The British Pound (GBP) took a sharp dive against the US Dollar (USD) early Wednesday, reaching near 1.2850, as investors pivot to “Trump trades” following Republican candidate Donald Trump’s recent wins and leads in key swing states like North Carolina, Pennsylvania, and Michigan. The heightened probability of a Trump victory […]
Germany’s manufacturing sector showed signs of resilience as factory orders unexpectedly jumped 4.2% in September, far surpassing the anticipated 1.5% growth. The rebound, reported by the Federal Statistics Office, is a positive indicator following a 5.4% drop in August, suggesting that German industry may be regaining momentum. Manufacturing Sector Recovery […]
The Indian Rupee (INR) is struggling, touching record lows as former U.S. President Donald Trump looks increasingly likely to reclaim the presidency. Early European trading on Wednesday saw the USD/INR pair climb amid a strong U.S. Dollar and heavy foreign fund outflows from Indian markets, heightening pressure on the rupee. […]
In a high-stakes election, former President Donald Trump appears poised to return to the White House, leading the 2024 U.S. presidential race against Democratic nominee Kamala Harris. The win in North Carolina, a pivotal swing state, solidifies Trump’s path, marking a crucial victory in a series of battlegrounds that have […]
