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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 Friday, the Russian ruble fell to a low of three weeks in Moscow trading against the US dollar and the euro. The currency was on a continuous weakening trend because the market was anticipating the measures that could curb the recent strength of the Russian currency. Ruble declines There was a 1.6% decline in … Read more
On Thursday, there was a rise in bearish bets on the Thai baht because of risks around the Chinese economy, a possible recession, and inflation. Meanwhile, there was a slight easing in short bets placed on most Asian currencies, but they still remained close to their highs of several months. Short bets rise The short … Read more
On Thursday, the Russian Ruble reversed gains to decline to lows of two weeks in a volatile trading session, as the favorable tax period came to an end. There are also expectations that there may be some intervention by the government to put a stop to the recent strengthening of the currency. Pressure on the … Read more
On Tuesday, the US dollar recorded gains against a basket of other currencies, which saw it reverse course after recording declines for three consecutive sessions. This was because of a rise in fears of economic recession and investors looking forward to a statement from the Federal Reserve, while the euro was down because of energy … Read more
On Tuesday, the British Pound consolidated at a high of more than two weeks against the US dollar, but it was still within the recent trading ranges. Meanwhile, the markets were assessing the possibility of a 50 basis points increase in the interest rate by the Bank of England, as the economic outlook continues to … Read more
On Monday, the Turkish Lira slipped once more, as it continued its slide towards 18 against the US dollar. This was because of mounting concerns about the foreign exchange policy of the government with inflation soaring combined with worries of a global economic recession. Lira’s decline According to analysts, unless authorities are able to discover … Read more
On Monday, the US dollar declined against a basket of other major currencies, as investors were weighing in the impact of another interest rate hike by the US Federal Reserve. After all, the economy appears to be on the brink of recession. The central bank meeting The monetary policy meeting of the US central bank … Read more
On Friday, the British pound declined against the US dollar, as fresh economic data fanned concerns about a slowdown in the UK’s economy, which is already dealing with inflation that has reached highs in four decades. Economic data On Friday, an industry survey showed that the growth in business activity in Britain grew at its … Read more
On Thursday, the euro climbed against the US dollar amidst a choppy trading session, after a 50 basis points increase in the interest rate was delivered by the European Central Bank (ECB) for controlling inflation. This is the bank’s first hike in the interest rate after 2011. Rate hike The benchmark deposit rate of the … Read more
On Thursday, the central bank of Ukraine decided to devalue its hryvnia currency against the US dollar by 25%. The goal is to assist the country in coping with the growing impact on the economy because of the military invasion of Russia. New hryvnia rate According to a statement from the National Bank of Ukraine … Read more
