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Forex
Dow Jones climbs 450 points after early AI shudders
The Dow Jones Industrial Average (DJIA) rose 450 points on Wednesday, sparked by renewed market optimism that the US economy is performing so poorly that the Federal Reserve (Fed)…
Gold floats around $4,200 amid US Dollar slide, growing Fed-pivot bets
Gold price declines some 0.20% on Wednesday as US economic data, although mixed, reaffirmes traders’ expectations for a rate cut next week at the Fed's meeting. XAU/USD trades…
AUD/USD rises as US Dollar weakens on Fed Chair talk, RBA outlook
AUD/USD trades firmly on Wednesday, around 0.6590 at the time of writing, up 0.50% on the day. The pair remains supported by the underperformance of the US Dollar (USD), which…
Soars as speculation over Hassett fuels Fed-pivot bets
GBP/USD soars as speculation over Hassett fuels Fed-pivot betsGBP/USD rallies on Wednesday during the North American session, surpasses the 1.3300 figure as market participants…
No one understands Fed’s balance sheet
United States (US) Treasury Secretary Scott Bessent said that he would, going forward, press for the Fed's Board of Governors in Washington to veto appointments of candidates who…
US ISM Services PMI surpasses consensus in November
Fresh data from the Institute for Supply Management (ISM) showed the Services Purchasing Managers Index (PMI) picking up to 52.6 in November from 52.4, beating expectations of 52.1…
USD softens as Trump signals Hassett for Fed Chair – Scotiabank
The US Dollar (USD) twitched nervously yesterday as President Trump referred to CEA head Hassett as the 'potential' Fed chair. This morning sees the USD broadly lower and the US…
Sprott Physical Silver Trust (PSLV) surges to a new all‑time high
Sprott Physical Silver Trust (PSLV) is a closed-end fund managed by Sprott Asset Management. It provides investors with direct exposure to physical silver bullion. Unlike synthetic…
About Commerzbank’s Turkish Lira market commentary
(This story was corrected on December 3 at 12:40 GMT as its content was written as a preview ahead of the Turkish CPI data for November. The story shouldn't have been released as…
AUD/USD approaches 0.6600 as US Dollar underperforms
The AUD/USD pair extends its winning streak for the ninth trading day on Wednesday. The Aussie pair posts a fresh monthly high near 0.6580 as the US Dollar (USD) underperforms its…