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Markets
GBP/USD Extends Bullish Momentum as the Dollar Weakens
GBP/USD climbed approximately 0.45% on Tuesday, supported by a general decrease in global US Dollar (USD) flows. Investor sentiment is positive as we approach the midpoint of a…
BoC December Minutes highlight cautious optimism amid risks
The Bank of Canada’s (BoC) December meeting minutes show policymakers becoming more confident in the economy’s resilience while remaining cautious amid unusually high uncertainty.…
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Canadian Dollar tests five-month highs on Tuesday
The Canadian Dollar (CAD) touched its highest bids in five months against the US Dollar (USD) on Tuesday, sending the USD/CAD pair to its lowest levels in 22 weeks. The Greenback…
Silver hits record above $71 on safe-haven demand, Fed easing outlook
Silver (XAG/USD) extends its rally for a third straight day, up 2.80% on Tuesday, and trades close to its historical highs. The white metal prints a new record high at $71.09 and…
Dow Jones climbs 100 points amid bullish sentiment and GDP optimism
US stocks extended their recent rally on Tuesday, with major indexes posting a fourth consecutive day of gains as investors continued to favor artificial intelligence–related names…
USD/JPY dips as Yen firms, despite robust US economic performance
USD/JPY trades around 156.40 on Tuesday at the time of writing, down 0.40% on the day. The pair remains under pressure despite a US Dollar (USD) supported by a string of…
GBP/USD eases from October highs as markets digest US data
The British Pound (GBP) pares earlier gains against the US Dollar (USD) on Tuesday as traders digest a mixed batch of US economic data. At the time of writing, GBP/USD trades…
Gold retreats from fresh highs as markets digest mixed US data
Gold (XAU/USD) gives up part of its intraday gains on Tuesday as the US Dollar (USD) stages a mild rebound following a mixed batch of US economic data. At the time of writing,…
Buyers looking for rally between $1144.4 – $1196.17
Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It comes under Healthcare sector & trades as “LLY” ticket at NYSE.As discussed…