Gold pressured by Fed’s hawkish pause
Powell raised the possibility of at least one more rate hike this year
The price of gold has been trending lower for the third session in...
Dollar steady ahead of Fed meeting
The central bank’s decision will set the tone for the greenback later in the week
The US dollar looks steady on Tuesday after a modest three-day slide....
The yen needs BoJ intervention
The Japanese currency struggles to attract safe-haven demand as traders prefer to buy US dollars instead
The Japanese yen has been on weak footing these days,...
Dollar capped by upbeat risk sentiment
Fresh economic data out of the US that could provide more clues about the Fed’s next steps
The US dollar keeps trending lower these days, as Treasury...
Euro looks indecisive despite a weaker dollar
EURUSD extended the recent advance towards the 1.0930 zone where the 100-DMA capped gains
The euro has been rising for the second session in a row...
Dollar rally wanes, retail sales data in focus
The buying interest surrounding the USD eased as sentiment in the global financial markets turned more positive
The US dollar has steadied on Tuesday after...
US dollar struggles to attract safe-haven demand
The USD failed to capitalize on the rally in the US Treasury bond yields across the curve
The US dollar is back on the defensive after the recent...
Israel makes Tel Aviv exchange SPAC-ready, with focus on tech deals
Israel has established rules to open up the Tel Aviv stock market for special purpose acquisition companies (SPACs), aiming to join in a boom in these investment vehicles which...
U.S. existing home sales extend decline; house prices race to record high
U.S. home sales fell for a third straight month in April as an acute shortage of properties drove prices to a record high.
Existing home sales...
Bitcoin’s star backers, dip buyers help cryptos recover
Bitcoin regained some lost ground to trade near $40,000 on Thursday, a day after a brutal selloff on concerns over tighter regulation in China and unease over the extent...
