Gold Prices Rise as US Dollar Weakens on Jobless Claims Surge, XAU/USD Eyes Bullish Engulfing by Vinit Makol · June 9, 2023 · no comment Gold prices experienced a remarkable rally on Thursday, driven by the weakening US Dollar and an unexpected surge in jobless claims. The precious metal soared by 1.3 percent, marking its ... 0 shares
Bank of Canada Raises Interest Rates by 25bps, USD/CAD Falls as Demand Skyrockets by Vinit Makol · June 8, 2023 · no comment The Bank of Canada (BoC) has come out swinging with a bold move, raising interest rates by 25 basis points. This unexpected decision has sent shockwaves through the market, causing ... 0 shares
Regulatory Crackdown: SEC Charges Coinbase and Binance, Shaking Bitcoin Prices and Crypto Exchanges by Vinit Makol · June 7, 2023 · no comment The cryptocurrency market experienced a significant shakeup as the U.S. Securities and Exchange Commission (SEC) filed charges against two major players in the industry, Coinbase and Binance. SEC charges have ... 0 shares
Australian Dollar Soars as RBA Surprises with Interest Rate Hike by Vinit Makol · June 6, 2023 · no comment The Australian dollar experienced a significant surge in value after the Reserve Bank of Australia (RBA) took markets by surprise and decided to increase interest rates by 25 basis points. ... 0 shares
AUD Rate Outlook Uncertain as Inflation Rises by Vinit Makol · June 5, 2023 · no comment With economists and money markets at odds, the direction of AUD rate outlook remains uncertain. Lingering price pressures and a rebound in home prices have created a challenging landscape, making ... 0 shares
US Debt Ceiling Resolution Shifts Focus to Fed’s Rate Outlook by Vinit Makol · June 5, 2023 · no comment As the US debt default crisis has been averted, market attention now turns back to the US Federal Reserve's rate outlook. Following a stronger-than-expected reading of the US May non-farm ... 0 shares
How China’s Reluctance to Replace the Dollar Impacts Global Reserve Currency Dynamics by Vinit Makol · May 29, 2023 · no comment In the midst of ongoing discussions about de-dollarization and the potential for the yuan to replace the US dollar as the world's reserve currency, China's stance on the matter is ... 0 shares
Australian Dollar Rises 0.2% as US Debt Ceiling Deal Brings Relief by Vinit Makol · May 29, 2023 · no comment The Australian and New Zealand dollars experienced a sigh of relief as news broke of a deal between US President Joe Biden and congressional Republican Kevin McCarthy to suspend the ... 0 shares
US Dollar’s Fate Hangs in the Balance as Debt Deal Breakthrough Emerges by Vinit Makol · May 29, 2023 · no comment The US Dollar's fate hangs as it enters a critical juncture as market focus intensifies on the potential breakthrough in the debt ceiling deadlock. Amidst expectations of a resolution being ... 0 shares
Copper Price Dips at Recessionary Concerns by Vinit Makol · May 27, 2023 · no comment The recent decline in copper prices has sent shockwaves through the market, leading many to question whether the red metal is signaling an imminent recession. As a vital barometer of ... 0 shares