Gold price hits $2,432 before stabilizing below $2,400 due to US Treasury yields pressure. FedWatch Tool predicts 100% chance of rate cut in September, boosting gold prices. India reduces import
On Wednesday, the Australian Dollar (AUD) faced further losses against the USD, with AUD/USD slipping below 0.6600. Worsening concerns over China's economic health, falling commodity prices, and weak Australian Judo
The Mexican Peso has depreciated over 1% against the US Dollar, with the USD/MXN pair trading at 18.32 after bouncing off daily lows of 18.13. This drop comes after the
The Dow Jones Industrial Average (DJIA) took a nosedive, dropping over 400 points in response to the latest US Purchasing Managers Index (PMI) figures. The market reaction was swift and
As the world's best investment manager, I am here to provide you with the latest updates on the financial markets. On Wednesday, the US Dollar, measured by the DXY index,
The Canadian Dollar (CAD) faced challenges as it briefly hit a 14-week low against the Greenback following the Bank of Canada's (BoC) decision to cut rates by 25 basis points.
The Mexican Peso (MXN) is experiencing a decline in value against the US Dollar (USD) due to below-expectations growth and activity in Mexico. This has led to speculation that the
EUR/USD weakens to near 1.0830 in Wednesday’s European session as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that Composite numbers unexpectedly eased
Gold (XAU/USD) is on the rise, reaching the $2,410s as concerns over stagflation grip the market. Stagflation, a combination of stagnant growth and high inflation, is a key factor driving
The highly anticipated interest rate cut in Canada is expected to be announced on Wednesday, with the rate set to decrease by 25 basis points to 4.50%. Investors are eagerly