RBA’s Decision to Pause Sparks Australian Dollar Whipsaw: Impact on AUD/USD Market Turmoil by Vinit Makol · August 2, 2023 · no comment The Australian Dollar witnessed a rollercoaster ride after the RBA's decision to pause its monetary tightening cycle, leaving the cash rate at 4.10%. The unexpected pause caught some by surprise, ... 0 shares
Dollar’s Strong Growth Impacts Gold and Silver, Endangers Precious Metals’ Uptrends by Vinit Makol · July 29, 2023 · no comment The global financial markets have been witnessing a remarkable surge in the US economy, which has propelled the dollar to new heights. This significant growth is impacting the prices of ... 0 shares
Crude Oil Rally in Focus as Retail Traders Turn Net-Short for First Time Since April by Vinit Makol · July 28, 2023 · no comment The "crude oil rally" has been nothing short of impressive, with prices surging over 17% since bottoming out in mid-June. This month's WTI prices have witnessed a significant 13% increase, ... 0 shares
US Second-Quarter GDP Growth Surpasses Expectations, Fuels Yields and Strengthens the Dollar by Vinit Makol · July 28, 2023 · no comment The US Second-Quarter GDP Growth defied expectations with an impressive annualized rate of 2.4%, surpassing the projected 1.8%. This remarkable expansion has reverberated through financial markets, leading to increased Treasury ... 0 shares
India Bond Yields Steady Ahead of Key U.S. Fed Policy Decision by Vinit Makol · July 26, 2023 · no comment As investors around the world eagerly await the U.S. Federal Reserve's policy decision, India's bond market holds its breath, anticipating potential impacts on the country's government bond yields. The benchmark ... 0 shares
Surging Success: The Australian Dollar’s Shift from Fixed Exchange Rates to a Floating Currency by Vinit Makol · July 26, 2023 · no comment The Australian Dollar's Shift embodies the vibrant economy of Australia and boasts the distinction of being the world's fifth most commonly traded currency. Its remarkable history is one of transformation, ... 0 shares
Sterling Depreciates on Weak Economic Data by Vinit Makol · July 24, 2023 · no comment In recent times, the British pound has experienced a notable downturn, as the sterling depreciates towards $1.28, moving further away from its 15-month high of $1.314 reached on July 14. ... 0 shares
Dreadful German PMI Sends EUR/USD Below 1.11 – ECB Rate Decision in Focus by Vinit Makol · July 24, 2023 · no comment The eurozone is facing mounting concerns as the recent release of dreadful German (PMI) Purchasing Managers' Index data has sent shockwaves through the financial markets. The EUR/USD pair dipped below ... 0 shares
Surging Momentum: USD/ZAR Rises as SARB Pauses After 10 Consecutive Hikes, Impact on Exchange Rate Analyzed by Vinit Makol · July 21, 2023 · no comment USD/ZAR rises as the South African Reserve Bank (SARB) decided to pause its aggressive hiking cycle following ten consecutive rate increases. The relentless rate hikes were implemented in response to ... 0 shares
Gold Suffers Setback as USD and Yields Blast Off. Will XAU/USD Break Down? by Vinit Makol · July 21, 2023 · no comment Gold suffers a setback after an impressive performance earlier in the week, with XAU/USD prices declining by approximately 0.5% to $1,967. This decline was primarily influenced by the surge in ... 0 shares