Gold prices edged higher on Wednesday, reclaiming ground lost earlier in the week as global investors shifted focus to the U.S. Federal Reserve’s widely anticipated interest rate decision. The yellow metal traded just below the key $4,000 mark per ounce, recovering from a recent three-week low as traders adopted a …

The U.S. Federal Reserve is preparing to cut interest rates for the second time in as many months, as policymakers seek to balance modest inflation gains against a murky economic backdrop caused by the ongoing government shutdown. The decision, expected after the October policy meeting, is widely anticipated to lower …

In a surprising turn for currency markets, the Canadian Dollar surged to its strongest level in a month against the US Dollar, following a strategic move by the Bank of Canada that blended a rate cut with a clear signal of tightening ahead. The USD/CAD pair dropped to approximately 1.3893, …

Wall Street reached new heights on Wednesday as U.S. stock indices posted fresh record highs, fueled by the unstoppable rise of Nvidia — now officially the world’s first $5 trillion company. The milestone marks a historic moment for the tech-driven market, underscoring how artificial intelligence continues to redefine global finance …

West Texas Intermediate (WTI) crude oil prices fell by approximately 2.00%, primarily driven by reports indicating the Organization of the Petroleum Exporting Countries (OPEC) might soon increase its production rates. This decline is occurring at a sensitive moment, as markets are closely tracking any action by OPEC and the resulting …

Gold prices experienced a sharp decline on Tuesday, falling by approximately $56.50, or 1.41%, to hit their lowest level in three weeks. This slump is primarily due to continued heavy selling by investors unwinding long positions following a robust two-month rally.Precious metals were broadly affected this week by a drop …

The Japanese yen strengthened sharply on Tuesday, pushing the USD/JPY pair lower toward the 152.00 mark, as optimism grew over deepening trade cooperation between Japan and the United States. The move highlights renewed confidence in Japan’s economic role amid global uncertainty, while the U.S. dollar came under pressure ahead of …

Bitcoin retreated by some 0.80% to settle at $113,160. Bitcoin prices traded steadily earlier on Tuesday, and were holding near recent highs as investors paused for direction ahead of a pivotal week marked by the Federal Reserve’s policy meeting and renewed diplomatic talks between the United States and China. The …

The U.S. dollar traded slightly lower on Tuesday as investors positioned themselves ahead of the much-anticipated Federal Reserve policy announcement. With the two-day Federal Open Market Committee (FOMC) meeting underway, markets are overwhelmingly expecting a 25-basis-point rate cut — and are watching closely for signs that the central bank could …

The British pound extended its losses on Tuesday, slipping below the $1.33 mark for the first time since mid-October, as investors reacted to worsening fiscal projections in the United Kingdom. The drop came amid reports that the Office for Budget Responsibility (OBR) is preparing to cut its productivity forecast, potentially …