Morning Bid in today’s global markets, attention is focused on central bank actions and political developments that could sway investor sentiment. Here’s a look at what’s happening across key regions: Reserve Bank of Australia’s Decision The Reserve Bank of Australia (RBA) opted to keep interest rates unchanged on Tuesday, citing persistent domestic inflation pressures. This …
Yen Moves in has been on a downward trajectory in Asian trade on Monday, falling against a basket of major currencies. This marks the third consecutive session of declines against the dollar, with the Yen approaching six-week lows. The recent policy meeting of the Bank of Japan (BOJ) and rising US 10-year treasury yields are …
Yen Moves in a Negative Zone After BOJ’s Meeting Read More »
Dollar Trades is experiencing a surge in demand, pushing it near six-week highs against a basket of major currencies. This upward momentum marks the third consecutive session of gains, driven by the dollar’s appeal as a safe-haven asset amid increasing political risks in Europe and expectations of sustained high interest rates by the Federal Reserve. …
Dollar Trades Near Six-Week High on Active Demand Read More »
Wall Street Climbs as a positive start to the week, with major US stock indices rising on Monday ahead of key economic data releases and an upcoming holiday. Investors are particularly focused on the US retail sales datawhich are expected to provide crucial insights into the future direction of US economic policies. US Stock Market …
Aussie is Best affectionately known as the Aussie, has recently taken the spotlight in the global currency markets. After a notable meeting by the Reserve Bank of Australia (RBA), the Aussie surged, outperforming other major currencies. Let’s delve into the reasons behind this remarkable performance and what it means for investors and the global economy. …
