Forex News

Recently, silver has experienced a notable retreat, decreasing by over 1% from its weekly peak of $32.64. This decline can largely be attributed to the rising yields on U.S. Treasury bonds, which have exerted downward pressure on precious metals. Currently valued at approximately $31.82, silver is grappling with various economic factors that complicate its price
0 Comments
Gold has long been perceived as a safe haven, a financial refuge in volatile times, and recent events in the global economy have reasserted this belief. The latest developments in U.S.-China relations and mixed employment data have further underlined the precious metal’s appeal, as traders strategically navigate through tumultuous waters. Market dynamics often pivot around
0 Comments
The NZD/USD pair has experienced a noticeable decline, settling around 0.5670 in the early hours of the European session on Friday. This weakening of the New Zealand Dollar against the US Dollar has been attributed to various economic factors, notably the resurgence of trade tensions between the United States and China. As international investors react
0 Comments
The currency markets are witnessing a notable shift as the EUR/USD pair plummets towards the 1.0360 mark, prompted by a revival of the US Dollar (USD). This trend is particularly significant as investors brace for the upcoming Nonfarm Payrolls (NFP) data, slated for release on Friday. A cocktail of domestic economic indicators, alongside global trade
0 Comments
The phenomenon of short selling has long been a strategy employed by hedge fund managers seeking to capitalize on perceived weaknesses in stock valuations. In December 2023, a report from Hazeltree, a data and analytics firm, highlighted some intriguing trends in this arena, particularly distinguishing Apple as the most shorted stock among large-cap equities in
0 Comments
In the early Asian trading session on Tuesday, the New Zealand Dollar (NZD) against the US Dollar (USD) showcased a notable uptick, approaching the 0.5630 mark — representing a 0.62% increase within the day. This movement can be attributed primarily to recent geopolitical events, especially those pertaining to tariff policies influenced by former President Donald
0 Comments
In the world of forex trading, the USD/JPY currency pair has recently experienced notable fluctuations, particularly as it retreated from its peak of 155.86 to a current level of 154.51. This decline is attributed to the market’s reaction to U.S. President Donald Trump’s recent trade policies, particularly his decision to enact tariffs on key trading
0 Comments
In the ever-evolving landscape of stock market indices, the Nasdaq100 (NQ) displayed a noteworthy shift on Friday, edging lower after a significant intraday peak was recorded during the US afternoon trading session. This pullback raised questions regarding the longevity of recent upward trends and the index’s overall momentum as we navigate into February. The volatility
0 Comments
The US dollar (USD) is currently holding steady above the critical threshold of 108.00, setting the stage for significant developments in global trade as traders anticipate potential tariff announcements over the weekend. With the intricate web of international trade policies and the resurgence of protectionist measures, the dollar’s stability serves as a focal point in
0 Comments
The volatility of the Mexican Peso (MXN) has recently come under the spotlight due to escalated trade tensions incited by U.S. tariffs. President Donald Trump’s threats to impose significant tariffs, particularly targeting Mexico and Canada, have sent shockwaves through financial markets, triggering a marked decline in the Peso’s value. As the dollar strengthens against the
0 Comments
In a widely anticipated move, the Federal Reserve has opted to keep its interest rates steady at 4.25%-4.50%. This decision was buoyed by a simultaneous shift in the tone of the accompanying statements, indicating a more cautious approach to future economic conditions. The absence of previous affirmations regarding progress in tackling inflation suggests that the
0 Comments