US dollar has ceased its upward trajectory since the release of US economic data indicating a slowdown in consumer prices. This data has reinforced expectations that the Federal Reserve is likely begin cutting interest rates at its September meeting. This data has fuelled speculation that the Federal Reserve is likely …

The market is currently focused on the potential policy decisions of the Fed, with strategists believing that the risk of EUR/USD dropping back to 1.10 is high. Market expectations regarding a possible September rate cut from the Fed began to firm up in July, leading to the USD underperforming all …

The US Dollar continued its downward trend as investors digested recent economic data and increased their bets on a more aggressive rate cut by the Federal Reserve. The US Dollar Index (DXY) fell, reflecting a weaker greenback against a basket of major currencies.Fed Rate Cut Expectations AccelerateFollowing dovish comments from …

Gold prices have been on a remarkable ascent, reaching new all-time highs as investors flock to the precious metal amid a confluence of favorable factors. The combination of a weakening US Dollar, rising geopolitical tensions, and increasing expectations for a bolder Fed rate cut has propelled gold prices to unprecedented …

US Treasury yields decreased on Thursday, influenced by mounting speculation that the Federal Reserve might reduce interest rates by more than previously anticipated. This development has negatively impacted yields on benchmark government bonds, which are less favored in a low-interest-rate environment.Over the past few days, markets have experienced significant uncertainty …

Even while THE PREVALENT market SENTIMENT is becoming increasingly optimistic, it’s crucial to remember that things can change quickly in terms of the economy. Investors ought to exercise caution and keep a close eye on developments. The Fed’s impending rate decision is a key event that could have a big …

Trump’s social media stock surged after he announced he is not selling shares in his controversial company, Trump Media. Trump and other insiders in Trump Media & Technology Group will be free to sell shares as soon as next week when lock-up restrictions are set to expire. Trump’s comments instantly …

FOMC Meeting: A Dovish Pivot or Hawkish Hold? The Federal Open Market Committee (FOMC) meeting next week looms large for investors and markets worldwide. Recent economic data has sparked a debate: will the Fed take a dovish turn and cut rates, or will it maintain its hawkish stance on inflation?Softening …

Adobe (Nasdaq: ADBE) delivered a mixed bag of results in its third fiscal quarter of 2024. While the company reported strong top-line growth and record-breaking revenue, a cautious outlook for the fourth quarter sent its stock tumbling. A Strong Quarter, but a Cautious Outlook The software giant’s Q3 revenue surged …

The Canadian Dollar remained relatively unchanged on Thursday, continuing its recent sideways trend. Domestic economic indicators, including a rise in Canadian Building Permits, were overshadowed by the anticipation of a Federal Reserve interest rate cut.The U.S. Producer Price Index (PPI) data, while mixed, did not significantly alter market expectations for …