Market News

The pound sterling moved higher against its two main rivals during London trade on Wednesday as Forex traders dismiss the latest economic news from the UK.

OPEC+ recently said in a report that uncertainties linked to the advance of the COVID-19 pandemic may impact recovery in oil demand.

USD Again Hits Long-Term Highs Against Euro and Yen; 10-Year U.S. Treasury Yield Hits 1-Year High; Stocks Dip.

Bullish momentum in the U.S. dollar is showing no sign of slowing down yet.

Bitcoin gained 0.52% yesterday against the US dollar, closing the session at the $57,975.0 level and gaining ground for the second consecutive day.

USD Again Hits Long-Term Highs Against Euro and Yen; 5-Year U.S. Treasury Yields Hit Highs; Stocks Firm or Higher.

Speaking to a news outlet, French Finance Minister Bruno Le Maire recently reaffirmed that the country's GDP should grow by 6% this year, adding that the government is not planning to tax the French people's income.

USD Hits Long-Term Highs Against Euro and Yen; U.S. Treasury Yields at 1.625%; Asian Stocks Higher.

Top crypto margin trading platform CEX.IO is now offering its clients the ability to trade contracts for difference (CFD) on stocks.

A shift in risk sentiment helped to push the US Dollar Index to a 4-month peak in the Asian trading session.

Stronger than expected U.S. GDP growth suggests continuing strength in the U.S. Dollar.

The Swiss National Bank recently announced its decision to leave the interest rates unchanged at -0.75%, in line with analysts' expectations.

EUR/USD Hits 4-Month Low; U.S. Treasury Yields at 1.622%; Stocks Dip.

Yesterday, Bitcoin gained 0.48% against the US dollar, hitting the $54,331.0 level at the end of the session and breaking a two-day losing streak.

An unexpected drop in the February inflation report sent the pound sterling to a 7-week trough against the greenback.