Tag: Financial markets

Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich Suzuki's previous remarks. Hayashi refrained from commenting on specific forex...

The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite concerns about potential intervention from Japanese authorities to support the...

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming release of the Personal Consumption Expenditures (PCE) Price Index report...

Trademax Australia Limited, operating under the TMGM brand, a well-known provider of contracts for difference (CFDs) and margin forex trading services, has recently made an important announcement. The Australian Securities and Investments Commission (ASIC)...

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching the major resistance levels at 7.3000 and 7.3100.In the short-term...

The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged in June, the BoJ indicated a willingness to potentially raise...

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other major currencies. Market activity was relatively quiet, with investors lacking...

The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts are focusing on identifying stocks with solid fundamentals and long-term...

Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The current trading price for silver stands at $29.53, marking a...

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias is towards further downside movement. If the key support-turned-resistance level...

Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility of fewer interest rate cuts by the Federal Reserve. The...

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate cuts by the end of 2024. Despite the Fed's dot...

The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound Sterling (GBP). According to Scotiabank’s Chief FX Strategist Shaun Osborne,...

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of the US Dollar. The Eurozone's Composite PMI unexpectedly declined to...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to be aware of the risks involved, especially when using leverage, as it can lead to...

The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in Building Permits and Housing Starts, the USD showed resilience. Federal...

The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as in the May meeting, with 7 members voting for no...

The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in disinflationary pressures in the UK and speculation about two interest...

The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He emphasized that the exchange rate plays a crucial role in...

New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence in the economy, pointing to signs of supply and demand...

Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an interview with CNBC on April 3, 2024. Point72, led by...

Richmond Federal Reserve President Thomas Barkin recently shared his positive outlook on inflation during a discussion with MNI Webcast. According to Barkin, the current inflationary pressures are starting to ease, suggesting that we may...

The U.S. Treasury is set to auction $13 billion of 20-year bonds at 1 PM ET today. This auction will be closely monitored as the results will provide insight into the demand for long-term...

The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections. President-elect Claudia Sheinbaum is working to reassure the markets with...

The Reserve Bank of Australia (RBA) has decided to keep the cash rate unchanged at 4.35%. This decision comes as inflation has decreased significantly since its peak in 2022. Additionally, there has been a...

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 data from China and political uncertainties in Europe. This volatility...

The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking for more positive inflation data before considering any rate cuts....

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 and optimistic about the future of both large multinational companies...

The New Zealand dollar is facing pressure from the strong US dollar, following the Federal Reserve's updated forecasts last week. Stock market expectations suggest only one interest rate cut this year, possibly in December....

Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric Vehicles will impact oil demand in the medium to long...

The Bank of Japan (BOJ) is expected to reduce its monthly bond buying by ¥2 trillion. This decision could have significant implications for the financial markets and investors.It is important to note that foreign...

In December 2023, during a time when the market was anticipating several rate cuts, Apollo Asset Management Co-President Scott Kleinman shared a different perspective. He mentioned that he was against any rate cuts in...

European Central Bank Governing Council member, Kazaks, who is also the governor of Latvia's central bank, has issued a strong warning about the need to keep inflation below 2% by 2026. According to ECB...

Several key topics in the world of finance have been gaining increased attention recently. One such topic is the discrepancies and unusual aspects of the jobs report. The high percentage of jobs created by...

China's financial regulator has recently announced tighter restrictions on short-selling practices in the country. This move is aimed at reducing the potential risks associated with foreign exchange trading, particularly for investors who may not...