GBP/JPY may have reversed both its short and medium-term uptrends after the last bout of weakness. If so, the pair could see ...
If this is the case, then the pair is likely to eventually decline towards the lower boundary line of the pattern at around 151.50. After that, it could even break below that line and decline to the ...
Although U.S. commercial oil inventories rose for a third week, the backlog is growing. Inventories are now 3% lower than at the same time last year. They remain near the lower end of the range of the ...
The US Dollar plummets as investors expect Bessent to favor a more balanced tariff and taxation policy.
EUR/GBP trades back up to the level of the 50-day Simple Moving Average (SMA) at around 0.8350 on Monday, but more as a result of Pound Sterling (GBP) weakness than Euro strength.
Fed December 18. BoE December 19. Bank of Japan Dec 19.
Gold declines by over $30 on Monday after the news that Donald Trump has chosen Scott Bessent as the new US Secretary of the ...
The Mexican Peso recovered at the start of the week following news of the appointment of Scott Bessent as future US Treasury ...
Crude Oil takes a step back on Monday, trading at around $70, after a calmer weekend on the geopolitical front and ahead of a holiday-shortened week in the US due to Thanksgiving. The focus for the ...
Singapore Gulf Bank plans to raise at least $50 million to acquire a stablecoin payments company by early 2025. A Bloomberg report on Monday disclosed that the bank is planning to acquire a stablecoin ...
The AUD/USD pair surrenders a majority of its intraday gains after facing selling pressure near the intraday high of 0.6550 in Monday’s North American session. The Aussie pair drops even though the US ...
“Bank of England (BoE) DG Lombardelli’s first speech since joining the Bank earlier this year emphasized caution in easing rates amid signs that wage growth trends remain sticky. The remarks follow ...