market Archives - Page 54 of 57

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Turkish Lira sunk to record low against the US Dollar.

by Seerat Fayaz · November 12, 2021 ·

On Friday, the Turkish Lira fell to its third all-time low in many days. It was hovering near the critical threshold of 10 to the dollar. As a result there ...

Gold Prices Soar Amid Rise in USD

by Seerat Fayaz · November 11, 2021 ·

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Gold prices rose overnight as traders absorbed the United States' considerably hotter-than-expected inflation data. The October consumer price index (CPI) showed the highest annual rate of inflation in more than ...

The GBP/USD appears fragile in the face of Brexit uncertainty.

by Seerat Fayaz · November 10, 2021 ·

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The GBP/USD pair broke out of its intraday consolidative trading range. It plummeted to two-day lows in the 1.3520-15 zone.GBP/USD saw some selling on Wednesday. It was amid resurgent USD ...

Trade Lookout in China’s Market on November 10, 2021

by Seerat Fayaz · November 10, 2021 ·

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China accounts for 30% of global production capacity. Rising COVID infections and the current low levels of natural immunity imply that an increase in viral propagation throughout the winter might result ...

Turkish Lira Update for November 2nd, 2021

by Seerat Fayaz · November 2, 2021 ·

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On Tuesday, the Turkish Lira resumed the downside versus the US Dollar against the backdrop of the rebound in the greenback, but extended the consolidation mood at the same time. ...

RBA decision results in weekly lows for AUD/USD

by Seerat Fayaz · November 2, 2021 ·

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AUD/USD plummeted to a weekly low of 0.7470 after the monetary policy decision by the Reserve Bank of Australia (RBA).RBA ends the 2024 April bond target of 0.1% and kept ...

Gold: Update for November 1st, 2021

by Seerat Fayaz · November 1, 2021 ·

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Gold moved higher on the first trading day of the week after a significant fall in the last session on Friday."Gold investors will be much more cautious being caught long ...

Fed Updates and Possible Game Changers for the Next Week

by Seerat Fayaz · October 30, 2021 ·

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A big question heading into next week is why stocks have been so resilient in the face of substantially higher short-term yields. This, especially as the employment cost index rises ...

Financial Markets Update for October 29th, 2021

by Seerat Fayaz · October 29, 2021 ·

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AUD rates were still in focus when the RBA yet again didn't defend its yield target. Economists at Citibank expect the AUD/USD to move back lower because the 0.7550 level ...

Financial Markets Update for October 28th, 2021

by Seerat Fayaz · October 28, 2021 ·

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Financial markets have been slowing down for the first two days of this week as traders paused to receive monetary policy announcements from major banks around the world, including the ...