Tag: Economy
Fed’s Barkin Optimistic on Inflation, Emphasizes Sustainment and Broadening – Analysis and Outlook
Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current...
Mexican Peso Weakens Amid Support for Judicial Reform: What Investors Need to Know
The Mexican Peso faced a slight decline against the US Dollar on Monday, dropping by 0.29% as investors turned risk-averse due to weak economic...
Federal Reserve Caution: Interest Rates Will Remain Steady Amid Cooling Inflation Data
The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking...
Euro Stable as Market Anxiety Eases – Action Forex
The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
Stock Market Update: Nasdaq Leads Gains in Latest Trading Session
The stock market in the US is seeing an overall increase today, with the NASDAQ index leading the way towards gains. If the NASDAQ...
Is Trump the reason for record-breaking stock market highs?
The stock market hit record highs on Monday, with the Dow, S&P 500, Nasdaq, and Russell 2000 all reaching new peaks. Investors are excited...
Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut
The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
Gold price surges as US inflation falters against Fed’s hawkish stance
Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...
Gold Price Drops Following Release of U.S. Producer Prices Data
Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would...
Saudi Deputy Minister Emphasizes Kingdom’s Manufacturing Sector Growth
The Middle East region is experiencing a surge in startup activity, with entrepreneurs securing funding across various sectors. Investment pools have been established, with...
BREAKING NEWS
XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area
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...
