Germany, which was considered the economic engine of the European Union (EU) till very recently, now seems to have its gears grinding. Being the EU’s largest […]
The Great British Pound (GBP) was the best performing major currency in Q1 2025. Even after the US confirmed 10% tariffs on all goods imported from […]
The GBP/USD pair, popularly called the cable, declined 1% through 2024. Most of the decline could be attributed to the pound sterling’s depreciation against the USD […]
Joe Biden’s exit from the US Presidential race, Kamala Harris’ nomination and finally Donald Trump’s victory, 2024 was a year of unpredictability for the US political […]
For the longest time, the US markets have been considered largely insulated from events happening in the rest of the world. However, traders have also long […]
Gold price and the strength of the US dollar are inversely correlated. This means that when the US dollar strengthens, gold price declines, and vice versa. […]
The Japanese yen dropped to a multi-month low in the second week of November 2024, after outperforming all other currencies in July. The currency has had […]
The IT and communication services sectors form 74% of the AI index. The two sectors have significantly outperformed the S&P 500 and other sectors on the […]
The US dollar is undoubtedly the most traded currency in the world, comprising nearly 90% of all forex transactions. All the 7 major pairs include the US dollar. […]
The Great British Pound (GBP) had spiked 1.38% versus the US dollar over three months, as of July 8th, 2024. The GBP has overshadowed the euro (EUR) and […]
The Australian dollar (AUD) had entered 2023 on a high note, rising to US$0.71 in January. However, it steadily declined throughout the year, ending 2023 at […]
The Federal Reserve’s (Fed) controls money supply in the US by adjusting interest rates in the country. Being the dominant global reserve currency, the value and […]