Forex Market

Atlanta Federal Reserve President Raphael Bostic said, on Monday, that if he were voting now, he would vote to hold rates in June, but warned that he has to keep a possible rate hike on the table. He also forecasts inflation to be in the high 3s by year-end, and …

The US Treasury Department reiterated Monday it expects to be able to pay the US government’s bills only through June 1 without a debt limit increase, increasing pressure on congressional Republicans and the White House to reach a deal in coming days.The news also quotes US Treasury Secretary Janet Yellen …

The USD/CAD pair made a U-turn after hitting a daily high of 1.3567 due to overall US Dollar weakness, spurred by a risk-on impulse and higher oil prices. Canadian housing started increasing by 22% in April, with total units rising to 261,600. Data from Canada underpinned the CAD, with Canadian …

نور كابيتال | لقاء محمد حشاد على شاشه دبي – 15 مايو 2023 Dubai TV interviewed Mohammed Hashad, Director of Research and Development at Noor Capital and the member of the American Society of Technical Analysts, to comment on the most important developments in the financial markets and their impact …

Gold price is struggling to defend the week-start corrective bounce amid mixed sentiment. Anxiety ahead of the top-tier United States data, debt ceiling talks prod XAU/USD buyers. Meanwhile, the US Dollar bears take a breather amid hawkish Federal Reserve talks.Also challenging the XAU/USD’s week-start corrective bounce are the mixed updates …

Disappointing Concern for the US economy is raised by the New York Empire State Manufacturing Index’s sharp decline to -31.3. According to Biden and Brainard, “serious and constructive” discussions are taking place over raising the US debt ceiling.The BoE recently increased rates by 25 basis points to combat inflation; future …

In a report published on Monday, the Federal Reserve Bank of New York said that the total household debt rose by 0.9% in the first quarter to $17.05 trillion.The US Dollar Index showed no immediate reaction to this report and was last seen losing 0.2% on the day at 102.50.Key …

Atlanta Federal Reserve President Raphael Bostic said, on Monday, that if he were voting now, he would vote to hold rates in June, but warned that he has to keep a possible rate hike on the table. He also forecasts inflation to be in the high 3s by year-end, and …

Turkish stocks fell on Monday as the presidential election appeared to be headed for a run-off and incumbent President Recep Tayyip Erdogan advanced. The main index of Turkish stocks fell more than six percent at the open, which led to a halt to trading on the stock exchange before it …

The Turkish lira fell to its lowest level in two months as financial markets began trading in the aftermath of the presidential and parliamentary elections that took place on Sunday, amid expectations that the presidential race is heading to a run-off. The lira fell to 19.70 against the dollar, before …