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]
Breaking: Bank of England lowers policy rate by 25 bps to 4% as expected
The Bank of England (BoE) announced on Thursday that it lowered the policy rate by 25 basis points (bps) to 4% after the August meeting, as widely anticipated.According to the policy statement, policymakers voted 5-4 in favor of the rate cut after … [Continue reading]
France Trade Balance EUR came in at €-7.632B below forecasts (€-7.5B) in June
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]
Australian Dollar inches higher after stronger Trade Balance data
The Australian Dollar advances after the release of domestic trade balance data on Thursday.Australia’s Trade Surplus widened to 5,365 million MoM in June, against the expected 3,250 million.Trump warned that he may impose additional tariffs on China … [Continue reading]
Fed’s Daly says Fed still has work to do on inflation
Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted late on Wednesday that despite overall progress, the Fed still has some ground to cover on its fight with inflation pressures, and cautioned that the Fed may be forced to act soon … [Continue reading]
Gold Price Forecast: XAU/USD holds below $3,400, awaits a catalyst
XAU/USD Current price: $3,374.30Federal Reserve officials hint at upcoming interest rate cuts starting September.US President Donald Trump hits India with an additional 25% tariff. XAU/USD loses its near-term momentum, trades within familiar levels. … [Continue reading]
Hassett: Trump’s top priority is to make economic data reliable
The White House’s economic adviser Kevin Hassett mentioned that Apple was expected to share an investment update on Wednesday as part of a broader conversation about the financial commitments companies and nations have made under President Trump’s … [Continue reading]
Toncoin Price Forecast: TON risks further losses below the 50-day EMA as bearish momentum increases
Toncoin’s double-digit drop in the past two days puts the 50-day EMA support at risk.The TON Open Interest falls 10% in 24 hours, signaling increasing doubts among traders.The technical outlook indicates significant downside risk as the MACD … [Continue reading]
Australian Dollar advances as US Dollar weakens due to dovish Fed policy outlook
The Australian Dollar gains ground as risk appetite improves due to rising odds of a Fed rate cut in September.Australia’s Ai Group Manufacturing PMI rose by 4.9 points, while the Industry Index climbed 5.8 points in July.Trump may announce a nominee … [Continue reading]
EUR/USD holds steady near 1.1570 as markets digest Fed outlook
EUR/USD trades flat at 1.1573, despite weak EU services PMI prints and soft US ISM data.Trump confirms Scott Bessent declined to be considered for Fed Governor role after Kugler’s resignation.Eurozone PMIs mixed; Germany and Spain services improve, … [Continue reading]