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Forex trading USD/CAD on trade talks, AUD inflation in focus – NVIDIA earnings next [Video]
In our last video, we looked at how a desperate move by the US Treasury to buy more long-dated US bo...
India’s Crude Import Bill Surges as Hormuz Shipping Rates Soar
India’s crude oil import bill has soared since the Iran war choked Middle Eastern oil supply, raised...
Tech Stocks Deliver Boost to Global Markets as Rate-Hike Worries Fade
Technology stocks were rising in international markets after U.S. jobs data reduced expectations of a hike to interest rates.
Euro: Rallies seen tiring below 1.16 against US Dollar – ING
ING’s Francesco Pesole highlights that EUR/USD price action after the US jobs report underlines the lack of a strong bullish narrative for the Euro, as markets doubt further ECB hikes. Softer inflatio ...
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $62.60 per troy ounce, up 2.72% from the $60.94 it cost on Thursday.
U.S. holiday pause, softer Fed expectations and Asia rebound shape global markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
U. S. financial markets will remain closed on Friday for the Independence Day holiday, but futures pointed to a stronger Wall Street open when trading resumes.
BoE DMP: Businesses’ year-ahead expected own-price inflation rises to 4.1% in June
A report from the Bank of England (BoE) decision maker panel (DMP) has shown that businesses’ year-ahead expected own-price inflation was 4.1% in the three months to June, 0.1% point higher than firms ...
Australian Dollar: Consolidation within broader band against US Dollar – UOB
UOB’s Quek Ser Leang notes that AUD/USD’s abrupt jump to 0.6943 was not sustained, leaving the pair likely to consolidate between 0.6895 and 0.6945 in the near term.
Asian stocks rally after Dow sets fresh record, though chip weakness lingers
Asian markets pushed higher on Friday after the Dow Jones Industrial Average closed at another record high, with several AI and related chip stocks staging a rebound even as others extended their rece ...
British Pound holds firm near 1.3380 amid broad-based US Dollar weakness
The British Pound (GBP) appreciates against the US Dollar (USD) on Friday, on track for a 1.3% appreciation this week, its strongest weekly performance in three months.
Euro rises to near 1.1455 against US Dollar as weak US NFP batters US Dollar
The Euro (EUR) is up 0.16% to near 1.1455 against the US Dollar (USD) during the European trading session on Friday. The EUR/USD pair gains as the US Dollar underperforms its peers due to a slight eas ...
Bull of the Day: Bloom Energy (BE)
America is about immigrants, innovation, and overcoming incredible odds. Bloom's success story has it all!
Euro advances against Canadian Dollar ahead of HCOB PMI data
EUR/CAD gains ground for the second successive day, trading around 1.6230 during the European hours on Friday. The currency cross appreciates as the Euro (EUR) rises ahead of the release of HCOB Purch ...
Japan’s Kihara: Closely monitoring market movements with high sense of urgency
Japan's Chief Cabinet Secretary Minoru Kihara reiterates, during the European session on Friday, that the administration is closely monitoring FX moves and is ready to intervene when needed. Kihara al ...