USD continues a bearish trend in global markets, down 1.8% MOM. Currency market investors were neglectful to the utterances of the Chair of the Federal Reserve about the desirable outlook of U.S. economy and employment. Analysts believe that even if U.S. economy grows, Federal Reserve has no plan to increase dollar interest rate so USD…
#USD +0.07% >>> 97.75 #Gold +0.15% >>> USD 1,492 Last night, to central bank deducted the interest rate -0.25% once again, for the third time this year, as expected. Hence it reached a 1.75% top. The decrease of USD interest has been said to be unnecessary according to experts and has raised up protests. Statistics…
The Great Britain Pound (GBP) had a surge of +1.34% reached 1.2776 which is its highest level of last five months. The Pound rate driver was today’s overall agreement between Britain and Europe Union on Brexit which is said to be announced by the end of the day. The two sides are racing to reach…
Iran receives USD17 billion from selling petrochemical products. Iran manufactures 31 million MT of petrochemicals and 22 million MT of this which worth USD12 billion is exported to 30 different countries across the globe. It is expected that Iran will increase its petrochemical output by two times until 2024. Globally crude oil production grows 1%…
