Financial News Editor

The Swiss National Bank's Chairman, Thomas Jordan, recently discussed the issue of inflation in the economy. He emphasized the importance of understanding the risks involved in foreign exchange trading. Trading in foreign exchange carries...

The recent minutes from the June European Central Bank (ECB) meeting have revealed a disagreement among members regarding the decision to cut rates, according to ING FX analyst Francesco Pesole. The Euro is expected...

French Election: Le Pen's Potential Victory - Expert AnalysisFrench voters are gearing up for the second round of parliamentary elections on Sunday, July 7, with all eyes on whether the far-right National Rally party...

The New Zealand Dollar (NZD) has the potential to retest the 0.6130 level, according to analysts at UOB Group. However, the major resistance at 0.6150 may not be reached. Despite this, there is a...

The USD/JPY pair recently reached a new multi-year high at 161.95 before experiencing a correction. It dropped below a key bullish trend line with support at 161.50 on the 4-hour chart. Meanwhile, the EUR/USD...

Bitcoin faced a significant drop in price, falling below $56,000 after reports of issues with Mt. Gox and German police involvement. This news has left investors concerned about the future of the cryptocurrency market.It...

Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The US Dollar is weakening for the fourth consecutive day, as...

Italian prosecutors recently conducted an investigation into the supply chains of two major Italian fashion houses, Dior and Armani. The investigation uncovered that some designer handbags were being manufactured by exploited foreign labor. This...

Dr. Alaa Al Nofal, a pediatric endocrinologist in Sioux Falls, South Dakota, plays a crucial role in providing specialized care to children in a vast rural area spanning South and North Dakota. His dedication...

In JPMorgan’s (JPM), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call with the remark that, ultimately, “all systems break down”. David...

Samsung Electronics announced an impressive increase in its second-quarter operating profit, with estimates showing a more than 15-fold rise compared to the same period last year. The company reported an operating profit of 10.4...

Saks Fifth Avenue parent company, HBC, has announced its acquisition of Neiman Marcus Group in a $2.65 billion deal. This merger will bring together two well-known retailers to form Saks Global, which will include...

USDCAD has been moving back and forth in a sideways range for some time now. Recently, there has been a shift towards negative momentum in the market. The price is currently approaching the lower...

According to a joint exit poll from BBC, ITV, and Sky News, the Labour Party is predicted to win a massive victory in the UK general election. The poll suggests that Labour could secure...

Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...

The Australian Dollar (AUD) and the New Zealand Dollar (NZD) are both showing signs of potential growth against the US Dollar (USD) in the forex market. Let's take a closer look at the technical...

Bitcoin's price has taken a hit, dropping by 4.5% recently. Many believe that this sudden drop is due to the distribution of 141,000 bitcoins from the Mt. Gox bankruptcy. It's hard to believe that...

The US markets were closed for a holiday, and the impact of the US Dollar Index (DXY) on Oversea-Chinese Banking Corporation Limited (OCBC) was significant. The USD fell for the second day in a...

USD/CAD has experienced a recent decline after facing resistance at the 1.3750 level. The pair broke below a significant bullish trend line with support at 1.3670 on the 4-hour chart. This movement indicates a...

Japan's Topix index reached a historic milestone on Thursday, soaring to a new all-time high of 2,890.52. This surpasses the previous record of 2,885.50 set in December 1989, showcasing the remarkable growth of the...

The Pound Sterling has been on the rise lately, gaining strength against the US Dollar. This increase in value can be attributed to the weaker economic data coming out of the United States. As...

During the aftermath of World War II, the use of nuclear weapons marked a turning point in global warfare. The bombing of Hiroshima and Nagasaki by the United States brought about the surrender of...

Verizon has reintroduced its unlimited data plan for customers at a cost of $80. The plan includes unlimited data, talk, and text, as well as up to 10 GB of mobile hotspot usage, and...

Qualcomm, a semiconductor company, has been making waves in the news recently due to updates on Huawei and Samsung. Despite facing some challenges, Qualcomm remains a promising long-term investment option at its current valuation....

Brazil's President Luiz Inacio Lula da Silva has taken decisive action to address the country's fiscal challenges. In a meeting with his economic team, Lula approved spending cuts in order to comply with Brazil's...

Federal Reserve officials discussed the progress of inflation during their June meeting and concluded that while it is moving in the right direction, more evidence is needed before they consider lowering interest rates. The...

The latest data on job creation in the US private sector has shown weaker growth than expected, putting pressure on the US dollar. According to fresh ADP estimates, only 150,000 jobs were created in...

The UK election took place on Thursday, July 4, 2024, and the Labour Party emerged victorious in a landslide victory. According to a report by Goldman Sachs, the economic outlook under a Labour government...

The US Dollar faced significant selling pressure after disappointing ADP figures from June, causing markets to increase their bets on a Fed rate cut in September. The FOMC meeting minutes from June also indicated...

European markets experienced a risk-on movement today, following a record close of the US S&P 500 above the 5500 mark. This positive sentiment also influenced European investors, with the Eurostoxx 50 gaining 1.3%. In...

President Biden is reportedly thinking about whether he should continue in the race for the presidency. According to the New York Times, he has expressed concerns about his candidacy's future after a poor debate...

Natural Gas has been facing a losing streak for the seventh consecutive day, with prices continuing to drop. The reason behind this decline is the fact that European gas storages are filling up rapidly,...

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63 with certain target prices and stop-loss levels is recommended. On...

Deutsche Bank recently highlighted the top risks for the second half of 2024, cautioning investors to stay alert as surprises could be looming just around the corner. The bank's analysts pointed out several key...

Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting a slightly dovish stance, emphasized the need for further progress...