USDCAD Resistance Economic Data
Market News

USDCAD Stalls at Crucial Resistance: Economic Data and Technicals in Focus

USDCAD faces resistance at 1.3540 amid mixed economic data; traders await cues for potential breakout or reversal.

British Pound FTSE 100 Higher
Market News

British Pound Latest – UK Labor Market Cools, FTSE 100 Rise

The UK labor market cools with marginal rise in unemployment; GBP/USD steadies around 1.2800, FTSE 100 probes higher.

US Dollar Weakens Gold and Bitcoin Highs
Market News

US Dollar Weakens: Gold and Bitcoin Eye New Highs

US dollar weakens amid Fed and ECB rate cut speculations, while gold and Bitcoin anticipate gains ahead of US NFPs.

Asia-Pacific Markets Stocks soar
Market News

Global Markets Surge, Asia-Pacific Markets Stocks Soar

Asia-Pacific markets surged on Powell's hints of rate cuts; S&P/ASX 200 hit record high, Nikkei up 0.25%.

Gold All-Time High
Market News

Gold Bulls Charge Ahead: Path to All-Time High in Sight

Gold price nears all-time high at $2,141.8/oz, driven by Fed rate cut expectations and geopolitical tensions; Powell testimony awaited.

Market News

In the Face of Dovish RBNZ, Aussie Inflation Holds Steady

Australian inflation holds at 3.4%, while RBNZ signals concern, prompting AUD softening and NZD decline in currency markets.

China Post-Holiday Surge
Market News

China Post-Holiday Surge: CSI 300 Climbs, Diplomatic Talks in Focus

Asian markets surged post-holidays, with China's CSI 300 up 0.5%; US markets closed for Presidents’ Day. Inflation concerns linger.

RBA Cash Rate Steady
Market News

Global Market Focus: RBA Holds Cash Rate Steady

RBA keeps cash rate steady at 4.35%, citing inflation concerns; AUD rises slightly, impacting global currency and commodity markets.

US Services Sector Growth dollar index surge
Market News

U.S. Services Sector Growth Continues as Dollar Index Surge

The U.S. services sector expands, boosting economic growth, while the dollar index rises, indicating increased demand for the currency.

BoE rate decision
Market News

Surging Inflation Forecast Overshadows BoE Rate Decision

Bank of England maintains rates, MPC split on future moves; inflation forecast dampens rate cut hopes. Markets react positively.

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Latest News

BOJ Bond Purchase Plans Shake Asian Indices: Market Focus
Market News

BOJ Bond Purchase Plans Shake Asian Indices: Market Focus

Asian markets mixed as the BOJ hints at bond purchase reduction; Nikkei gains, Hang Seng falls; US indices hit record highs.

Dollar Falls and Gold Surges as U.S. Inflation Cools
Market News

Dollar Falls and Gold Surges as U.S. Inflation Cools

Soft U.S. inflation data prompts dollar sell-off, while the Fed's hawkish stance drives market volatility ahead of the Asia session.

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