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Forex
Australian Dollar halts its losing streak, draws support from China’s stimulus measures
Australian Dollar received support as the China Foreign Exchange Committee pledged to support the Chinese Yuan.
China's trade surplus widened in December,…
PBOC Governor Pan: Interest rate and RRR tools will be utilized to maintain ample liquidity
People's Bank of China (PBOC) Governor Pan Gongsheng said on Monday that “interest rate and RRR tools will be utilized to maintain ample liquidity.”…
EUR/USD falls below 1.0250 due to increased likelihood of Fed keeping rates steady
EUR/USD depreciates as strong US labor data bolster expectations that the Fed will maintain its current interest rate levels.
US Nonfarm Payrolls increased…
Gold Price Forecast: XAU/USD loses ground below $2,700 amid firmer US Dollar
Gold price loses ground to around $2,690 in Monday’s early Asian session.
The upbeat US job report and surging USD weigh on the Gold price.
Trump's policy…
US and UK tighten sanctions on Russian oil industry
The United States (USD) and the United Kingdom (UK) administration imposed tougher sanctions against Russia's oil industry, targeting nearly 200 vessels of the…
Los Angeles wildfires send Travelers stock lower as Dow Jones reels from hot labor market
AccuWeather estimates that damage from LA wildfires could reach $150 billion.
JPMorgan estimates $20 billion worth of insured damage.
Chubb, Travelers and…
Forget $4 trillion: Nvidia is on course to become the world’s first $5 trillion stock in 2025
The 2020s have been a whirlwind decade for Wall Street’s brightest tech stocks, and 2025 could see even more growth as it appears certain that one of the…
Pound Sterling Price News and Forecast: GBP/USD plummets on surprisingly upbeat US job demand
Pound Sterling plummets on surprisingly upbeat US job demand
The Pound Sterling (GBP) plunges to near 1.2200 against the US Dollar (USD) in Friday’s New York…
Silver Price Forecast: XAG/USD surges above $30.00 amid high US yields, strong USD
Silver climbs 0.80% to $30.35, outstripping concerns over U.S. inflation, Fed scrutiny.
Technical hurdle at 50-day SMA of $30.42; breach could push silver…
US Dollar adds gains after NFPs figures
December’s NFP report showed better results than expected.
The Federal Reserve’s easing timeline faces fresh scrutiny after Unemployment Rate falls.
Higher…