The Australian Dollar staged a comeback as the US Dollar Index (DXY) pulled back from its yearly highs. However, the Aussie Dollar may face challenges due to recent weak domestic and Chinese economic ...
The DXY's rapid surge to yearly highs above 107.00 was met with swift profit-taking, indicating a potential shift in market sentiment. The retreat suggests that buyers may have been overextended and a ...
US Retail Sales beat forecasts, but still grew by a smaller amount in October.
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that markets tend to overreact to interest rate changes, and that the Fed should maintain a slow and steady approach to ...
EUR/USD managed to regain some composure on Friday, although it remained well on the defensive in the past few days, hitting a new 2024 low in the sub-1.0500 region. The EMU Balance of Trade results ...
The Greenback’s rally began in early October, fueled by solid economic data from the US and, more recently, a boost from the so-called “Trump trade”. This was combined with the more prudent approach ...
The electorate complained about the economy and inflation, but the real source of discontent was – and continues to be – ...
Tech stocks have led the losses this afternoon as investors reassess the outlook for Fed policy following Powell's speech, says Chris Beauchamp, Chief Market Analyst at online trading platform IG.
MicroStrategy's executive chairman, Michael Saylor, predicts Bitcoin will hit $100,000 by the end of 2024, calling the United ...
The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback. Soft UK GDP ...
The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback. Soft UK GDP ...
Federal Reserve (Fed) Bank of Boston President Susan Collins hit the wires on Friday, downplaying pressures for continued rate cuts in the near term, but also keeping a steady hand underneath market ...