Although there has been much press recently about the US Dollar loosing its status, there is no doubt that as of this lesson and most likely for the foreseeable future, the US Dollar still reigns supreme over all other currencies of the world...
On Monday the greenback was almost unchanged against its Canadian counterpart, as disappointing U.S. personal spending data weighed, though a weak report on Canada's current account dented demand for the loonie...
Gold held near a two-week high on Monday, as traders continued to monitor the direction of the dollar while digesting the latest spate of U.S. economic data in their quest to gauge the metal’s appeal...
On Monday Bitcoin prices slid into the red territory, after hitting a two-week high earlier in the session...
On Monday the British currency rose versus its US counterpart, after new data indicated that UK manufacturing activity expanded at the fastest rate in seven months in February. At the same time, demand for the greenback was underpinned after Friday's US growth report...
Oil dropped more than 1 percent on Monday, with Brent slipping to around $62 a barrel, depressed by a stronger dollar and a rise in Libyan crude output...
On Monday the New Zealand dollar fell against its U.S. peer, as demand for the latter remained strong after the release of Friday's upbeat U.S. economic growth data...
On Monday shares in China traded higher after the People's Bank of China (PBOC) unexpectedly cut interest rates at the weekend for the second time since November. The move is considered to be aimed at repelling deflation...
Behind central banks in terms of size and ability to move the foreign exchange market are the banks which we learned about in our previous lessons which make up the Interbank market...
When more people want a particular currency, the cost of the currency in terms of other currencies will go up. When demand decreases or people do not want to hold a country’s currency, the value will go down...
Rubles to Dollars: Making Money on Russia's Exploding Financial Frontier Dr Alexander Elder Dr. Elder, an internationally acclaimed Wall Street expert, convincingly demonstrates that Russia is in an early stage of a freedom-fueled boom and shows why its stocks are a screaming buy...
From Callum Newman in Albert Park: ‘Greece secured a four-month extension of its financial rescue when its eurozone partners approved a reform plan that backed down on key leftists measures and promised that spending to alleviate social distress would not derail its budget...
US DOLLAR TECHNICAL ANALYSIS Prices issued its largest advance in a month but prices failed to overcome range resistance to secure a breakout. Near-term resistance is in the 11854-76 area (14...
On Friday oil prices were up, as traders were hoping for reduction in US drilling and as a poll said OPEC output fell in February...
On Friday the greenback slipped against its Canadian counterpart, as demand for the US dollar was dampened after data showed that the U.S. economy grew less-than-expected in the last quarter...
The study was part of the central bank’s One Bank Research Agenda, a report that investigates the current central polices and their interaction with the ever-changing international polices, regulations, market structures, and none the least, the fundamental technologies...
The common currency climbed against its US counterpart on Friday, underpinned by positive French and Spanish data, while markets were anticipating the release of highly-anticipated U.S. economic reports due later in the day...
Gold will come under further pressure over the course of the year as the Federal Reserve moves closer to lifting rates, but prospects for the precious metal looks far more promising in the next few years, according to Bank of America Merrill Lynch...
The bank, which declined to comment on the identity of the workers, said today: "We can confirm that two members of staff have been suspended as part of the on-going FX investigation at the bank...
