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Markets
Brazil currency rout risks worsening unless Lula delivers fiscal reforms
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brazil’s currency rout will continue to escalate unless…
USD/CHF trades below 0.8950 after pulling back from six-month highs
USD/CHF retreats after hitting 0.8974, a level not seen since July 2024, on Tuesday.
CME FedWatch tool suggests almost fully pricing in a quarter basis…
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in United Arab Emirates on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at…
Gold price edges higher ahead of Fed decision; upside potential seems limited
Gold price moves further away from over a one-week low touched the previous day.
Bets for a less dovish Fed, elevated US bond yields and a bullish USD…
USD/INR steadies as investors await Fed rate decision
The Indian Rupee holds steady in Wednesday’s Asian session.
Outflows from local equities and the widening of India’s November merchandise trade deficit…
Australian Dollar depreciates as US Dollar remains solid ahead of Fed decision
The Australian Dollar declines amid market caution ahead of Fed policy decision.
The Aussie Dollar receives downward pressure from the increased likelihood…
WTI holds below $70.00 as weak Chinese data sparks demand concerns
WTI price declines to near $69.70 in Wednesday’s early Asian session.
Chinese economic data stoked concerns about demand, weighing on the WTI price.
US…
EUR/USD unplugs bullish attempt, slips back below 1.05
EUR/USD shed a fresh fifth of a percent against the Greenback on Tuesday.
Fed-centric US data docket dominates investor sentiment.
EU data remains light…
Nvidia stock cascades below $130 despite 5G partnership with Verizon
NVDA stock trades below $130 for the first time in two months.
Verizon and Nvidia introduce private 5G network solution for AI.
Nvidia stock also loses…
Silver Price Forecast: XAG/USD slips below 100-day SMA, eyes $30.00
Silver price falls 0.28%, signaling potential further downside.
Technical indicators suggest fading bullish momentum, with a near-term focus on the 200-day…