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Markets
Australian Dollar receives support from RBA Bullock’s cautious remarks
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following…
US Treasury Sec. Bessent says he expects a rebalancing soon, where India buys less Russian oil
US Treasury Secretary Scott Bessent said on Friday that we are going to see rebalancing where India buys less Russian oil soon.Key quotesSoon we are going to see rebalancing where…
WTI declines below $61.50 on cooling Middle East tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.20 during the early Asian trading hours on Friday. The WTI loses traction amid easing geopolitical…
GBP/USD crashes to 1.3300 as US shutdown fuels Greenback strength
GBP/USD accelerated into the bearish side on Thursday, falling nearly eight-tenths of one percent and sending Cable bids into the 1.3300 handle for the first time since early…
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RBA’s Bullock says services inflation remains a little sticky
Reserve Bank of Australia (RBA) Governor Bullock said on Friday that services inflation remains a little sticky.Key QuotesServices inflation remains a little sticky.Labour market…
USD/JPY steadies around 153.00 as Yen extends six-day losing streak
emphasized that Japan “must achieve demand-led inflation,” but noted The Japanese Yen weakens for a sixth straight day as USD/JPY holds near 153.00.Political developments in Japan…
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Gold drops under $4,000 as DXY surges
Gold price retreated during the North American session on Thursday after hitting a record high of $4,058, plunges below $4,000 as the Greenback posts solid gains.. XAU/USD trades…
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