Global gold prices reversed lower in Tuesday’s trading session after posting four consecutive days of gains. The precious metal failed ….
Category: News
Takehiko Nakao: BOJ Needs Yen Intervention Backed by Rate Hikes
TOKYO – A former Japanese Ministry of Finance official said that foreign exchange intervention by the Bank of Japan (BOJ) ….
Silver Plunges 30%, Gold Also Slides After Kevin Warsh Appointment
Gold and silver prices tumbled sharply on Friday after US President Donald Trump appointed Kevin Warsh as the next Chair ….
Dollar Holds Ground After Inflation-Driven Dip, Trade Optimism in Focus
The U.S. dollar steadied in early Wednesday trading after experiencing its sharpest single-day drop in over three weeks, as cooler-than-expected ….
Crude Oil Jumps Nearly 3% as Cooling U.S. Inflation in April Signals Potential Policy Flexibility
U.S. equities showed a mixed performance midway through Tuesday’s session, with the Dow Jones Industrial Average declining by approximately 200 ….
Yen Set for Weekly Decline Amid Optimism Over US-Asia Trade Talks
The Japanese yen is on course to post its first weekly loss in a month, weakening against major currencies on ….
Yen Rebounds After Sharp Slide; Markets Eye Tokyo CPI Surge
The Japanese yen regained ground on Thursday following a steep selloff a day earlier, with the USD/JPY pair down 0.67% ….
Oil Prices Climb as Markets Anticipate Progress in US-Iran Nuclear Talks
Crude oil prices resumed their upward trajectory on Thursday, nearing three-week highs, as investors closely monitor developments in US-Iran nuclear ….
US Dollar Slides Toward Three-Month Lows Amid Renewed Trade Uncertainty
The US dollar resumed its downward trajectory in European trading on Thursday, shedding early-week gains as persistent uncertainties over US-China ….
IMF Slashes Global Growth Outlook Amid Rising US Trade Tensions
The International Monetary Fund (IMF) has significantly downgraded its global economic growth forecasts, citing escalating trade disruptions fueled by U.S. ….
Trump’s Trade Remarks Spark Global Market Rebound; Dollar, Stocks Surge
Global markets rallied sharply on Tuesday after U.S. President Donald Trump signaled a potential softening in trade tensions with China ….
Yen Strengthens as BoJ Core CPI Misses Forecast, Pound Surges on Weaker Dollar
The Japanese yen extended its rally for a third consecutive session on Tuesday, buoyed by a weaker U.S. dollar and ….
Pound Sterling Climbs to Seven-Month Peak Amid Dollar Weakness and Easing Inflation
The British pound surged past the $1.33 mark on Monday, reaching its highest level in seven months, as broad U.S. ….
Gold Surges Past $3,500 to Hit Intraday Record Amid Escalating Global Uncertainty
Gold prices notched a new intraday high above $3,500 per troy ounce, extending a powerful rally that has captivated global ….
ASIC Shuts Down Nearly 100 Scam Investment Websites Following Federal Court Ruling
The Australian Securities and Investments Commission (ASIC) has obtained Federal Court approval to shut down 95 companies linked to almost ….
Crude Oil Prices Fall Amid Strong Dollar and Slowing Demand From China
Oil prices dipped for the second consecutive session on Tuesday, retreating from last week’s rally as a stronger U.S. dollar ….
Australian Housing Supply Recovery Stumbles Amid Falling Building Approvals
November Sees Decline in Australian Building Approvals Building approvals in Australia fell unexpectedly in November, raising concerns about the nation’s ….
Pepperstone Partners with Aston Martin Aramco F1 Team in Multi-Year Sponsorship Deal
Pepperstone, a leading forex and CFDs broker headquartered in Melbourne, has made a significant move in the sports sponsorship arena ….
Federal Reserve Signals Gradual Path for Future Interest Rate Cuts
Federal Reserve Governor Lisa Cook stated on Monday that the central bank is poised to adopt a more cautious approach ….
German Inflation Surges to 2.9% in December Amid Core Price Pressures
Germany’s inflation rate exceeded expectations in December, climbing to 2.9%, according to preliminary data released on Monday by the federal ….
Canadian Dollar Steady Amid Political Uncertainty as Trudeau Resignation Looms
Global Markets Brace for Economic Data and Political Shifts The Canadian dollar remained relatively calm on Monday despite reports suggesting ….