The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in …
Chicago corn and soybean futures experienced a modest rise on Friday but stayed close to their lowest levels since 2020. This trend points to a challenging week for these agricultural commodities, driven by favourable crop weather in the United States …
Nvidia stock prices drop as geopolitical tensions and regulatory concerns spook the market. Explore the implications and forecasts.
The GBPUSD pair reached a one-year high, driven by stable UK inflation and resilient wage growth, while the US dollar faces a challenging week.
AUD remains steady as mixed employment data clouds the outlook for a rate hike. Read how external factors and central bank actions influence trading opportunities.
Gold prices near record highs as anticipation of a US Fed rate cut boosts demand. Find out more about the factors driving the surge in gold.
Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since …
Japan’s yen surged to a six-week high on Thursday, sparking rumours of official intervention. Learn how the dollar experienced broad losses as markets anticipate U.S. rate cuts in the near future.
Key Points: After minor declines, Brent crude oil and WTI are trading at $83.62 per barrel and $80.65 per barrel respectively. US crude inventories fell by 4.4 million barrels, indicating tightening supply. Geopolitical risks in the Red Sea add to …
Key Points: Japan likely conducts yen-buying intervention, as suggested by Bank of Japan data. The BOJ projected a significant drop in commercial banks’ deposits, indicating potential currency intervention. The Ministry of Finance has not confirmed the intervention, though data suggests …