Trending
- WTI Oil – Sharp Pullback Followed by Swift Rebound Signals Healthy Correction Before Renewed Upside Move
- German Consumer Sentiment Seen Deteriorating Further in March – GfK
- AUDUSD Supported by Stronger-Than-Expected Inflation, Though Dovish RBA Governor Caps Upside Momentum
- Japanese Yen Slides Nearly 1% Amid Renewed Monetary Policy Uncertainty
- WTI Oil – Bulls Maintain Control Amid Escalating Supply Disruption Fears
- BTCUSD drops to a three-week low amid uncertainty surrounding U.S. tariff developments.
- Gold breaks above the upper boundary of its recent trading range, triggering a renewed bullish signal.
- U.S. economic growth decelerated sharply in the fourth quarter, falling significantly short of forecasts, while inflationary pressures continued to run high
- UK unemployment rises to highest level in years while pay growth slows, boosting rate-cut bets.
- USDJPY – downside momentum stalls after almost 3% loss this week
The Bank of England cut interest rates as anticipated but may consider slowing the pace of further…
The Bank of England cut interest rates by 25 basis points, lowering them from 5% to 4.75% after an 8-1 vote by the Monetary Policy Committee. This marks the BoE's second rate cut since 2020, and the central bank is expected to proceed…
Read More...
Read More...
The dollar retreats from a new multi-month high, likely reflecting positioning ahead of the…
The dollar index pulls back from a new four-month high of 105.33 reached on Wednesday’s sharp rally—the largest daily gain in two years—following news of Trump’s election victory.
Partial profit-taking has pushed the dollar lower, but…
Read More...
Read More...
GBPUSD – Bears pause after the post-election decline, awaiting the Bank of England’s decision…
GBPUSD edges higher following Wednesday’s 1.1% drop after the US election, signaling an initial recovery as bears face repeated rejection of further downside.
The failure to break the Fibonacci support at 1.2846 (76.4% of 1.2664/1.3434)…
Read More...
Read More...
The Fed is expected to lower interest rates by 25 basis points today, but Trump’s victory has…
The US Federal Reserve is expected to cut interest rates by 25 basis points to a range of 4.50%-4.75% at the conclusion of its two-day policy meeting today.
While markets still anticipate another rate cut in December, initial…
Read More...
Read More...
Bitcoin jumps 9% to a new all-time high as Trump’s victory fuels strong bullish sentiment
Bitcoin led gains in post-election trading on Wednesday, surging 9% in direct response to Trump’s victory. The strong rally pushed prices to a new record high of 75,411 before some profit-taking pulled the price back to 72,700, the lower…
Read More...
Read More...
US stock indices, the dollar, and bitcoin rise as Trump announces election victory
Republican Donald Trump declared victory in the 2024 presidential election, with projections indicating that Republicans will also regain control of the Senate.
Trump expressed his gratitude to the American people for the "extraordinary…
Read More...
Read More...
The dollar dips slightly as traders await the initial results from the U.S. election
The dollar edged lower on Tuesday as traders cautiously reduced their exposure ahead of the initial results from the U.S. election.
A fresh dip tested Monday’s low of 103.45, though downside momentum remained limited, as bears struggled…
Read More...
Read More...
Hawkish RBA propels the Australian dollar toward a critical resistance level
The AUDUSD climbed to a one-week high on Tuesday morning after the RBA maintained interest rates at a 12-year high and adopted a hawkish stance regarding ongoing inflation risks, while remaining prepared to act if the economy weakens…
Read More...
Read More...
The Reserve Bank of Australia maintains interest rates at their highest level in 12 years
The Reserve Bank of Australia (RBA) has kept its cash rate steady at 4.35%, marking a 12-year high, as it continues to address persistent inflation pressures. This decision reflects the RBA’s cautious approach in balancing a strong labor…
Read More...
Read More...
Final messages to voters from Harris and Trump as America prepares to cast their ballots tomorrow
With just one day remaining before the pivotal U.S. Presidential election, market activity has slowed as investors await the outcome of voters’ decisions.
Candidates Donald Trump and Kamala Harris are making their final campaign stops…
Read More...
Read More...