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NZD/USD Price Forecast Update: January 14, 2025
The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
GBPJPY Maintains Bullish Momentum – Market Outlook for 30th December 2024
The GBPJPY pair has successfully closed above the 61.8% Fibonacci retracement level at 197.30, confirming the continuation of the bullish trend. This morning, the...
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EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024
The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This...
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Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution
Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await...
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CADCHF Remains Bearish – Market Outlook for December 27, 2024
The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations...
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Column: ECB rates pledge spurs punchy hedge fund euro bets: McGeever
ORLANDO, Fla., June 6 (Reuters) - The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge...
India’s May gold imports surge multifold as prices correct before key festival
MUMBAI, June 6 (Reuters) - India's gold imports in May jumped 677% from a year ago to the highest level in a year as...
Russia seen cutting key rate by 100 bps to 10% on Friday: Reuters poll
June 6 (Reuters) - The Russian central bank is expected to cut its key interest rate by 100 basis points to 10% on Friday...
Analysis: Sterling traders see Johnson emerging weaker from confidence vote
June 6 (Reuters) - The pound firmed on news of the confidence vote against British Prime Minister Boris Johnson, betting he will emerge weakened...
Asian wealth managers seen wary of digital assets despite soaring demand
SINGAPORE, June 6 (Reuters) - Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a...
Erdogan promises more rate cuts, plays down inflation in Turkey
ISTANBUL, June 6 (Reuters) - Turkey will continue cutting interest rates rather than hiking them in the face of high living costs, President Tayyip...
South African rand firms as global sentiment improves
June 6 (Reuters) - The South African rand strengthened on Monday, as investors globally welcomed signs of an easing of restrictions by China, ahead...
Bitcoin gains over 5% to $31,441.76
June 6 (Reuters) - Bitcoin rose 5.2% to $31,441.76 at 2000 GMT on Monday, adding $1,552.78 to its previous close. The world's biggest and best-known...
Sterling holds gains as UK’s Johnson wins confidence vote
LONDON/NEW YORK, June 6 (Reuters) - The British pound held gains late on Monday against the dollar and euro, after Prime Minister Boris Johnson...
Stocks gain on improved sentiment, crude at $120
NEW YORK, June 6 (Reuters) - Global equity markets rose on Monday on signs of an easing of COVID-19 pandemic-related and other restrictions by...
NY bill aims to limit crypto miners using fossil fuel-generated power
June 6 (Reuters) - The New York State Legislature has passed a bill that would impose a two-year moratorium on the use of fossil-fuel...
Dollar gains as risk appetite fades, inflation data eyed
NEW YORK, June 6 (Reuters) - The dollar gained against a basket of major currencies on Monday as risk appetite waned from earlier levels,...