Category: Forex Market Update
The U.S. dollar rose sharply against all major traded currencies on Thursday after the Federal Reserve signaled that it might start tapering its bond purchase program by the year end as the U.S. economy...
Stocks rose sharply for a second successive day on Tuesday even as market participants wait anxiously for Federal Reserve’s monetary policy statement, which is scheduled to be released on Wednesday. All three major indexes...
Stocks edged higher in trading on Monday even as market participants wait for Federal Reserve’s monetary policy statement, which is scheduled to be released on Wednesday following a two-day meeting. The Fed’s monetary policy...
The U.S. dollar climbed sharply against the yen on Monday as global equity markets stabilized. However, the Japanese currency could rebound as market participants wait to get a clearer picture from the Federal Reserve...
Stocks ended lower in trading on Friday amid ongoing concerns over the Federal Reserve’s bond buying program. Stocks also struggled as investors digested some mixed economic data. All three major indexes also fell for...
The yen climbed sharply against the U.S. dollar on Friday as instability in global equity markets encouraged investors to seek safety in highly liquid and safer bets such as the Japanese currency. A data...
The U.S. dollar traded broadly lower and global equities nosedived on Thursday as panic selling continued amid rising uncertainty over the Federal Reserve’s stance on multi-billion economic stimulating measures. The Bank of Japan’s (BOJ)...
Stocks fell sharply for a second successive day on Wednesday as market sentiment remained subdued amid ongoing concerns over Federal Reserve’s bond buying program. All three major indexes ended near session lows. The Dow...
The U.S. dollar gained against the yen on Wednesday as globaJl equity markets stabilized. On Tuesday, the yen climbed sharply against the dollar after the Bank of Japan (BOJ) refrained from offering any additional...
The U.S. dollar plunged against the Japanese currency on Tuesday after the Bank of Japan (BOJ) left its monetary policy unchanged. While analysts were not surprised with the bank’s decision of not expanding its...