Energies
Dollar is shaking despite the stable market
The U.S. dollar retreated in early European trading Tuesday with risk sentiment on the rise, while sterling retained its recent gains after the U.K. g...
OPEC+ are considering adjusting output to increase prices
OPEC+ might consider cutting oil output by more than 1 million barrels a day, which might be the largest since the pandemic. A larger-than-expected re...
Bank of England; Between Inflation and Exchange ates
The Bank of England, trying to stabilize the pound’s rapid descent, said it would buy long-dated government bonds. Meanwhile, the yield on the U...
Sterling is Getting Closer to the Parity
Bank of England Chief Economist Huw Pill said overnight that the central bank is likely to deliver a “significant policy response” in resp...
Cable Finds Support And The Greenback Is Still Fighting
The dollar paused in what has been a relentless climb higher as the euro and even the besieged Japanese yen and British pound managed to recover a lit...
Sterling Pound at an all-time low; Greenback is sky high
Global risk assets extended their selloff on Monday as fears of faster inflation and global recession continued to rise. U.K. markets were in focus as...
BOJ intervenes for the first time since 1998
As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is running into numerous obstacles, chiefl...
Fed chairman: Recession may be a price to pay to crush infla...
Fed Chairman Jerome Powell warned that the bank will keep hiking rates at a sharp clip, even risking pressure on economic growth and the labor market,...
FOMC meeting day; traders try to avoid the risk
U.S. Dollar Index (USDX) The U.S. dollar edged lower in early sessions but remained near a 20-year high as the market geared up for another aggressive...
