Stay on top of your trading with analyses of the latest market news.
Key points: The Japanese yen remains near a 38-year low, hovering around 160 per dollar, raising concerns of possible intervention by Japanese authorities. US dollar strength continues as markets are in anticipation of its inflation data. This article is a follow-up …
Key Points: The Dow Jones Industrial Average added 0.7%, driven by gains in consumer sectors. In contrast, the S&P 500 declined by 0.3%, and the Nasdaq composite slumped over 1%, dragged down by chipmakers. Nvidia (NVDA) was a major …
Silver prices (Symbol: XAGUSD) have been on an upward trajectory in 2024 with 21% year-to-date, making it one of the best-performing commodities this year. Silver has outperformed its metallic counterparts, gold and copper, as well as the S&P 500 index. …
Key points Australian dollar rises 0.4% to $0.6675 Annual inflation jumps to 4.0% in May, above forecasts Market prices in higher probability of rate hike The Australian dollar surged higher on Wednesday after data revealed that inflation accelerated much more …
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