Category Finance

As it’s usually the case for Mondays, today is going to be a boring one on the data front as we don’t have anything on the agenda. The main event of the week is of course the FOMC decision on Wednesday. The market pricing is now more in…

Eurostoxx -0.2%Germany DAX -0.3%France CAC 40 -0.2%UK FTSE -0.3%Spain IBEX -0.1%Italy FTSE MIB -0.2% The start of the session is turning interesting with USD/JPY inching back below the 140.00 mark again. That comes as bond yields are staying pressured and the dollar also softening across the board. US…

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This will keep market players on their toes in the days ahead, especially the Fed decision. USD/JPY is on the brink of a break under 140.00 and 2-year Treasury yields might be threatening a fall to its lowest in two years. Meanwhile, gold is surging to fresh record…

It may be a holiday in Japan and China but that hasn’t dampened the trading mood to start the week so far. The dollar is pushed lower as we look towards European trading, with USD/JPY in particular testing the 140.00 mark. The low earlier touched 139.94 and marks…

Fiverr has released new research showing that retailers are intensifying their focus on AI, social media, and discounts as they gear up for the 2024 holiday season. The study, conducted in partnership with Censuswide, surveyed over 2,500 consumers and more than 2,500 small-to-medium business (SMB) leaders globally. The…

Gold keeps on rising, no end in sight – especially with ongoing central bank rate cuts. I posted this earlier, with other factors supportive for the metal: UBS says gold is its “Most Preferred” in its global asset allocation This article was written by Eamonn Sheridan at www.forexlive.com.

Japan is on holiday today, but that is irrelevant to yen buyers. USD/JPY to its lowest in 12 months, without fresh news nor data to drive it (none is needed, as I’ve been saying for a while now): The USD is lower pretty much across the board also.…

Greg Ip is the chief economics commentator for The Wall Street Journal (gated). He has weighed in on the FOMC decision coming up on Wednesday, September 18: The Federal Reserve’s interest-rate decision this week looks more difficult than it should be. The real question isn’t how much to…

UBS analysts have reaffirm their bullish outlook on gold, pointing to its value as a hedge against macroeconomic and geopolitical uncertainties: maintains a target price of $2,700/oz by mid-2025 In brief from the UBS report: Gold has jumped by 23% in 2024, to its highest ever price, due…