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Bahrain, the United Arab Emirates raised interest rates by 75 basis points and Saudi Arabia and Saudi Arabia by 50 basis points

Central banks in the Middle East also moved quickly after the U.S. Federal Reserve announced its biggest interest rate hike in nearly three decades. Bahrain's...

Powell: 75 basis point rate hike won’t be normal The next 50 or 75 basis points may not show signs of a broad-based slowdown

Federal Reserve Chairman Jerome Powell holds a press conference after the Fed's rate-setting meeting on June 15. Powell said inflation led the Fed to raise...

The Impact Of Currency Fluctuations

2019 has been a year of currency fluctuations, with most prominent Asian currencies like the Indian Rupee, South Korean Won and the Philippine Peso,...

Trading in the Foreign Exchange Market

The market is open 24 hours a day, five days a week across major financial centers across the globe. This means that you can...

What Is Foreign Exchange (Forex)?

Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....

Foreign Currency Exchange Rates Today (15-6-2022)

Here you will find our full list of the foreign currency exchange rates today. Live and updated every minute with live forex rates, you...

How to read exchange rates – currency jargon explained

Foreign exchange can be confusing, so to help break through the confusion, here are some common terms associated with currency: Buy rate – This is...

How to calculate exchange rates

Exchange rates are influenced by banks and trading institutions and the volume of currency they are buying and selling at any given time. Currencies...

U.S. SEC chief unveils plan to overhaul Wall Street stock trading

WASHINGTON/NEW YORK, June 8 (Reuters) - The top U.S. securities regulator on Wednesday unveiled a planned overhaul of Wall Street retail stock trading rules,...

Confronting the inflation beast: Five questions for the ECB

LONDON, June 6 (Reuters) - The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are...

Morning Bid: “Super bad feeling”

A look at the day ahead in markets from Julien Ponthus. With the Nasdaq (.NDX) losing about a quarter of its value since the beginning...

Turkish lira slips again; Nebati says rates to stay put

ISTANBUL, June 6 (Reuters) - Turkey's lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20% this...

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