Investors are awaiting a speech from Fed chair Powell. Weaker-than-expected consumer price data from Germany and Spain kept Euro futures prices down. Australia’s annual increase in CPI for October was 6.9%, down from 7.3% in September. Currency futures edged lower early Wednesday as the US dollar held steady near a one-week high, holding on to Read More…
Tag: currency futures
Currency Futures Fall Amid Increasing Covid Cases in China & Global Recession Fears
The Dollar gained ground as Covid cases increased in China. Investors are losing hope over Covid restrictions in China. The Dollar is getting support from the hawkish tone of the Fed. Currency futures slid on Monday as the Dollar gained ground amid concerns about the effects of a rise in China’s Covid cases on the Read More…
What Are Currency Futures?
Forex trading is becoming hugely popular as millions of people join this market looking to make some serious money. Although it may seem like getting into the world of currency trading requires a good understanding of how the economy works, it’s not that complex. So, if you’re looking to become a part of the currency Read More…


