Apple’s recent event in Cupertino, California, marked a significant milestone in the evolution of smartphones with the introduction of the iPhone 16 series. This latest lineup, which includes the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, showcases Apple’s commitment to innovation and AI integration.Key …

Gold prices have remained relatively stable in recent weeks, fluctuating within a well-defined range. While the precious metal briefly touched new all-time highs following the release of the August Nonfarm Payrolls report, it has since retreated slightly. Gold trades up and down within a range under its record highs. US …

The Euro (EUR) has been under pressure against the US Dollar (USD) as market participants have scaled back expectations for a significant interest rate cut by the Federal Reserve (Fed). This shift in sentiment has strengthened the USD, pushing the EUR/USD pair below 1.1050.The weakening of the EUR/USD pair is …

The US labour market was a significant focus for investors, with the August nonfarm jobs repor as the most awaited data. The report confirmed signs of a softening US labour market, starring a drop in the unemployment rate from 4.3% to 4.2% by a clear softening trend in new jobs …

The US Dollar regained its footing following the release of August’s Nonfarm Payrolls (NFP) report, which offered a mixed bag of economic indicators. While the headline number fell short of expectations, a decline in the unemployment rate and a rise in average hourly earnings fueled speculation about more aggressive monetary …

The Federal Reserve is poised to pivot towards a more accommodative monetary policy, according to recent statements from Chicago Fed President Austan Goolsbee.Goolsbee, speaking on Friday, noted a growing consensus among Fed officials that interest rate cuts are necessary to address the evolving economic landscape. While he didn’t advocate for …

Federal Reserve Governor Christopher Waller has joined the growing chorus of policymakers calling for a reduction in interest rates at the central bank’s upcoming meeting. In a speech delivered on [Date], Waller expressed his belief that the progress made on inflation and the moderating labor market warrant a decrease in …

The US Dollar’s recent decline against the Swiss Franc can be attributed to a combination of factors, primarily stemming from the soft US labour market data revealed in August. The NFP report, which showed a smaller-than-expected increase in jobs, has dampened expectations for interest rate change by the Federal Reserve.After …

The US Dollar experienced a decline on Thursday following the release of mixed economic data. While services sectors showed signs of growth, labour market indicators hinted at potential weakness. This confluence of factors has led investors to speculate on a more aggressive interest rate cut by the Federal Reserve in …

The US dollar continued its downward trend, breaching the crucial 101.00 level. This decline was fueled by persistently low US interest rates and growing speculation that the Federal Reserve might implement a more aggressive interest rate cut, potentially halving the cut in its next meeting.The US Dollar Index (DXY) extended …