EURUSD rose to near 1.0440 as the US dollar declined in Thursday’s European session, with the DXY Dollar Index, which tracks the greenback’s value against six major currencies, falling to near 106.90. The dollar
Markets are soaring, seemingly unshaken by the relentless storm of policy upheavals which could potentially undermine US economic exceptionalism, warns the CEO of global financial giant deVere Group. Nigel Green is weighing in
Investors observed heightened volatility in some currencies on Wednesday following key data releases and central bank decisions. In the second half of the day, housing starts and building permits data for January
The GBPUSD currency pair broke its five-day winning streak, trading around 1.2600 during Tuesday’s Asian session, as traders are awaiting UK employment data later in the day. The Claimant Count Change for
A decade after the idea was first put on the table, Cyprus and Egypt have finally agreed to transport natural gas from the island’s as yet unutilised offshore reserves to facilities on the
The EURGBP currency pair retraced its recent gains from the previous session, trading around 0.8330 during Monday’s Asian hours. The Euro faces downward pressure as several European Central Bank officials remain comfortable
Silver surged over 2.5% to near $33.30 in Friday’s North American markets, the highest level seen in more than three months. The white metal (XAGUSD) soared even though risks of a global
Bitcoin has been on a spectacular run over the past three months, capping off 2024 with an impressive 125% gain, while the rally continues into 2025. The world’s largest crypto hit a
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later
With new data showing US inflation remaining not only persistent but getting hotter, Nigel Green, CEO of financial advisory giant deVere Group, said advances in technology could provide a crucial buffer against rising
