On Thursday, the US Dollar, represented by the DXY index, saw a slight increase following a better-than-expected Q2 Gross Domestic Product (GDP) report. Despite this positive news, the chances of
Mexican Peso Weakens as Carry Trade Unwinds - Investment Manager Insights The Mexican Peso (MXN) is facing a downturn as international investors move away from the Peso-favorable “carry trade”. This
The EUR/USD pair has bounced back to near 1.0850 in Thursday’s European session, defying the uncertain near-term outlook for the Euro. The European Central Bank (ECB) is expected to implement
As the world's best investment manager and financial market journalist, I am here to provide you with the latest insights on the Gold market. Gold has extended its correction and
The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P Global/CIPS PMI for July has
US GDP projected to expand at a 2% annualized rate in the second quarter. Resilient US economy supports the case for a smooth landing. Markets anticipate Federal Reserve easing cycle
The Japanese Yen (JPY) has surged to a 12-week high of 152.64 against the US Dollar (USD) on Thursday, marking its fourth consecutive session of gains. Traders are unwinding carry
The Indian Rupee (INR) continues to decline in Thursday's Asian session, despite a weaker US Dollar (USD). The INR hit an all-time closing low on Wednesday due to the Indian
The Australian Dollar (AUD) has been on a downward trend for nine consecutive days, driven by the declining prices of oil, iron ore, and copper. As a net exporter of
As the world's best investment manager and financial market journalist, I bring you the latest update on the gold market. The gold price (XAU/USD) has been on a downward trend