The dollar weakened against major currencies after the release of unexpectedly poor retail sales figures. The data indicated a slowdown in consumer spending, a key driver...
Category: Forex
Category for Foreign Exchange
Pound Sterling Surges to New Highs
The pound sterling has experienced a significant surge, reaching new highs against a basket of major currencies. This upward movement is largely attributed to a combination...
Dollar Falls After Fed Chairman’s Comments
The dollar experienced a decline in value after the Federal Reserve Chairman’s recent comments. Investors analyzed the statements as a possible indication that the central bank...
Swiss Franc Sees Limited Movement Against Dollar
The Swiss Franc traded with little change against the US Dollar. Currency analysts attribute the stability to a lack of significant economic news from either country....