Forex Market

UK home sales fell 4% in the four weeks to November 23 as many potential buyers retreated from the market amid concerns over higher property taxes in the upcoming budget, real estate agency Zoopla said on Friday. Buyer demand was 12% lower than during the same period last year, reflecting …

Gold prices rose in Asian trade on Friday and were on track for a fourth consecutive month of gains in November, supported by growing confidence that the U.S. Federal Reserve will cut interest rates next month. Bullion briefly slipped in the previous session but quickly resumed its upward move as …

Gold prices held firm in muted trading on Thursday, stabilizing near $4,158 as global markets leaned further toward the view that the US Federal Reserve will deliver a 25-basis-point rate cut in December. With US markets closed for the Thanksgiving holiday, overall liquidity remained thin, yet conviction surrounding imminent monetary …

The British Pound held its ground on Thursday, trading narrowly higher at 1.32404 against the US Dollar—up 0.01% from the previous close—in a restrained session shaped by cautious positioning ahead of key central-bank decisions. The currency moved within a tight daily range between 1.32098 and 1.32685, reflecting a market unwilling …

Treasury yields have entered a volatile phase as global markets respond to shifting expectations around future interest rate moves. These fluctuations—closely watched by investors—reflect deeper uncertainty about economic momentum, inflation trends, and central bank strategies. Australia, in particular, has seen heightened sensitivity to yield movements, with investors reassessing the cost …

The Japanese Yen slipped again on Thursday, losing part of its earlier recovery as the US Dollar held firm in quiet, holiday-thinned trading. The broader mood in currency markets continues to work against the Yen, which has struggled for direction amid growing unease about Japan’s fiscal outlook and a lack …

The U.S. dollar strengthened slightly on Thursday in subdued trading due to the Thanksgiving holiday, though the currency remained on track for its steepest weekly decline in four months. By 04:49 ET (09:49 GMT), the U.S. Dollar Index rose 0.1% to 99.69, with volumes muted as U.S. markets stayed closed …

Gold prices edged lower in Asian trade on Thursday, easing slightly after a strong week-long advance driven by mounting expectations that the U.S. Federal Reserve will cut interest rates in December. Speculation that a more dovish successor could replace Fed Chair Jerome Powell after his term ends in 2026 also …

U.S. Treasury yields showed a mixed performance on Wednesday, balancing between stronger-than-expected economic data and a broad rally in global bond markets. While the latest figures highlighted robust activity in the manufacturing sector, investor interest in long-term debt remained resilient, thanks in part to movements in the UK bond market.Over …

The latest Beige Book from the Federal Reserve paints a picture of an economy moving with caution, as wage growth continues at only a modest pace across most regions. The report—released eight times a year to summarize real-time economic conditions—indicates that slow wage gains have contributed to further moderation in …