Tag: Market

news-22062024-202613

Australian Dollar Weakens as PMI Data Disappoints

The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing...
news-22062024-103649

Gold Price Drops $40 After Short-Lived Rally

Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the...
news-22062024-002026

Gold Price Drops Following Release of Strong US PMI Data

Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in...
news-20062024-151158

Understanding the Reasons Behind the Doubling of Oil Prices

Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse...
news-20062024-151138

Tech Fund Investors: Top 3 Stocks in NYSEARCA:IYW Holding 50% Weight

Investors in the tech sector have been riding the wave of momentum, particularly with the rise of AI and Nvidia. The iShares U.S. Technology...
news-20062024-133552

GBP/USD Price Drops After BoE Keeps Rates Steady

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
news-20062024-073356

China Resumes Buying Precious Metals: What It Means for the Market

China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in...
news-19062024-151000

Gold Price Increases as Traders Expect Fed Rate Cuts

Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data...
news-19062024-131326

CHF Safe Haven Status Driving Bid Up – Action Forex

During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it...
news-19062024-110926

Mexican Peso Faces Pressure Ahead of Retail Sales Data Release

The Mexican Peso experienced a slight decline against the US Dollar after making gains over the past five trading days. Currently, the USD/MXN pair...

Breaking Financial News

stabilizing-the-bond-market-ray-dalio-emphasizes-the-mportance-of-cutting-budget-deficit

Stabilizing the Bond Market: Ray Dalio Emphasizes the Importance of Cutting...

Ray Dalio, the Founder & CIO Mentor of Bridgewater Associates, made a compelling case for stabilizing the bond market by emphasizing the importance of...

Forex News