Following Wednesday’s choppy action in foreign exchange markets, investors are gearing up for key events that could ramp up the volatility. The European Central Bank will announce monetary policy decisions on Thursday
The last two years have been rough for the NFT market, and 2024 doesn’t look much better. With falling sales and investors losing appetite for digital artwork, market projections became less optimistic,
USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace
Silver (XAG/USD) declined below the psychological support of $30.00 in Tuesday’s European session. The white metal weakened from its multi-year high of $32.50 as the DXY Dollar Index saw a rebound amid
West Texas Intermediate (WTI) continues to decline for the fifth consecutive day, trading around $73.90 per barrel on Tuesday. This drop in crude oil prices is attributed to the Organisation of the
Caution must be ‘front and centre’ as GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million
Following the previous week’s choppy action, markets remain subdued on the first trading day of June. S&P Global will release revisions to May Manufacturing PMI data for Germany, the Eurozone, the UK and
The euro headed for its third successive decline against the pound sterling on Friday, with the EURGBP pair rising sharply at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both
Following Thursday’s choppy action, major currency pairs are holding steady early Friday as investors gear up for key data releases. Eurostat will publish the Harmonised Index of Consumer Prices (HICP) and the
Silver (XAGUSD) found temporary support near $31.20 in Thursday’s trading on Wall Street after correcting from a weekly high of $32.30. The white metal was supported and the Dollar declined further after
