Friday , 10 January 2025

Forex

CryptocurrencyForex

El Salvador to transfer a chunk of its bitcoin to a cold wallet, store in a physical vault

El Salvador President Bukele: This article was written by Eamonn Sheridan at www.forexlive.com.

Forex

Japan finance minister Suzuki says strong trend of wage hikes happening now

Japan finance minister SuzukiStrong trend of wage hikes happening now This year's wage hikes to outpace last year's Govt to mobilise all policy...

Forex

Bank of Japan won’t tighten policy next week – here’s why they’ll wait until April

While we wait for Japan's largest union federation, Rengo, to release its survey compiling the results of the salary negotiations some time today,...

Forex

Bank of Canada will need to cut interest rates – USD/CAD to jump above 1.40

Analysts at National Bank of Canada are expecting a weak Canadian dollar ahead, citing:underwhelming economic data (due to interest rates being too restrictive),...

Forex

New Zealand’s Business NZ PMI improves to 49.3 in February vs. 47.5 prior

New Zealand’s Business NZ Performance of Manufacturing Index (PMI) improved to 49.3 in February from the previous reading of 47.5, according to Business...

Forex

Gold weakens following US PPI and retail sales, rate cut hopes fade

Gold prices trimmed some of their Wednesday gains on Thursday after traders began to price in a less “dovish” Federal Reserve following a...

Forex

Silver Price Analysis: XAG/USD dips below $25.00 but remains bullish

Silver’s price retreated below $25.00 per troy ounce as US Treasury yields climbed following US data that induced investors to trim Fed rate...

Forex

NZD/USD remains on the defensive below the mid-0.6100s, firmer US PPI boosts US Dollar

The NZD/USD pair trades on a weaker note below the mid-0.6100s during the early Asian session on Friday.

Forex

UBS see broadening of equity market rally on Fed cuts, robust growth, falling inflation

I posted earlier on:Barclays' 3 reasons to keep buying US stocksAnalysts at UBS Wealth Management are also liking stocks:“While we see merit in...

Forex

Barclays’ 3 reasons to keep buying US stocks

Barclays continues to favour US equities, citing three tailwinds for stocks ahead:First, much of the increase in valuations is earnings driven. Even as...