Tag: Forex
Forex and Commodities – Losses in Cryptocurrencies – Economy
The euro stayed above the $ 1.16 mark on Wednesday. The common currency was quoted little changed in the evening at $ 1.1602. In contrast, cryptocurrencies such as Bitcoin came…
Forex and Commodities – Bitcoin Rate at $ 60,000 – Economy
The euro exchange rate leveled off at $ 1.16 on Friday. In the afternoon, the common currency was barely changed at $ 1.1597. The smoldering fears of inflation gave Bitcoin…
Commodities, Forex – Metals rally continues – Economy
The rally in the base metals markets picked up further on Friday. A scarce supply, logistical bottlenecks and booming demand are driving prices to ever new multi-year highs. At its…
Forex and Commodities – Hurricane Warning Boosts Oil Prices – Economy
Speculation about supply shortages drove up oil prices on Friday. The North Sea variety Brent rose two percent to $ 72.47 per barrel. The price of US WTI light oil…
Forex, bonds, commodities – Fed weakens the dollar economy
The euro expanded its gains from the previous evening on Thursday. The common currency rose to $ 1.1890, the highest level since the beginning of July. The euro received a…
Forex, bonds, commodities – dollar is weak – economy
Disappointing economic data from the US weakened the dollar on Tuesday. In turn, the euro rose to $ 1.1836 after falling to $ 1.1771 in morning trading. US industry booked…
Forex and Commodities – Markit Data Supports Euro – Economy
The euro exchange rate moved little on Friday and stagnated at $ 1.7771. “The prospect of a continued glut of money from the European Central Bank (ECB) is troubling the…
Forex, bonds, crude oil – inflation drives dollars up – economy
A surprisingly high US inflation boosted the dollar on Tuesday. In return, the euro fell by just under one US cent to $ 1.1772. The unexpected sharp rise in consumer…
Forex and Commodities – Unclear Outlook for Oil Price – Economy
The euro gave way on Wednesday. In the evening, the European common currency cost 1.1795 (previous day: 1.1822) dollars. Traders pointed to a dollar rising against almost all major currencies.…