US Stocks Soar to New Highs, the Dollar Recovers From CPI and Fed Decision
Investors evaluated robust inflation data in light of reduced expectations for interest rate cuts, which helped the S&P 500 and…
The Mexican Peso Falls as President AMLO Presses for Contentious Changes
The Mexican Peso plummeted to a fresh low against the US Dollar on Friday following remarks from Mexican President Andres…
A Flattening of the Canadian Dollar on Thursday as Markets Anticipate the Release of the US NFP
The Canadian Dollar (CAD) remained stable on Thursday as markets brace themselves for the upcoming labor data from both the…
The Dow Jones Industrial Average Recovers Following a Week That Was Marked by Significant Losses
On Friday, the Dow Jones Industrial Average (DJIA) increased by almost 580 points due to an improvement in investor sentiment…
Japan’s Interest in Structural Changes Is Rekindled as a Result of the Consistently Falling Yen
Japanese policymakers are now focusing on the underlying economic factors that contribute to the continuous decline of the yen, recognizing…
Gold Goes up Today, but It’s Still Down Over 3% for the Week
The price of Gold remained steady on Friday following two consecutive days of declines, rising by approximately 0.23%. However, it…
USD/EUR Gives up Gains Following Solid Preliminary US/Eurozone PMI Data
EUR/USD gives up most of its intraday gains during Thursday’s American session. The primary currency pair experienced a decline from…
AUD/USD Goes Down Because US Yields Are High and the Fed Is Being Tough
Due to the strengthening of US yields, which provided support for the Greenback throughout the day, the Australian Dollar (AUD)…