Updates
Firm RBA Stance Clashes with Concerning Inflation Outlook: Impact on Aussie Dollar
On Tuesday, the Reserve Bank of Australia (RBA) opted to maintain the interest rate at...
Australian Dollar Slips as RBA Holds Interest Rate at 4.35%
In a widely anticipated move, the Reserve Bank of Australia (RBA) opted to maintain the...
The EUR/USD is holding onto its upward momentum near 1.0750, while Gold remains fixed around $2,300, ahead of the release of the US jobs report
The Euro (EUR) strengthened against the US Dollar (USD) on Thursday, closing higher after a...
Unveiling Fed’s Next Move: Will Powell Issue a Hawkish Warning Signal?
The Federal Reserve is expected to announce its monetary policy decision on Wednesday, following the...
EUR/USD Rebounds Above 1.0700 as Eurozone Data Supports Euro Strength
In the European session, the EUR/USD pair regained momentum, climbing above the 1.0700 mark. Eurostat’s...
US first-quarter GDP falls short of predictions, while personal consumption expenditure surpasses expectations, leading to a rise in the value of the US dollar
The US economy grew at a slower pace than expected in the first quarter of...
Australian Dollar holds ground after positive economic data
In the latest financial news, the Australian Dollar (AUD) has seen a consecutive rise, driven...
Forecast week ahead: Gold, EUR/USD, and USD/JPY, Bank of Japan meeting, US GDP, Core PCE, and the earnings reports
Get ready for a busy week in the markets! Traders will be juggling geopolitical news,...
Gold surges past $2,410 per ounce after news broke of an Israeli attack on Iran, as investors seek safe havens due to heightened geopolitical tensions.
Key takeaways: During Friday’s Asian session, the value of gold nearly reaches $2,410 per troy...
U.S. Inflation on Watch: Potential Impact on Currency and Stocks. Strategies for Navigating Market Uncertainty
The U.S. economy is facing challenges in bringing down inflation rates. As a result, there’s...
Gold Price Hits Record Highs Above $2,350 Despite Market Dynamics
In a remarkable turn of events, the price of gold experienced a sudden surge, jumping...
USD/JPY Climbs: Will Yen’s Slide Force Bank of Japan Action?
The Japanese Yen is losing value compared to the US Dollar, but traders are hesitant...
US JOLTS Job Openings to 8.75 million in February compared to forecast of 8.74 million and market response
The US Bureau of Labor Statistics (BLS) revealed in its Job Openings and Labor Turnover...
Gold Prices Hold Firm Near Record Levels Amid Reinforced Expectations for June Fed Rate Cut Following US PCE Data
Gold prices surged last week, breaking through the $2,200 mark and surpassing the previous record...
Aussie Dollar Eyes Rebound in Q2 as US Dollar Weakness Emerges
The Australian Dollar (AUD) has struggled against the US Dollar (USD) for the past few...
Economic Forecast for the Second Quarter: Bond Market Volatility and Potential Rate Cuts.
Here are some keys take away of global strategy 2Q 2024: This wait-and-see approach is...
Gold Price Stabilizes Following Significant Decline, Potential for New Record High Persists.
The gold market experienced a whirlwind of activity last week, marked by an initial surge...
Holi Festival: A Vibrant and Meaningful Spring Season
As we welcome the spring season, filled with new beginnings and colorful days of the...
Bitcoin Faces Bearish Signals as Momentum Wanes.
In the world of cryptocurrencies, Bitcoin’s (BTC) upward momentum has shown a significant decline for...
US Dollar Hits Weekly Lows Post-Fed Decision and Powell’s Press Conference.
The US dollar weakened (DXY fell below 103.50) after the Federal Reserve kept interest rates...
Federal Reserve Expected to Maintain Interest Rates; Policy Outlook to Influence Markets and US Dollar.
The Federal Reserve’s monetary policy announcement on Wednesday is expected to be uneventful. Most experts...
Shifting Policy: Bank of Japan Abandons YCC, Ends Negative Rates.
After its two-day monetary policy meeting concluded on Tuesday, the members of the Bank of...
Will Gold Hit New Highs or Dive After Fed Meeting? Fed Decision Holds the Key.
This week witnessed a decline in gold prices (XAU/USD) by approximately 1.05%, reaching $2,155, driven...
Soaring PPI and Jobless Claims Data Fuel Dollar Rally Ahead of Anticipated Fed Action.
On Thursday, the US dollar experienced a significant rise, rebounding from a period of relative...
US Dollar’s Reaction to PPI and Retail Sales Data.
On Wednesday, the US dollar saw a slight decline, although this was moderated by an...
US Inflation: February Surprise or Sign of Trouble?
Inflation surprised economists for the second month in a row, exceeding expectations in February. This...
Inflation in Focus: Key Takeaways from the CPI Report for Investors.
Investors are eagerly awaiting the release of a critical inflation report today (Tuesday). This report,...
Gold Above $2,180 – Investors Eye US Inflation and Retail Sales Data
The price of gold (XAU/USD) continues to rise above $2,180, hitting new record highs of...
Aussie Dollar Soars on Weak US Dollar, Jobs Report in Focus
Essentially, the hope of lower interest rates in the US is weakening the USD and...
Gold Breaks All-Time Record: Rate Cuts Fuel Precious Metal’s Rally
Gold (XAU/USD) extends its rally for a seventh consecutive session, reaching a record high near...