The Federal Open Market Committee maintained its policy rate in the target range of 4.25-4.5% on Wednesday, a move predicted last year by Nigel Green, CEO of leading independent financial advisory deVere Group.
EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision later in the day, following the Fed’s decision on Wednesday to keep
EURUSD slides to near 1.0400 in Wednesday’s North American session, with investors focusing on the Federal Reserve monetary policy announcement at 19:00 GMT. The Fed is widely anticipated to keep interest rates steady in
US energy major ExxonMobil last week spudded the Elektra wildcat well on Cyprus’ deepwater Block 5, the Middle East Economic Survey reported. A wildcat is a small-diameter well drilled in a new area
The Pound Sterling extended its losses against the greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries. Risk aversion extended for the second
The EURUSD major currency pair tumbled to near 1.0420 in Tuesday’s North American session as the US dollar strengthens amid a global sell-off in technology, power and data centre stocks, which has increased
Bitcoin has slipped below the $100,000 threshold, weighed down by ripples from the dramatic rise of DeepSeek, a Chinese artificial intelligence company that has upended market expectations. The shake-up has unsettled investor
Following Monday’s choppy action, the US dollar is gathering strength against its rivals early Tuesday as markets assess US President Donald Trump’s latest comments on tariffs. Later in the day, December Durable
The EURJPY cross trades in positive territory around 162.55 during the early European session on Tuesday. However, the potential upside of the cross might be limited amid concerns about US President Donald
West Texas Intermediate (WTI) gained a firm footing near $74.00 in Monday’s European session, with the benchmark crude oil rising as the market sentiment turns cheerful after US President Donald Trump reversed
