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Forex
Australian Dollar depreciates due to risk aversion following Trump’s tariff decision
The Australian Dollar extends its losses as market sentiment takes a hit following Donald Trump’s announcement of increase in tariffs.
Australia’s Monthly…
WTI drifts lower to near $68.50 on possible Middle East ceasefire deal
WTI price attracts some sellers to near $68.55 in Tuesday’s Asian session.
The possible Middle East peace deal caps the WTI’s upside.
Expectations for a…
Fed’s Kashkari: It’s reasonable to consider a rate cut in December
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that it is still appropriate to consider another interest-rate reduction at the…
Fed’s Goolsbee argues for rate cuts barring signs of overheating
Federal Reserve Bank of Chicago President Austan Goolsbee said on Monday that he foresees the Fed continuing to lower rates toward a stance that neither…
Forex Today: Investors’ focus gyrates to the FOMC Minutes
The Greenback started the week on the back foot following alleviated concerns surrounding the US political backdrop after President-elect D. Trump unveiled his…
Dow Jones Industrial Average reaches new highs on Trump selections
The Dow Jones tapped a new all-time high bid just shy of 44,800 on Monday.
Equity markets are pivoting broadly bullish after Trump signals his Treasury…
Gold price tumbles on Israel-Hezbollah ceasefire rumors, furious risk-on mood
Gold sees significant sell-off on developments in the Middle East.
Markets viewed Scott Bessent's appointment as Treasury Secretary positively.
Possible…
Mexican Peso rallies on upbeat market mood, weak US Dollar
Mexican Peso gains traction against the US Dollar, spurred by an uplift in global risk appetite and a softer Greenback.
Wall Street responds favorably to…
EUR/CAD Price Analysis: Pair snapped losing run, bears took foot off gas
EUR/CAD is up 0.87% on Monday.
Pair broke four-day losing streak as bears eased pressure, consolidating after indicators hit oversold territory.
EUR/CAD…
Pound Sterling Price News and Forecast: GBP/USD advances, yet remains below 1.2600
GBP/USD Price Forecast: Advances, yet remains below 1.2600
The Pound Sterling advances modestly against the Greenback on Monday, with market participants…