News

US Dollar Steadies As China Warns Of Trade Tariffs Potential Impact

Bill Cascade   NEW 30/09/2019 00:00:00 Forex

The US dollar remained flat the past week even as equities plunged amidst growing concerns of escalation of trade standoff between the U.S. and China. Reports that U.S. administration is considering delisting Chinese companies from U.S. exchanges is the latest tailwind to rock the financial markets...

Cross-Price Elasticity of Demand Formula Explained

Bill Cascade   NEW 30/09/2019 00:00:00 Guides

The term cross-price elasticity of demand can sound confusing to those with little understanding of the concept. Yet, when the cross-price elasticity demand formula is broken down in detail, you’ll find that it’s a most simple of premises. Here we take a look at the formula, considering some worked examples. This will highlight just how relevant it is and in which frameworks...

Euro Steadies As IMF Calls For More Fiscal Space For Greece

Bill Cascade   NEW 30/09/2019 00:00:00 Forex

The Euro is trying to bottom out after plunging to two-year lows. The 1.0930 level, against the Dollar, has emerged as a crucial support level from where the embattled currency has held steady after coming under immense pressure...

US Dollar On The Defensive Over Weak Economic Data and Impeachment Push

Bill Cascade   NEW 26/09/2019 00:00:00 Forex

US dollar lost some ground against a basket of other major currencies as traders reacted to weaker than expected consumer confidence data and once again aroused concerns as to whether the U.S. and China will reach a trade agreement...

Australian Dollar Weighed Down By Weak Manufacturing Data

Bill Cascade   NEW 25/09/2019 00:00:00 Forex

The Australian Dollar continued to lose ground against the US dollar as a series of weak economic data continued to hurt its sentiments in the market. The currency was down to 0.6770 after reaching a daily high of 0.6781 against the dollar in Monday trading session...

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