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Forex
Japan’s Top FX Diplomat Mimura: Closely watching FX moves with a high sense of urgency
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Thursday, he is “closely watching FX moves…
Australia’s Trade Surplus decreases to 4,609M MoM in September vs. 5,300M expected
Australia’s trade surplus decreased to 4,609M MoM in September versus 5,300M expected and 5,644M in the previous reading, according to the latest foreign trade…
EUR/USD falls apart on Wednesday in post-election Greenback rush
EUR/USD plummeted nearly 2% on Wednesday as markets bid up the US Dollar.
Fiber saw one of its worst days in years as markets struggle to find a reason to…
Gold loses its shine as Trump’s victory boosts US Dollar
Gold price tanks as US yields rise and underpin the Greenback.
Trump’s decisive win lifts US yields and US Dollar to four-month high, pressuring Gold.…
Mexican Peso rebounds after US election results, inflation data eyed
Mexican Peso recovers but remains volatile; USD/MXN surged to yearly high of 20.80 before retreating.
Trump’s tariff threats keep Mexican markets on edge;…
Forex Today: Will the Fed add to the euphoria?
The Greenback was set for its biggest one-day gain since 2020, boosted by Trump’s victory and the rising chances of a “Red Sweep.” Up next is the Fed meeting,…
Dow Jones Industrial Average soars 1,400 points in post-election splurge
The Dow Jones reached a new record high after Trump looks set to beat Harris into the White House.
A decisive election result is tipping stocks into a…
US Dollar hits four-month high on 2024 Trump election win
Trump victory raises expectation of policy-induced inflation, forcing Fed to keep policy restrictive for longer.
FOMC meets on Thursday with a 25 bps cut…
UnitedHealth stock surges on Trump election win
UNH stock jumps more than 6% on Trump presidential election win.
Health insurers that manage Medicare Advantage programs saw their share prices rise.
The…
GBP/USD Price Forecast: Sinks below 1.2900 amid concerns over Trump’s policies
GBP/USD breaches key 1.2850 level; eyes 200-day SMA support at 1.2811.
Close below 200-day SMA may lead to further losses, with next support at 1.2664.
RSI…