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Crude Oil Prices Slump 1% As Market Weighs Trump’s Tariffs And Sluggish Chinese Demand
FinanceNews

Crude Oil Prices Slump 1% As Market Weighs Trump’s Tariffs And Sluggish Chinese Demand

Monicah WNovember 9, 2024November 9, 2024

Crude oil prices slid over 1% on Friday, pushing toward the $71.00 level and marking another week of challenges in…

GBP/USD Drops 0.37% Below 1.3000 Mark Amid Dollar Surge- Key Support Levels At 1.2894 And 1.2814 Signal Potential Downtrend
FinanceNews

GBP/USD Drops 0.37% Below 1.3000 Mark Amid Dollar Surge- Key Support Levels At 1.2894 And 1.2814 Signal Potential Downtrend

Sean WilliamsNovember 9, 2024November 9, 2024

The GBP/USD exchange rate continues to struggle as the British Pound slips deeper below the 1.3000 level, pressured by a…

Trump’s Economic Policies 2.0- Why 60% Of Economists Predict Rising Inflation And Slower Growth By 2025
FinanceNews

Trump’s Economic Policies 2.0- Why 60% Of Economists Predict Rising Inflation And Slower Growth By 2025

Monicah WNovember 9, 2024November 9, 2024

Donald Trump’s return to the White House in a decisive win has set the stage for sweeping changes in U.S.…

Mexican Peso Drops Amid 3.5% Spike In US Consumer Sentiment- What It Means For USD/MXN
FinanceNews

Mexican Peso Drops Amid 3.5% Spike In US Consumer Sentiment- What It Means For USD/MXN

Sean WilliamsNovember 9, 2024November 9, 2024

The Mexican Peso (MXN) has seen a dip in value against the U.S. Dollar (USD) as global markets react to…

Gold Price Forecast- $2,690 As Interest Rate Expectations, Dollar Strength, And Trump Impact Weigh Heavy
FinanceNews

Gold Price Forecast- $2,690 As Interest Rate Expectations, Dollar Strength, And Trump Impact Weigh Heavy

Monicah WNovember 9, 2024November 9, 2024

The gold market is feeling the heat, with prices slipping further as the post-election fallout from Donald Trump’s re-election impacts…

US Dollar Index Climbs 0.42% As Consumer Confidence Rises To 73 In November, Outpacing Forecasts
FinanceNews

US Dollar Index Climbs 0.42% As Consumer Confidence Rises To 73 In November, Outpacing Forecasts

Sean WilliamsNovember 9, 2024November 9, 2024

In a positive turn for the U.S. economy, the University of Michigan’s Consumer Confidence Index surged to 73 in November,…

EUR/GBP Hits Lowest Level In Over A Week- Bearish Pressure Builds As RSI Dips To 42
FinanceNews

EUR/GBP Hits Lowest Level In Over A Week- Bearish Pressure Builds As RSI Dips To 42

Sean WilliamsNovember 9, 2024November 9, 2024

The EUR/GBP pair is currently on a four-day losing streak, hitting its lowest levels in over a week, as bearish…

USD/JPY Price Forecast- Major Trendline Support At 152.55 Could Propel Pair Toward 157.86
FinanceNews

USD/JPY Price Forecast- Major Trendline Support At 152.55 Could Propel Pair Toward 157.86

Monicah WNovember 9, 2024November 9, 2024

The USD/JPY pair recently pulled back to a critical trendline, found support, and is poised for a potential recovery. Despite…

Mexican Peso Falls 1.85% Against USD As Trump’s Tariff Threats Weigh, Banxico Expected To Cut Rates By 25bps
FinanceNews

Mexican Peso Falls 1.85% Against USD As Trump’s Tariff Threats Weigh, Banxico Expected To Cut Rates By 25bps

Sean WilliamsNovember 9, 2024November 9, 2024

The Mexican Peso (MXN) continued its downward spiral on Friday, plunging by 1.85% against the US Dollar (USD), as markets…

US Dollar Strengthens By 1.25% Amid Positive Consumer Sentiment Data And Fed’s 25bps Rate Cut, DXY Targets 105.50 Resistance
FinanceNews

US Dollar Strengthens By 1.25% Amid Positive Consumer Sentiment Data And Fed’s 25bps Rate Cut, DXY Targets 105.50 Resistance

Monicah WNovember 9, 2024November 9, 2024

The US Dollar strengthened as the week drew to a close, buoyed by a combination of positive economic data and…

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