End of week market updates – currencies supported by banks’ tapering headlines

Most of the major currencies have been on the rise this week as the general economic indicators support growth which could push central banks to tighten their very loose policies. The dollar index remains firm above 90 while the Loonie, Sterling and Kiwi are close to closing the week upbeat. Equities In the equities market, […]

April 23 Forecast: Biden tax hike and covid resurgence pressurizes the market

The equities market is bound to end the week bearish as the US corporate tax hike and rising cases of Covid in Asia dampened risk appetite. The Euro is recovering from the shocking ECB fall on the back of expansive PMI data from the zone. Meanwhile, crypto sell-off continues as major futures deals near expiration. […]

Markets ending on risk-aversion amid Senate hearing on GameStop

The dollar recovers the overnight losses as it continues to dominate its peers. The week is about to end on risk aversion as the stock market struggles after the biggest dump since October. The rebound on wall street is quickly fading as the dollar regains the lead overnight. EURUSD is back at the 1.21 critical […]