Low Amid Cautious Market Mood, Concerns over Interest Rates and Debt-Ceiling Issues

by Vinit Makol · May 25, 2023 ·

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EUR/USD hits a brutal four-week low at 1.0740 in the Asian session. The major currency pair has faced immense selling pressure as the market mood has remained cautious. Market sentiment ...

Federal Reserve Leans Towards a More Cautious Approach as Policy Debates Continue, While the US Dollar Remains Strong

by Vinit Makol · May 25, 2023 ·

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The Federal Reserve's recently released minutes from its May 2-3 meeting have revealed a shift in the central bank's stance, indicating a preference for a more cautious approach amidst ongoing ...

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SA Inflation Hits Levels Last Seen in May 2022

by Vinit Makol · May 24, 2023 ·

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The USD/ZAR exchange rate is attracting attention as South Africa experiences a significant rise in inflation, reaching levels not seen since May 2022. This surge in SA inflation has sparked ...

Forex Managed Accounts: The Key to Effortless Account Management

by Vinit Makol · May 24, 2023 ·

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Introduction In the fast-paced world of foreign exchange trading, many investors are seeking effective solutions to maximize their returns while minimizing the time and effort required. This is where Forex managed ...

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Tough Path Ahead: WTI and Brent Oil Prices Near Confluence Zone

by Vinit Makol · May 24, 2023 ·

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Crude oil prices have witnessed a robust bounce, with WTI and Brent experiencing back-to-back days of gains, despite the prevailing strength of the US dollar. Various factors have contributed to ...

Reserve Bank of India Clarifies Withdrawal of Rs 2000 Notes as a Statutory Exercise, Not Demonetization

by Vinit Makol · May 24, 2023 ·

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Reserve Bank of India (RBI) officials appeared before the Delhi High Court to address concerns regarding the withdrawal of Rs 2000 notes, clarifying that it was a statutory exercise rather ...

Feeble Forecast for UK Inflation Sparks Doubt: GBP/USD Alert

by Vinit Makol · May 23, 2023 ·

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In the realm of currency trading, GBP/USD pair has been drawing attention as the feeble forecast for UK inflation raises eyebrows. It is anticipated that the inflation rate for April ...

Australia and New Zealand Dollars Await Direction Amid US Debt Impasse

by Vinit Makol · May 23, 2023 ·

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The Australia and New Zealand dollars await direction as the US debt impasse weighed on market sentiment. Talks between President Biden and House Speaker McCarthy failed to yield any progress, ...