The New Zealand Dollar (NZD) declined against the US dollar (USD) following the release of US economic data suggesting inflation may remain elevated, leading to expectations of continued high interest rates in the US.
26 July 56171 02:31 AM
EUR/USD is marginally more likely to drift higher than to fall much, as gradual synchronised easing reduces
14 March 2024 01:18 PM
The Dow Jones Industrial Average (DJIA) climbed over 39,000 points on Wednesday, outperforming the S&P 500 and NASDAQ
13 March 2024 07:00 PM
The Pound Sterling (GBP) regained its lost footing against US Dollar (USD), with GBP/USD clinching the highest level in seven months near the 1.2900 mark.
13 March 2024 09:43 AM
Gold declined on Tuesday following a hotter-than-expected US Consumer Price Index report. US inflation rose to 3.2% YoY
12 March 2024 11:06 PM
The Pound Sterling has depreciated against the US Dollar following mixed economic data from the UK and US. US inflation remains elevated
12 March 2024 02:52 PM
The GBP/USD pair remains on the defensive above the 1.2800 support during the early Asian trading hours on Tuesday. The lower bets on rate cut expectations from the Bank of England (BoE) weigh on the Pound Sterling (GBP). Investors await the UK labour mar
8 December 56164 08:30 PM
The Japanese economy grew 0.1% in the fourth quarter of 2024, below expectations of 0.3% growth. The annualized GDP expanded by 0.4%
11 March 2024 12:09 AM
Brent crude prices are expected to hover within a $80.00-$90.00 range this year, according to economists at MUFG Bank.
8 March 2024 04:12 PM
Japanese Finance Minister Shunichi Suzuki warned on Friday that rising interest rates could put pressure on Japan's debt.
8 March 2024 01:51 AM
The US Dollar Index (DXY) fell to the 103.1 level on Thursday after the release of disappointing labor market data. Initial Jobless Claims
7 March 2024 05:57 PM
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged
7 March 2024 02:36 PM
The gold price is strongly bullish after failing to retest the uptrend line. A new lower low activates a corrective phase.
7 March 2024 07:52 AM
In the world of online gambling, it’s often said that luck favors the brave, and at Fairspin, see stories of awesome jackpots all the time.
7 March 2024 06:44 AM
India’s Sensex opened modestly flat on Thursday, having rebounded firmly on Wednesday. Sensex hit fresh record highs above 74,000
7 March 2024 04:52 AM
Indian Rupee (INR) edges higher on Thursday amid the decline of the US Dollar Index (DXY).
7 March 2024 04:38 AM
The US Dollar Index (DXY) fell on Wednesday after Federal Reserve Chair Jerome Powell's speech and weak ADP Employment Change data for February. Powell said the Fed needs more evidence to start cutting rates.
17 October 56149 06:56 PM
The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.
6 March 2024 02:54 PM
The US Dollar Index (DXY) has pared some of its earlier losses due to lower-than-expected Services PMI data from the Institute for Supply Management (ISM).
5 March 2024 06:31 PM
Wall Street's major indexes recorded a mixed performance on Monday, with the S&P 500 and Nasdaq Composite closing at new all-time highs
4 March 2024 07:32 PM
The Coinbase Exchange, the largest trading platform in the US, is making headlines again for the wrong reasons, as users complain of 0 balances on accounts.
4 March 2024 07:12 PM
Total construction spending fell 0.2% in January, driven by weakness in nonresidential spending. Harsh winter weather also contributed to the decline.
4 March 2024 07:05 PM
US core PCE data was in line with market forecasts of a 0.4% MoM gain. With a firmer number largely discounted by markets, the on-consensus outcome was treated more like a dovish surprise. The 3m annualized reading did edge up modestly (2.2%, from 2.1%) b
14 August 56140 02:35 AM
Market Recap: Tech Stocks Surge, Nasdaq Hits All-Time High: Wall Street's main indexes close in the green to wrap up the week
3 March 2024 09:50 AM
Economists at OCBC Bank analyze the pair's outlook, noting that some unwinding of Kiwi longs may still be underway. However, they remain attractive
3 March 2024 07:29 AM
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