Market News

CPI Hits Another Four-Decade High USD rises.
July 14, 2022

CPI Hits Another Four-Decade High USD rises USD rises as CPI hits another four decade high, data shows the headline consumer inflation accelerated once again in June to the highest level since 1981,US consumer inflation hit the high of 41 years and beat the forecast, 9.1% in June against 8.6% one month earlier and expected

Read more
Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD
July 14, 2022

Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD Time 02:01 AM GMT+3 GBP: RICS House Price Balance, it measures level of a diffusion index based on surveyed property surveyors. Time 04:00 AM GMT+3 AUD: MI Inflation Expectations, it measures percentage that consumers expect the price of goods and services to change during the next 12 months. Time

Read more
Upcoming Market Updates : NZD, EUR, GBP, USD, CAD
July 13, 2022

Upcoming Market Updates : NZD, EUR, GBP, USD, CAD   Time 01:45 AM GMT+3 NZD: FPI m/m, it measures change in the price of food and food services purchased by households. Time 05:00 AM GMT+3 NZD: Official Cash Rate, it measures interest rate at which banks lend balances held at the RBNZ to other banks

Read more
Euro above parity by a thread
July 12, 2022

Euro above parity by a thread It looks like July 2022 could be a memorable month for euro, but unfortunately not for the right reasons. EUR/USD is within a risk of dropping below parity with USD since 2002, at that time EUR was just three years old. In North American session, EUR/USD is trading at

Read more
Dollar Index Looks Unstoppable now
July 12, 2022

Dollar Index Looks Unstoppable now On Friday afternoon the new highs rose to 107.6, on the start of European trading session it went 107.45. Since Oct 2002 this was the highest rate and the index added around 20% to its 2021 low. This is a positive secondary effect for the US(strengthening of dollar), reducing inflationary

Read more