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
The Pound Sterling (GBP) is facing downward pressure against major currencies, except those in the Asia-Pacific region, as speculation grows about a potential interest rate cut by the Bank of
In the early Asian session on Wednesday, the Indian Rupee (INR) is holding steady, despite the announcement by Finance Minister Nirmala Sitharaman to raise capital gains tax, putting pressure on
The Japanese Yen (JPY) is on a winning streak, gaining ground for the third day in a row. This rise in value can be attributed to a cautious approach by
The Australian Dollar (AUD) is facing significant downward pressure for the eighth consecutive day, driven by a combination of factors including the release of mixed data from Australia's Judo Bank
As the world's leading investment manager and financial market journalist, I am here to provide you with the latest updates on the Gold price movement. Despite a modest recovery on
In a recent trading session, the Australian Dollar (AUD) faced significant losses against the USD, with AUD/USD dropping to 0.6615. This decline is primarily attributed to the sluggish Chinese economic
Gold Price Climbs Above $2,400, Ending Four-Day Losing Streak Amid Falling US Treasury Yields As the world's best investment manager and financial market's journalist, I bring you the latest update