Market News

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.

U.S. Treasury Yields Hit 1.732%; Stocks Lower on Coronavirus Worries; Turkish Lira Weakens After Erdogan Fires Bank Governor.

The Office for National Statistics recently reported that the Unemployment Rate in the United Kingdom stood at 5 percent in January, less than expected.

The Swiss National Bank's foreign exchange market intervention rose to $118.27 billion last year as an attempt to restrain the Swiss franc's appreciation, which reached its highest level since 2012.

U.S. Treasury Yields Hit 1.732%; Turkish Lira Falls by 14% as Erdogan Fires Bank Governor.

A shift in risk appetite as a result of the growing concerns over the spread of the coronavirus in much of Europe pushed the US dollar broadly higher.

Stunning Australian jobs data adds fundamental luster to the Australian dollar’s strongly bullish technical outperformance, putting the AUD/USD currency pair back in focus.

Bitcoin advanced for the second consecutive day yesterday, gaining 3.42% during the session and closing at the $58,870.0 level.

U.S. Treasury Yields Rise; Fed Sees Higher Growth, Inflation, and Employment but Zero Rates Through 2023; Major U.S. Stock Indices Hit Record Highs; U.S. Dollar Falls to 2-Week Low.

The pound sterling strengthen against the greenback and euro after concerns over the COVID-19 vaccine manufactured by AstraZeneca were dismissed by the UK government.

Oil markets declined yesterday despite American Petroleum Institute's report that US crude oil inventories dropped by 1 million barrels, which was against market expectations.

Markets Quiet Ahead of FOMC Rate & Projections; U.S. Dollar Slightly Stronger; Poor U.S. Retail Sales Data.