USD/JPY Outlook: Dollar Gains Amid Fed’s Hawkish Comments

Neel Kashkari stated that the Fed probably needs to do more work to manage inflation. Read More →

IMF raises China’s 2023 and 2024 growth forecasts

Share: In its latest report published on Tuesday, the International Monetary Fund (IMF) upgraded its Read More →

Berkshire hathaway got a big boost from this business in Q3

Share: Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), the conglomerate run by Warren Buffett, was trading lower on Read More →

Australian Dollar extends losses below the major level despite the RBA’s rate hike

Share: Australian Dollar extends losses amid a 25 bps interest rate hike by the RBA. Read More →

PBOC sets USD/ CNY central rate at 7.1776 (vs. estimate at 7.2854)

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading Read More →

PBOC Deputy Governor says not too worried about the Chinese economy

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

EUR/USD Price Aiming for 1.0765 After Downbeat US NFP

The bias is bullish as the Dollar Index is bearish. Taking out the resistance levels Read More →

USD/JPY Outlook: Yen Braces for Gains After Lackluster Jobs

The dollar index experienced a significant drop of over 1% last week. Treasury yields slumped Read More →

GBP/USD Forecast: Biggest Weekly Gain in Four Months

The BoE emphasized its commitment to keeping rates stable for the foreseeable future. Data revealed Read More →

USD/CAD looks to continue the losing streak, hovers near 1.3650

Share: USD/CAD loses ground on the likelihood of no interest rate hike by the US Fed Read More →

Gold price reverses softer US jobs data-inspired gains amid reviving US Dollar demand

Gold price drifts lower during the Asian session and retreats further from Friday’s post-NFP swing Read More →

PBOC sets USD/ CNY reference rate for today at 7.1780 (vs. estimate at 7.2868)

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading Read More →

Bank of Japan Governor Ueda says its important to look at real rates

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

Nio Stock Forecast: NIO ends session up 5.65% after initiating layoffs

Share: NIO gains more than 5% on falling Treasury yields, soft NFP, cost savings plan. Read More →

Canadian Dollar extends gains following risk-on market surge on US NFP data miss

Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, Read More →

EUR/USD closes its best-performing week since June amid weak USD

Share: EUR/USD gained more than 1% on Friday, rising near 1.0730. The USD, measured by Read More →

S&P 500 rallies as markets digest soft US jobs data, Fed rate hike pause

Share: S&P 500 ended the week up by 0.9%, with the Nasdaq and Dow Jones Read More →

Experiment shows Artificial Intelligence making illegal (insider) trades, covering it up

An AI bot made illegal trades, acting on insider information, and then lied about it Read More →

Chinese state-owned energy giant Sinopec sign a new 27-yr LNG deal with Qatar

China Petrochemical Corporation, better known as Sinopec Group, is the world’s largest oil refining, gas Read More →

GBP/USD Weekly Forecast: Dollar Falters Amid Dismal NFP Data

The pound surged following the Bank of England’s decision to maintain rates. Investors are becoming Read More →

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