The US Dollar suffered large losses against its major rivals in the American session on Wednesday as investors reacted to the Federal Reserve’s policy decisions and Chairman Jerome Powell’s remarks on the
The EURUSD pair declined to the lower 1.0800s on Wednesday, after several European Central Bank speakers, including President Christine Lagarde and Bank of Ireland Governor and ECB governing council member Gabriel Makhlouf, cited
Further gains saw the USD Index (DXY) advance to three-week highs past the 104.00 hurdle on Tuesday despite the corrective decline in US yields. The Federal Reserve interest rate decision, along with
By Naeem Aslam This will be another pivotal week for investors and traders who have been trying to gauge the next move from the Federal Reserve in terms of its monetary policy.
The Magnificent Seven tech stocks look cheap compared to other stocks within the S&P 500, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.
Crude oil prices for the benchmark West Texas Intermediate (WTI) are oscillating in a narrow range, just above the mid-$80.00s in Asian trading on Friday and remain well within striking distance of
The EURUSD exchange continued trading in the mid 1.0900s after pulling back from a peak at 1.0981 achieved last week. With data releases and events affecting both sides of the Euro-dollar pair
Gold dipped 1.1% after the US inflation print came in higher than expected, with economists at TD Securities saying yellow metal may drift modestly lower toward the $2,025-2,100 range. The February CPI
The benchmark West Texas Intermediate (WTI) crude oil price hovered around $77.80 per barrel in Asian trading on Tuesday. Oil markets remain subdued, awaiting the release of the Consumer Price Index (CPI)
Euro-Sterling is holding positive ground below the mid-0.8500s during early European trading on Tuesday. The EURGBP cross is edging higher following the UK labour market and German inflation data, trading around 0.8540,
