Friday, May 3, 2024
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Euro stays afloat in the dominant bullish trend

The common currency derives support from a weaker dollar as the US currency has been losing ground since late-September The euro advanced last week, albeit held off June highs...

Gold struggles for direction this month

The yellow metal has been oscillating around the 100-SMA for the third week in a row Gold prices rallied earlier in the week to stop just a tad below...

Bitcoin steadies after BoJ-induced rally, bearish trend persists

A failure to clear the $17,000 immediate resistance could trigger a fresh sell-off Following a weak start to the week, the price of bitcoin rallied on Tuesday to add...

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 failed recovery attempt....

Two-day Finbridge Expo to be held in Mumbai on December 17-18

Bringing traders, investors and finance professionals together at a single platform, the seventh edition of the two-day Finbridge Expo will open in Mumbai on 17 December. Catering exclusively to...

Key takeaways from Annual Conference of Financial Street Forum 2022

The Annual Conference of Financial Street Forum 2022, concluding here Wednesday, has featured senior officials from China's monetary and financial authorities, who spoke about reform and high-quality development of the country's financial...

Oil falls nearly 10% from local peaks despite a weaker dollar

The futures could extend the descent if the greenback switches into recovery mode after the recent slide Oil prices have been falling for the second week in a row as...

Euro buoyed as greenback stays on the defensive

In a wider picture, the upside potential remains limited as the Eurozone is expected to plunge into recession The euro retains a bullish tone these days as the dollar stays on...

Gold could see more gains due to a weaker USD

The precious metal retreated marginally in recent trading, in part due to some profit-taking Gold prices rallied amid a weaker dollar as fresh data out of the United States pointed...

Bitcoin visits two-year lows amid FTX news

BTCUSD stays under pressure, struggling to regain a bullish bias even at the current levels The price of bitcoin has been losing ground for the fourth consecutive session on Wednesday. Yesterday,...