Global Money Market Funds See Surge in Inflows
The week leading up to October 2 saw significant inflows into global money market funds as investor apprehension ahead of an important U.S. payrolls report and elevated geopolitical tensions in
GBP/USD
U.S. job creation payrolls surged by 254,000 roared higher in September
Key PointsNonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.The unemployment rate fell to 4.1%, down
What Is the U.S. Dollar Index (USDX) And What Currencies are included in it
The U.S. dollar index (USDX) is a metric that quantifies the value of the U.S. dollar in reference to a basket of foreign currencies. The U.S. Federal Reserve established the
INTEREST RATE VS FOREX MARKET:SIMPLY EXPLAINED.
Forex is one of the largest and most liquid financial markets in the world, with more than $6 trillion changing hands every day. One of the most critical drivers of
FOMC Rate Decision: Implications for GBP/USD
The Federal Open Market Committee (FOMC) has once again taken center stage in the financial markets, with its latest decision on interest rates creating ripples across various asset classes, including
FOREX FOR STARTERS: BE AWARE OF BASIC CONCEPTS OF FOREX.
Introduction The foreign exchange market, usually referred to as the forex market, is the largest and most liquid financial market in the world. Measured by daily trading volume, it is