News Overview

Economic News
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News Overview

The US dollar continues to strengthen against a basket of major currencies. Today there should be a vote in US Congress on a two-year budget proposal that will provide additional funding of $300 billion, which can prevent a government shutdown. The dollar index rose to a maximum value for this month and is currently at 90.37.

New restrictions on the circulation of cryptocurrency were introduced in South Korea against the anonymity of transactions. Now banks will be obliged to inspect the companies related to the exchange operations. In this regard, the South Korean crypto-exchange Coinpia froze all their transactions and stopped trading.

The price of oil continues to fall against the backdrop of data about the US crude oil inventories released yesterday that showed the result of higher than expected prognosis and thus the price of Brent crude oil fell below $65 per barrel. As of the time of writing this article it is at 64.77 and continues to decline. The WTI has fallen to its lowest level this year and approached the level of 61 dollars per barrel.

SuperForex
The Markets Recover after a Sharp Decline

Economic News

The Markets Recover after a Sharp Decline

SuperForex
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A Record Decline in Stock Indices

Economic News

A Record Decline in Stock Indices

SuperForex
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The USD Steady

Economic News

The USD Steady

After many weeks of price drops, the American currency is finally showing signs of stabilization.

SuperForex
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