By Aaron Hill A bright spotlight falls on Tuesday’s US November employment report, and it is arguably the dominant asset driver. This is due to comments from Fed Chair Jerome Powell last week,
The US Dollar extended its rally against the Japanese Yen for the second consecutive day on Friday. The currency pair has erased weekly losses and is nearing 148.00 from Thursday’s lows below
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.
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index remains in a consolidation phase at around 102.50 in European
After witnessing a solid turnaround in U.S. markets on Wednesday, the Dollar pauses its recovery and remains in a consolidative mode heading into the European trading on Thursday. Traders turn cautious and
The EURUSD pair is trading flat in the early European session on Thursday after the first cut in U.S. interest rates in four years. The major pair initially edged higher to monthly
With the Federal Reserve expected to cut interest rates for the first time in four years, the AI sector – which is experiencing a dip – is primed for a significant rally,
The US Federal Reserve will conclude its two-day policy meeting and announce the interest rate decision on Wednesday. For the first time in a very long time, markets are unsure about what
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the lowest since December 2023. Crude oil prices depreciate due to
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
