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Browsing Category
Forex
The change in border policy is disinflationary
Federal Reserve (Fed) governor Stephen Miran spoke at a Fox Business interview on Friday, stating that monetary policy should be forward-looking and that wage gains have…
Dow Jones Industrial Average slides as AI stocks recover, data awaited
The Dow Jones Industrial Average (DJIA) lagged behind its major index peers on Friday, backsliding nearly 600 points at its lowest before staging a half-hearted recovery, trimming…
USD/JPY rebounds toward nine-month highs as US Dollar steadies
USD/JPY trims early losses on Friday, with the pair rebounding toward nine-month highs as the US Dollar (USD) stabilizes. At the time of writing, USD/JPY is trading around 154.70,…
AUD/USD climbs on strong Australian jobs data, US Dollar uncertainty
AUD/USD trades higher on Friday around 0.6550 at the time of writing, up 0.30% on the day, supported by renewed demand for the Australian Dollar (AUD) following solid economic…
USD/CHF lifts off lows after US-Swiss tariff agreement
USD/CHF stages a modest rebound on Friday after slipping to its lowest level since October 17 earlier in the European session. The pair found support as traders reacted to…
Trend change – Money made
S&P 500 trend change it was, as per yesterday‘s title and short calls bringing great profits to all clients, swing and intraday. The veracity of the push lower clearly says…
Gold plunges over 2.5% as heavy selling wipes out most of the week’s gains
Gold (XAUUSD) comes under heavy selling pressure on Friday as bulls struggle to hold early gains amid mixed market sentiment. At the time of writing, XAU/USD is trading around…
GBP/USD mired at seven-month lows
GBP/USD mired at seven-month lows amid political and fiscal concernsThe GBP/USD pair declined to 1.3149 on Friday, hovering near a seven-month low. The sell-off was triggered by…
Positive supply news for the Copper market – Commerzbank
The Copper price only briefly exceeded the $11,000 per ton mark, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes. Chance for further downward correction in the…
Indian Rupee ticks higher against US Dollar, India’s WPI inflation declines 1.21%
The Indian Rupee (INR) ticks up against the US Dollar (USD) at open on Friday. The USD/INR pair edges lower to near 88.85 as the US Dollar extends its downside. Although the Indian…