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Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
EURGBP Sees Significant Gains – Forecast for March 12, 2025
The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315. This upward movement has resulted in significant...
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EURNZD Surges with Strong Gains – Forecast for March 10, 2025
The EURNZD pair experienced a significant bullish rally last Friday, breaking above the 1.8880 resistance level of...
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EURJPY Hits Target Levels – Forecast for March 5, 2025
The EURJPY currency pair achieved its target levels on Tuesday, surpassing the key resistance point of 157.30...
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CADCHF Settles Below Resistance: Bearish Outlook for Today (March 3, 2025)
The CADCHF currency pair remains below the resistance level of the bearish channel at 0.6360, signaling the...
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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,...