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European stocks closed sharply higher on Tuesday, extending gains to a third straight session, with investors focusing on earnings updates and looking ahead to the European Central Bank's monetary policy announcement, due later in the week. Stocks turned in a somewhat sluggish performance earlier in

The foreign exchange market, also known as the Forex market or the FX market, is also one of the global markets that witnesses a trading volume of almost $6.6 trillion every day. Foreign exchange refers to exchanging one currency trading with another for different reasons that include tourism, inter

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

EUR/USD Price, Chart, and Analysis Fundamentals and technicals look weak.The next ECB policy meeting is over a month away. The ECB raised all three of its policy rates by 75 basis points at the September 8 central bank meeting, steadying the single currency in the short-term, but with a host of othe

What is the Bank of England (BoE)? The Bank of England is the United Kingdom’s central bank. The BoE is tasked with setting monetary policy and issuing currency, as well as regulating banks and being the lender of last resort – meaning it provides loans to banks and other institutions that are in fi

#Industry 01 Q&A Weekly Review - What's Asked This Week? A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week. 02 CFreserve - Your Investment Might Be At Risk! Financial frauds have always been a conc

Introduction: Since the beginning of the year, the global outbreak of COVID-19 has prompted countries and major economies around the world to adopt a series of large-scale economic stimuli to ease policies. Central banks, led by the Federal Reserve, have adjusted their monetary policies to inject li