US Dollar reaches a sixteen month high level

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Source: Dukascopy Bank SA
On Tuesday, the US Dollar touched a sixteen month high level against a basket of currencies. Financial media named a global economic slowdown shown by lower than forecast earnings reports as the main reason for the event.
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Tue, 13 Nov 2018 05:42:51 GMT

US stocks lose value due to Federal Reserve

US stock market indices lost value on Monday, as it was announced that the Federal Reserve is not only expected to hike interest rates in December, but also two additional hikes are expected by mid-2019.

Tue, 13 Nov 2018 05:30:17 GMT

Asian stock prices gain value

On Tuesday morning Asian stock indices surged higher. The surge of stock values was mainly attributed to the fact that a top Chinese trade delegation was preparing to visit the US.

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