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Forex
AUD/USD consolidates around 0.6200 ahead of US ISM Manufacturing PMI
AUD/USD trades back and forth around 0.6200 with investors focusing on the US ISM Manufacturing PMI data.
The Fed has signaled fewer interest rate cuts for…
US ISM Manufacturing PMI improves to 49.3 in December vs. 48.4 expected
The business activity in the US manufacturing sector contracted at a softer pace than expected in December.
The US Dollar Index stays in negative territory…
DXY: Overvalued USD consolidates – Scotiabank
After a solid start to the year yesterday, broad dollar gains have been checked back somewhat, leaving the Dollar Index (DXY) in consolidation mode into the…
PBoC: Will cut RRR and interest rates at proper time
The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at…
EUR/USD is at parity risk amid Fed-ECB policy divergence
EUR/USD finds interim support near 1.0220; however, more downside looks likely.
The Fed is expected to cut interest rates two times this year.
Investors…
China: 2024 growth target likely reached – Standard Chartered
Average official manufacturing and non-manufacturing PMIs edged up above 50 in Q4. IP and services production index growth likely remained resilient in…
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
Silver trades at $29.66 per troy ounce, up
0.35% from the $29.56 it cost on…
Nine Malaysia stocks ready for the next big moves [Video]
These 9 Malaysia stocks are poised for the next big move! The buy zones, and entry trigger were discussed in this video.
The exact setups, stop loss, detailed…
Pound Sterling faces pressure against USD as investors assess US economic outlook
The Pound Sterling seems vulnerable near 1.2400 against the US Dollar as the Fed has signaled fewer interest rate cuts this year.
Lower US Initial Jobless…
Pound Sterling Price News and Forecast: GBP/USD dipped below 1.2400
GBP/USD plunges to new lows to kick off the new trading year
GBP/USD struck a soft chord on Thursday, dumping over one percent on the outset of the new…