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Online Trading News, Analysis and Updates
Here at BestForexRobots.org our team publishes trading news and analysis of several financial markets. We analyze current trading trends and updates for you so you can stay up to date regarding the trading markets, news, values and happenings.
You can also visit our Exchange and Broker reviews category page if you want to begin trading online with a recommended broker or exchange.
Learn more about online trading markets in our posts below:
On Wednesday, the US dollar recorded gains against a basket of its peers, as it held close to a high of two decades. Investors shifted their focus towards the speech of the Federal Reserve chairman, Jerome Powell, on Friday for new clues about how aggressive they would be against their inflation battle. Hawkish expectations Traders … Read more
Authentic Brands Group has recently made an announcement in regards to striking a deal with Ted Baker, a UK fashion chain. A $254 Million Deal The sources confirm that Authentic Brands Group, a major retail conglomerate that owns multiple businesses is acquiring Ted Baker. Authentic Brands Group is already the owner of major brands such … Read more
On Tuesday, the dollar moved back from a high of two decades against the euro, after data showed that activity in the private sector of the US had been weaker than expected in August. This prompted bets that the US Federal Reserve may decide to be less aggressive in its monetary policy tightening. Dollar index … Read more
On Tuesday, the euro declined to a low of two decades, as it was dealt yet another blow because of renewed worries about an energy crisis keeping inflation elevation. This would eventually make an economic recession certain in Europe. Meanwhile, there was a drop in the Chinese yuan to a low of two years and … Read more
On Monday, the sterling declined to its lowest value against the dollar since mid-July, as a summer of strikes and surging energy prices highlighted the cost of living crisis in the United Kingdom. It also ended up intensifying concerns about another slowdown in the economy. Sterling falls Due to worries about the surging inflation in … Read more
On Friday, the US dollar index record its biggest gain in a week since April 2020, as the currency touched a high of five weeks. This was after investors adjusted their expectations about the US Federal Reserve continuing to increase interest rates in order to curb inflation. The Fed’s stance On Thursday, several officials of … Read more
Foot Locker Inc recently made two major announcements that have earned it a great surge in terms of its stock prices. The share prices for the footwear retailer have risen significantly after sharing its earnings for Q2 2022 and revealing Richard Johnson’s stepping down as the company’s CEO. Foot Locker’s Promising Earnings On Thursday, the … Read more
On Wednesday, the Russian ruble climbed against the euro to an almost one-week high, as volatile trading saw the Russian currency and stocks swing wildly. This was primarily because oil prices dropped to a low of six months, but the ruble was held by the possibility of upcoming tax payments that tend to give demand … Read more
This week, the US dollar did not change much against a basket of its major peers, as investors shifted their focus toward minutes of the Fed’s previous meeting and US retail sales data due on Wednesday. The bounce back Last week, the US dollar had declined to lows of six weeks, but the currency has … Read more
On Monday, the safe-haven US dollar recorded gains, after a new batch of economic data from China turned out to be disappointing. This bolstered worries of a global recession, while the surprise reduction in lending rates by the People’s Bank of China (PBoC) saw the Chinese yuan weaken. Chinese data The retail sales, industrial output … Read more
