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Forex
Tesla stock down 17% as Musk-Trump breakup worries Wall Street
Musk and Trump go back and forth with criticism on social media.TSLA dives as much as 17% on Thursday.Tesla (TSLA) stock is facing one of its worst trading…
Canadian Dollar continues to gain ground, but momentum is fizzling
The Canadian Dollar tested a new eight-month high against the US Dollar on Thursday.Overall market momentum remains limited ahead of key US NFP labor…
Dow Jones Industrial Average loses some ground as Trump and Musk clash
The Dow Jones is holding steady as markets await Friday’s NFP report.Despite an overall upbeat tone to equities, market sentiment remains hobbled.The US is…
Mexican Peso strengthens ahead of Friday’s NFP data, with US-Mexico relations in focus
Mexican Peso rises to its highest level since last October against the US Dollar on weakening US labour data.Mexico is expected to file its official request…
Fed’s Kugler: I see greater upside risks to inflation and downside risks to employment
Federal Reserve (Fed) Board of Governor member Adrianna Kugler noted on Thursday that although growth remains firm (albeit subdued) and Fed policy appears to…
Circle Internet Group stock spikes 235% on IPO debut
CRCL surges over 230% on IPO, hitting $103.75 per share.Circle Internet Group issues the popular USDC stablecoin pegged to the US Dollar.CRCL debuted by…
US Pres. Trump: Concluded a very good phone call with President Xi of China
United States (US) President Donald Trump said on Truth Social on Thursday that he had a "very good phone call" with Chinese President Xi Jinping, during which…
Gold prices retreat after US President Trump and Chinese President Xi engage in trade talks
Gold prices ease after US President Trump confirmed that he had a "very good call with President Xi, of China."Positive developments and renewed hopes for a…
EUR/USD climbs to six-week high as ECB cuts interest rates, US Jobless Claims disappoint
EUR/USD extends its gains, reaching its highest level since April 22 on Thursday.The ECB cuts its key interest rate by 25 bps, signaling a data-dependent…
ECB Press Conference: Lagarde speaks on policy outlook after lowering key rates by 25 bps
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the June policy meeting…