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Forex
Pound Sterling remains firm above 1.2700 with eyes on UK inflation
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data.
UK inflation is forecasted to have declined sharply in…
Hang Seng Index Elliott Wave technical analysis [Video]
Hang Seng Index Elliott Wave Analysis Trading Lounge Day Chart,
Hang Seng Index Elliott Wave technical analysis
Function: Trend.
Mode: Corrective.…
Japanese Yen attempts to halt losses, while US Dollar remains steady
The Japanese Yen depreciates due to hawkish sentiment surrounding the Fed maintaining higher rates for longer.
Japanese Finance Minister Shunichi Suzuki…
Dow at 40,000: Here’s how it got there
The Dow Jones Industrial Average made history this past Thursday, reaching the 40,000-point mark for the first time ever. It broke over 40,000 at about 10:30…
WTI moves below $79.00 following hawkish remarks from Fed officials
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer.
The death of Iran’s…
USD/INR finds some support amid modest US Dollar recovery
Indian Rupee edges lower amid renewed USD demand on Tuesday.
The ongoing Indian equity outflows might weigh on the INR.
Speeches by Fed’s Waller,…
Australian Dollar remains steady after RBA Minutes
The Australian Dollar appreciates due to improved risk appetite on Tuesday.
Australia’s Consumer Confidence fell 0.3% MoM in May, marking the third…
Gold price extends its upside as investors bet on rate cuts
Gold price trades on a stronger note on Tuesday amid the softer USD.
The hope for Fed rate cuts, rising geopolitical risks, and strong gold demand support…
New Zealand Treasury: There is no near-term turning point seen for the economy
The New Zealand Treasury's Economic Update issued late last week showed that there is no near-term turning point seen for the economy and the consensus expects…
GBP/USD extends its upside above 1.2700, investors await fresh catalysts
GBP/USD holds positive ground around 1.2710 in Tuesday’s early Asian session.
Fed officials remain cautious about the timing of rate cuts, emphasizing the…