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Japanese Yen Struggles To Capitalize On Modest Gains As USD/JPY Hits 4-Month High- Intervention Concerns And Fed Decision Weigh On Outlook
FinanceNews

Japanese Yen Struggles To Capitalize On Modest Gains As USD/JPY Hits 4-Month High- Intervention Concerns And Fed Decision Weigh On Outlook

Monicah WNovember 7, 2024November 7, 2024

The Japanese Yen (JPY) has struggled to build on modest intraday gains, remaining under pressure as it grapples with market…

Gold Price Drops To $2,650 As US Dollar Hits 4-Month High And Treasury Yields Surge To 4.47% Ahead Of Fed Rate Cut Decision
FinanceNews

Gold Price Drops To $2,650 As US Dollar Hits 4-Month High And Treasury Yields Surge To 4.47% Ahead Of Fed Rate Cut Decision

Sean WilliamsNovember 7, 2024November 7, 2024

Gold prices remain under significant pressure despite a slight dip in the US Dollar as the market gears up for…

USD/INR Surges Past 84.30 Resistance As Fed Eyes 25 Bps Rate Cut, Indian Rupee Hits Multi-Month Low Amid 98% Rate Cut Odds
FinanceNews

USD/INR Surges Past 84.30 Resistance As Fed Eyes 25 Bps Rate Cut, Indian Rupee Hits Multi-Month Low Amid 98% Rate Cut Odds

Monicah WNovember 7, 2024November 7, 2024

The USD/INR pair gained momentum in Thursday’s early European session as the Indian Rupee (INR) weakened, influenced by a strong…

GBP/USD Rebounds From 1.2835 Multi-Month Low, Eyes 1.2900 As BoE Rate Decision And Fed Meeting Awaited
FinanceNews

GBP/USD Rebounds From 1.2835 Multi-Month Low, Eyes 1.2900 As BoE Rate Decision And Fed Meeting Awaited

Sean WilliamsNovember 7, 2024November 7, 2024

The GBP/USD pair has seen a moderate recovery, moving away from its lowest levels since mid-August as it climbs back…

Australian Dollar Rises 0.5% Amid China’s $95.27 Billion Trade Surplus Boost, But U.S. Fed Decision Could Shift AUD/USD
FinanceNews

Australian Dollar Rises 0.5% Amid China’s $95.27 Billion Trade Surplus Boost, But U.S. Fed Decision Could Shift AUD/USD

Monicah WNovember 7, 2024November 7, 2024

The Australian Dollar (AUD) saw a notable uptick after China released impressive trade balance data for October, defying market expectations.…

Crude Oil Drops Nearly 3% As Trump Secures Presidency, US Dollar Rallies 2% Amid Election Outcome
FinanceNews

Crude Oil Drops Nearly 3% As Trump Secures Presidency, US Dollar Rallies 2% Amid Election Outcome

Monicah WNovember 6, 2024November 6, 2024

Crude oil prices slumped nearly 3% on Wednesday, with market sentiment heavily influenced by the outcome of the US presidential…

Mexican Peso Plunges Nearly 3% Against USD As Trump Secures 267 Electoral Votes, USD/MXN Breaks 20.80 Resistance
FinanceNews

Mexican Peso Plunges Nearly 3% Against USD As Trump Secures 267 Electoral Votes, USD/MXN Breaks 20.80 Resistance

Sean WilliamsNovember 6, 2024November 6, 2024

The Mexican Peso (MXN) has seen a significant drop in its value against major currencies, particularly the US Dollar (USD),…

US Dollar Index (DXY) Hits 104.92 Amid Trump Surge In Key Swing States- 93 Electoral Votes At Stake, Market Volatility Expected
FinanceNews

US Dollar Index (DXY) Hits 104.92 Amid Trump Surge In Key Swing States- 93 Electoral Votes At Stake, Market Volatility Expected

Monicah WNovember 6, 2024November 6, 2024

The US Dollar (USD) is currently trading higher, with the US Dollar Index (DXY) at 104.92, as election results begin…

Poland’s Central Bank Expected To Maintain Status Quo Amid Moderating Inflation
FinanceNews

Poland’s Central Bank Expected To Maintain Status Quo Amid Moderating Inflation

Sean WilliamsNovember 6, 2024November 6, 2024

The National Bank of Poland (NBP) is set to announce its monthly interest rate decision today. As widely anticipated, the…

Shiba Inu Price Surges 7% As Trump Takes Election Lead-SHIB Nears Key Resistance At $0.000020, Eyes 30% Rally
FinanceNews

Shiba Inu Price Surges 7% As Trump Takes Election Lead-SHIB Nears Key Resistance At $0.000020, Eyes 30% Rally

Monicah WNovember 6, 2024November 6, 2024

Shiba Inu (SHIB) is experiencing a significant price surge, rising more than 7% on Wednesday, fueled by optimism following Donald…

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