The 2024 US election delivered a decisive victory for Donald Trump, with Republicans positioned to gain control of both houses of Congress. US equities gained, led by banks, energy stocks and small ...
The EUR/JPY cross struggles to capitalize on the previous day's goodish bounce from levels just below the 165.00 psychological mark and attracts fresh sellers on Thursday. Spot prices remain depressed ...
Super Thursday is here – apart from an expected 25bps cut, the Bank of England publishes fresh forecasts. These follow the ambitious UK budget and the consequential US elections. Will Governor Andrew ...
Bitcoin price reached a new all-time high of $75,120 on November 6 as markets reacted to Donald Trump’s victory in the 2024 US presidential election. The global cryptocurrency sector valuation grew by ...
Market consensus points to further easing by the Bank of England's (BoE) upcoming interest rate decision on Thursday. The BoE has held rates steady at 5.00% in the previous gathering, but shifting ...
USD/CAD retreats from YTD peak tested on Wednesday amid some USD profit-taking. Softer Crude Oil prices and bets for aggressive BoC rate cuts to cap gains for the CAD.
EUR/USD edges higher toward 1.0800 in the European session on Thursday. The Fed is expected to lower the policy rate by 25 basis points. Investors will pay close attention to Chairman Powell's ...
The Pound Sterling rebounds sharply after posting a fresh 11-week low near 1.2830 against the US Dollar. The GBP/USD pair recovered after discovering buying interest near the 200-day Exponential ...
The Reserve Bank of Australia (RBA) decided to hold the Official Cash Rate (OCR) steady at 4.35% on Tuesday, marking its eighth consecutive pause. RBA Governor Michele Bullock reiterated a hawkish ...
EUR/GBP remains under selling pressure around 0.8315 in Thursday’s early European session. The UK central bank is likely to ...
In focus today. Today, focus will remain on investors digesting the US election result. In addition, German political uncertainty has resurfaced (see below) and we are in for seve ...
The story into Thursday is a story of profit taking and position adjusting. Indeed, we are coming out of a wild session of trade which saw the US Dollar rocket higher on the back of the news of the ...