Forex Market

Silver has decisively broken through critical resistance levels, signaling the official onset of a robust bull market. Analysts pinpoint a convergence of bullish technicals, tightening supply-demand dynamics, and a pronounced historical undervaluation, all propelling silver towards a potential retest of its $50 per ounce historical high.While gold consistently hit records, …

On Tuesday, July 15, U.S. President Donald Trump unleashed a remarkable array of trade moves, tariff threats, and economic demands, shaking up global markets. From securing a massive trade deal with Indonesia to pushing for access to India’s vast market, Trump kept the world on edge. He also issued a …

The British Pound is gaining ground against the Japanese Yen, with GBP/JPY hovering near 199.30 on Tuesday, buoyed by diverging central bank policies and Yen weakness. As markets brace for UK inflation data and looming US-Japan trade talks, the pair faces a critical test—can it push past key levels or …

Equity markets experienced mixed performance as key economic indicators and significant policy developments influenced investor sentiment. The Consumer Price Index (CPI) indicated accelerating inflation in June, major banks commenced earnings season with varied results, and a notable shift in trade policy regarding artificial intelligence (AI) chips emerged, prominently featuring Nvidia. …

The US Dollar is on a tear, with the Dollar Index (DXY) climbing above 98.70 — its strongest level in weeks — as fresh inflation data from June casts doubt on imminent interest rate cuts by the Federal Reserve. The Consumer Price Index (CPI) report revealed a sharper-than-expected rise in …

Canada’s Consumer Price Index (CPI) climbed to 1.9% year-over-year in June, up from 1.7% in May, according to Statistics Canada’s Tuesday release. The uptick fell short of economists’ expectations of a 2% rise, but core inflation measures remained elevated, signaling persistent price pressures and reducing the likelihood of a Bank …

The EUR/JPY pair climbed to a fresh yearly peak, holding above 173.00 during Tuesday’s American trading session, a level not seen since July 12, 2024. The Euro extended gains against the Japanese Yen for the third straight session, driven by persistent Yen weakness fueled by wide interest rate differentials, import-driven …

Wells Fargo reported strong second-quarter earnings, surpassing analysts’ profit estimates, but cut its 2025 net interest income (NII) guidance, leading to a 3% drop in shares in pre-market trading. Key Highlights: Net Income: Wells Fargo posted $5.49 billion ($1.60 per share), up from $4.91 billion ($1.33 per share) a year …

The U.S. inflation rate reached 2.7% in June, according to the Consumer Price Index (CPI) report released by the U.S. Bureau of Labor Statistics (BLS) on Tuesday. This marks an increase from May’s inflation rate of 2.4% and aligns with market expectations. Key Data: The headline CPI rose 2.7% year-on-year, …

Citigroup (NYSE: C) posted a significant 25% year-on-year rise in net income for the second quarter, driven by windfall earnings from volatile markets. The bank’s net income reached $4 billion, or $1.96 per share, for the three months ending June 30. Key Financial Metrics: Revenue increased by 8% to $21.7 …