Tag: Finance
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UK inflation rises to 9.4%, reinforcing bets on a hefty BoE rate raise
British inflation last month reached its highest level in 40 years, according to official statistics, which boosted the chance that the Bank of England...
U.S. Fed on a roll with interest rates; dollar catches its breath
After a tumble overnight, the aftermath of two policymakers from the Fed saying they foresaw a marginal rate hike instead of the 100-basis points...
Shares at the edge of their seat for U.S. inflation; gold falls further
On Monday, Asian markets were seen scrambling as investors put their fists up for an inflation report of the U.S. that might enforce yet...
Euro steeped to the 20-year low, uplifting recession concerns
After facing off against the dollar on Thursday, the euro closed the distance toward a two-decade low. Europe’s energy shortage loomed threateningly over the...
Dollar reigned above all; competitors struggle to catch up
A poll gathered among foreign trade analysts dictated that the U.S. dollar will take the championship title for the next 3 months at first...