News

France’s Hard Brexit Expectation Sparks Pound’s Decline, Dollar Remains Strong

Bill Cascade   NEW 24/08/2019 00:00:00 Forex

The Sterling Pound turned bearish on Wednesday after a revelation that the French government anticipates a hard Brexit despite the U.K.'s attempts to secure a soft landing...

Turkish Lira Tanks Over Lack Of Monetary Stimulus And Mounting Political Tensions

Bill Cascade   NEW 24/08/2019 00:00:00 Forex

The Turkish Lira is currently on the list of worst-performing currencies in the world following its decline this year over the heightened political tensions in Turkey. The political headwinds in Turkey have fueled the Lira's decline, but this is not the only factor that has been hitting hard at the Turkish currency...

The Trade War Between China And The U.S. Might Be Strengthening The US Dollar

Bill Cascade   NEW 23/08/2019 00:00:00 Forex

The US dollar continues to surge despite the U.S. is locked in a trade standoff that has gone on for multiple months...

China Plans To Liberalize Interest Rates And What This Means For The Yuan

Bill Cascade   NEW 21/08/2019 00:00:00 Finance

The Chinese government, through the People's Bank of China (PBOC) recently announced that it plans to liberalize its interest rate system possibly before the end of 2019...

GBP/ZAR Exchange Rate Rallies As South African Rand Weakens After IMF Warning On South Africa’s Debt Level

Bill Cascade   NEW 21/08/2019 00:00:00 Forex

The South African Rand (ZAR) kicked off this week on a downturn after the International Monetary Fund (IMF) issued a warning over South Africa’s debt levels...

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