China Forex Reserves Rose in March
China’s foreign exchange reserves, the largest in the world, rose to $3.184 trillion in March, according to official data released…
EUR/USD: Euro Stable as Traders Eye Nonfarm Payrolls
Quiet trading is unfolding in the forex market as traders wait for the release of the US nonfarm payrolls. The…
Russian rouble tumbles to its weakest since April 2022
The Russian rouble tumbled on Friday to the lowest levels against the dollar and euro since April 2022 in the…
GBP/USD: Sterling Drops After Hitting 10-month High
The British currency is in its best shape in nearly a year as the UK economy looks brighter. The GBP/USD…
Dollar edges higher on safe haven flows; caution ahead of payrolls
The U.S. dollar edged higher in early European trade Thursday with weakening risk sentiment benefiting this safe haven, but remains…
DJI: Dow Jones Tumbles as Economic Concerns Rear Up
The 30-stock Wall Street average snapped four straight days of winning as new data sparked worries. Dow Jones Industrial Average…
DXY: Dollar Falls as Traders Get Anxious Over US Economy
The world’s largest economy is under pressure, indicating interest rates might be doing their job. The dollar dropped across the…
META: Meta Looks Well Positioned to Deal with 2023 Uncertainty After a Rocky 2022
A large number of analysts are predicting that Meta’s earnings over 2023 could be on the rise, with its price…
VORB: Virgin Orbit Files for Chapter 11 Bankruptcy
Sir Richard Branson’s space start-up collapsed after 15 months of scant funding and cash burning. Virgin Orbit announced it is…
USDC/USD: Circle Continues to Lose Market Share to Tether, Market Cap Dropping
The second largest stablecoin with a market cap of $32.5bn, USDC’s adoption level has been slowly slipping downward recently as…