Please Read Our Disclaimer

Experts Try To Analyze Why EUR/USD Isn’t Boosting Amid Fed’s Re-Structuring

The most recent U.S Banking sector crisis has halted the Fed’s aims of increasing interest rates for an extended period. Last week two of the U.S biggest banks SVB and Signature faced a regulatory crackdown, and as a result, the entire stock market crumbled. This also had an adverse impact on the price of the … Read more

Slower Interest Rate Hike Prospects Weigh On Dollar As U.S. Jobs Data Disappoints

On Friday, the US dollar lost its price as a result of the latest labor statistics for February indicating a decrease in the rate of wage growth. Experts believe that the reduction of inflationary constraints could result in the Federal Reserve’s gradual pace of increasing interest rates. Since there is no urgency to increase the … Read more

Traders Reassessment of Feds Policy and Banking Turmoil in US Causes Dollar Price to Weaken

The Monday trading session saw the dollar price take yet another dive. The trading value of the dollar slipped to a lower level as witnessed in the Forex trading session on Monday. According to analysts, there are two factors behind the slump in the trading price of the dollar. Stance on Interest Rates The first … Read more

Lira Becoming Worthless Amid Hiked Turkish CPI: USD/TRY Prediction

The USD/TRY exchange rate remained upside following the recent Turkish inflation numbers. The nation’s inflation gained more than 80% last month, following soaring energy prices. Lira continued to be worthless over the last few years. USD-TRY exchange rate remained stable on Monday, following the Turkish inflation figures. Also, the pair climbed towards the 18.22 high, … Read more

GBP/EUR Weakened Amid Bolstered ECB Hike Bets

The euro strengthened regardless of downbeat German data. The euro firmed despite Germany’s trade balance widely missing prediction. The trade surplus declined drastically to 4.9 billion pounds in July, missing the 6.2 billion estimate. Nevertheless, the increased anticipation of another massive rate hike during the next policy conference lent considerable support. Meanwhile, Reuters’ economists revealed … Read more

Moderna Drags BioNtech/Pizer To Court For Infringement Over COVID Patent Infringement

The latest reports suggest that Pfizer and BioNTech are to face a lawsuit filed by Moderna. According to reports, the legal teams at Moderna have filed a lawsuit against BioNTech and Pfizer. BioNTech is the German partner of Pfizer, which is a multinational pharmaceutical company headquartered in the United States. Why has Moderna Taken Competitors … Read more