Sara Patterson is a career writer and a former student of international relations. After earning a Master’s Degree in political science Sara spent several years working for various internet companies and teaching English writing at the college level to students in their freshman year. She now focuses her energies on reading several newspapers each day and considering how the news may affect both the currency markets and the political economy in general. She specializes in writing fundamental analysis and interpreting how news from across the globe will propel the markets in both the short and long terms.
In her spare time, Sara enjoys carving fruit, rock climbing and Zumba. She also cares for 3 dogs and an iguana.
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A New York Federal Reserve report released on Tuesday showed that American’s borrowing hit $13.29 trillion in the second quarter of 2018.
European stock indexes traded higher on Tuesday after two days of selling sent stock prices broadly lower in Europe and across the globe.
Gold prices were stuck near 18-month lows on Tuesday morning after the U.S. dollar hit a 13-month high on Monday.
Global stocks indexes hit fresh lows on Monday as traders dumped equities and shed emerging market shares in favor of safer assets including the government bonds and the U.S. dollar.
The Turkish lira plummeted over the weekend, hitting a record low of 7.06 lira to the dollar in early Asian trade.
Canadian manufacturing and exporting industries were under fire on Sunday, feeling the heat from both the United States and Saudi Arabia.
Oil prices were higher on Thursday morning in Asia in an effort to reverse some of the losses they’ve seen over the past few days of heavy selloffs.
Oil prices ended July significantly lower and continued to decline into August after data released on Tuesday showed U.S. crude stockpiles rose unexpectedly.
Asian stock indexes were trading lower to start the day on Tuesday after Wall Street failed to close higher.
The U.S. dollar was steady at the start of the Asian trading session on Monday as traders eagerly awaited the central bank announcements that are expected later this week.