USDJPY posted another day of gains on Thursday, currently trading at 110.846, up about 0.01%. Earlier it touched a high point at 111.11, which was the highest since March 23. The weakening JPY was pri...
GBPUSD fluctuates before BoE meeting which will be held later in the day. It once rose to $1,3967 but has declined since then, currently trading at 1.3955. UK economy continues to gather momentum, wit...
DXY Index is currently trading around 91.873, in slight retreat from its high point above 92. Powell made some comments overnight and said that, inflation will not be the only consideration to raise i...
Global shares recovered on Tuesday, led by a rally on Wall Street. Dow Jones registered its strongest session in more than 3 months, and Asian markets bounced back from a 4-week low. In Japan, Nikkei ...
USD extended its gains against major counterparts over the weekend, with DXY Index now trading around 92.23, well above where it was a week ago. The Fed surprised the market by signaling an interest r...
USD is heading for the best week in nine months today, as investors digesting Fed’s shift in tones. From the last meeting, Fed officials projected interest rate hikes in 2023. Soon after the projectio...
USD rose to a two-month high but Asian equities fell to a three-week low on Thursday, mainly because the Fed’s meeting concluded on a tone that was more hawkish than before. Although no immediate chan...
Last month, Prime Point LLC, the operating company of Big Boss, was nominated, and has been awarded as “Best New CFD Broker 2021”, “Most Growing CFD Broker 2021” and “Mos...
US Producer Price Index rose 0.8% in May on a MoM basis, marking a record high. Most of the increase came from rises in goods prices, such as beef, veal, mobile homes, machinery, equipment, and furnit...
This week we will have some key data being released. On Tuesday in the US, we will have retail sales and manufacturing survey. These data will serve as pulse checks for economic health and will provid...