You may be aware that ESMA (European Securities and Markets Authority) has announced major changes that will be implemented on the 1st
June 18, 2018
U.S. stocks ended the session in red on Friday, but well off the session’s lows. Global stocks were under pressure as President Donald Trump approved tariffs on about $50 billion of Chinese goods to intensify the fears of a trade war between the United States and China.
June 15, 2018
The Euro fell to a two-week low against the United States Dollar as the European Central Bank announced that interest rates are expected to remain at their present levels at least through the summer of 2019.
June 14, 2018
The dollar index fell from a one-week high post the FOMC decision. The Federal Reserve raised the Fed Funds target range from 1.50%-1.75% to 1.75%-2.00%. It is the second time this year where the Fed raises interest rates and the market still anticipates two more rate hikes to come throughout the rest of the year.
June 13, 2018
The dollar rose against its major peers for the third consecutive day ahead of Federal Open Market Committee interest rate decision today. The greenback gained strength after better-than-expected inflation numbers.