The Pound Sterling advanced 0.31% as the greenback weakened on Monday, testing last week’s high of 1.2987. Investors eye crucial monetary policy decisions by the US Federal Reserve and the Bank of
West Texas Intermediate (WTI) futures on NYMEX posted a fresh weekly high near $68.00 on Monday, with the benchmark crude oil price strengthening on hopes that China’s fresh monetary stimulus plan will
The US dollar has endured a punishing start to the year, and the factors dragging the greenback lower are unlikely to fade anytime soon, according to a bearish prediction by the CEO
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
By Naeem Aslam US and European futures are lower on Monday as traders embrace big economic data, while also digesting the economic data out of China over the weekend. The Chinese Manufacturing
When the Federal Reserve cuts interest rates at its September meeting, as is now widely expected, Wall Street could hit fresh highs, predicts the CEO of a leading independent financial advisory and
EURUSD recovered its recent losses from the previous session, trading around 1.1170 in Asian markets on Tuesday. This follows the currency pair hitting 1.12 for the first time in 2024. Optimism prevails
The Federal Reserve is teetering on the brink of a critical decision—one that could either save the US economy from a looming recession or plunge it deeper into peril, warned the chief
The EURUSD rallied sharply after hitting a daily low of 1.110,5 as Federal Reserve Chairman Jerome Powell said, “the time has come for policy to adjust,” opening the door to ease policy.
