The Australian Dollar declines despite easing trade tensions between the United States and China.US Commerce Secretary Lutnick said that both countries agreed on a framework to implement the Geneva Consensus.China’s Minister Li Chenggang noted that … [Continue reading]
Dow Jones Industrial Average finds thin gains as investors hope for trade talk success
The Dow Jones remains stuck near 43,000, but investor optimism remains buoyant.US-China trade talks are close to wrapping up in London.US CPI inflation data and consumer sentiment figures loom large later this week.The Dow Jones Industrial Average … [Continue reading]
Dow Jones Industrial Average melt-up continues as markets await trade talk results
The Dow Jones remains stuck near 43,000, but investor optimism remains buoyant.US-China trade talks are close to wrapping up in London.US CPI inflation data and consumer sentiment figures loom large later this week.The Dow Jones Industrial Average … [Continue reading]
Reuters poll: Fed likely to resume cutting rates in September
59 of 105 economists polled by Reuters said that they expect the Federal Reserve (Fed) to resume cutting interest rates in the next quarter, likely in September.More than 60% of polled economists also said that they see the Fed lowering the policy … [Continue reading]
EUR: Bull trade needs feeding – ING
Traded EUR/USD volatility levels are a little softer as spot continues to sit well within range confines, ING's FX analyst Chris Turner notes.EUR/USD is staying in the 1.1370-1.1430 range today"It costs investors around 2.5% per annum to sit with a … [Continue reading]
Indonesia Foreign Reserves remains unchanged at $152.5 in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
USD/CAD holds steady near 1.3700, US-China trade talks in focus
USD/CAD trades flat around 1.3700 in Tuesday’s early Asian session. US and China will continue trade talks into a second day. Easing trade tensions and upbeat US May employment data could support the US Dollar. The USD/CAD pair trades on a … [Continue reading]
Mexican Peso extends gains as US-China trade talks boost sentiment
The Mexican Peso extends its advance against the US Dollar, marking a fourth consecutive day of gains.US-China trade talks commence in London, lifting demand for emerging market currencies.USD/MXN suffers its fourth day of losses as prices move … [Continue reading]
Gold prices rise, stabilising above $3,300 ahead of US-China trade talks
Gold prices find temporary support above $3,300 with triangle and Moving Average support at Gold and safe-havens wait for further confirmation ahead of US-Chinal trade talks in LondonGold prices rise above $3,300 with resistance at $3,350.Gold prices … [Continue reading]
Bitcoin Price Forecast: BTC risks fallout from $105,000 as markets focus on fresh US-China trade talks
Bitcoin hovers below $106,000 as markets turn cautious ahead of a second round of trade talks between China and the US.Top companies, such as Strategy, Metaplanet, and The Blockchain Group, have recently announced plans to add BTC to their … [Continue reading]