Thursday , 5 December 2024

Forex

Forex

Bonds and stocks both stay bid after Powell

If anything, Powell was more hawkish today in his interview.He touted an economy that was stronger than thought in September and inflation "a...

Forex

Forex Today: The US labour market remains in the spotlight

The Greenback traded on the defensive for the second day in a row on Wednesday amid lower yields and the absence of news...

Forex

French government loses no-confidence vote

French Prime Minister Michel Barnier negotiated Brexit, now he's going to negotiate his own exit.Supporting the vote were 331 members out of 574.The...

Forex

Mexican Peso climbs as US business activity slows down

The Mexican Peso registers decent gains versus the US Dollar after mixed US economic data augmented the chances that the Federal Reserve (Fed)...

Forex

Fed’s Powell: The US economy is in a remarkably good shape

Federal Reserve Chair Jerome Powell is set to participate in a moderated discussion on the economic outlook on Wednesday at the New York...

Forex

Beige Book: Fed districts deport slight growth, rising business optimism for 2025

&]:mt-2 list-disc space-y-2 pl-8" depth="0">Economic activity rose slightly in most DistrictsThree regions exhibited modest or moderate growth that offset flat or slightly declining...

Forex

Fed’s Powell: US economy is envy of the world, I’m going to do everything to keep it there

Feel very good about where monetary policy isUS economy is in remarkably good shapeThe same institutional relationships between Fed and Treasury will continue...

Forex

US Dollar weakens after disappointing ISM and S&P Services data

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, declined toward 106.10 on Wednesday amidst...

Forex

Oil can’t hold a bid ahead of Thursday’s OPEC+ decision

There have been multiple reports saying that the most likely OPEC+ result is an extension of production curbs through Q1, followed by the...

Forex

Trump picks former commissioner Paul Atkins for SEC chair

A report yesterday said Atkins was reluctant to take the job. Coindesk reported that Atkins was hesitant to leave his global consulting firm...