Thursday , 9 January 2025

Forex

Forex

Goldman Sachs: Analyzing the March FOMC meeting’s impact on USD

As the Federal Reserve prepares for its March FOMC meeting, Goldman Sachs forecasts that the committee is likely to maintain its cautious stance,...

Forex

Mexican Peso weakens and plunges against US Dollar amid Mexico’s holiday

The Mexican Peso (MXN) depreciates sharply against the US Dollar (USD) on Monday as Mexico’s markets remain closed in the observance of Benito...

CryptocurrencyForex

Bitcoin corrects higher and finds willing sellers against a key hourly moving average.

The price of bitcoin as a a lot of up-and-down action today. However, a pattern that arising is sellers leaning against or near...

Forex

NZD/JPY Price Analysis: Bears intensify their grip, bulls must defend SMAs

In Monday's trading, the NZD/JPY reversed its course and gave up daily gains to decline towards 90.60.

Forex

White House: Deal for Gaza ceasefire has been more elusive than US hoped

More pressure needs to be applied to Hamas to end the conflictAnarchy reigns in parts of GazaMajor ground operation in Rafah would be...

Forex

The dot plot is overrated but even the minute details will matter this time

In December, the Fed released a dot plot that showed 75 basis points is rate cuts in 2024. At the time, that seemed...

Forex

US Dollar stands mildy up on higher US Treasury yields, eyes on FOMC

The US Dollar Index (DXY) trades at 103.55 on Monday, reflecting minor gains.

Forex

EUR/USD drops on high US yields as markets eye FOMC decision

The Euro drops against the US Dollar at the beginning of the week as investors brace for the Federal Open Market Committee (FOMC)...

Forex

Housing affordability has cut into Canadian purchasing power in a big way – RBC

RBC released its latest Canadian consumer spending tracking data on Friday and it paints a mixed picture. The numbers are based on RBC's...

Forex

Nvidia gives up gains ahead of today’s event

Shares of NVDA rose as high as $924 at the open today on enthusiasm for an Nvidia keynote from CEO Jensen Huang at...