About: anakin

Recent Posts by anakin

Amidst concerns of excess supply, WTI rises above $59.50 due to a weaker US Dollar

WTI oil prices rise on a weaker US Dollar, tempered by supply concerns and rising crude inventories.

The People’s Bank of China established the USD/CNY central rate at 7.0836, differing from 7.0865

PBOC sets USD/CNY central rate at 7.0836, signaling a stronger yuan than Reuters forecast.

The October trade balance data from China may influence AUD/USD, with expectations of widening figures

China’s trade data may boost AUD; stronger exports and imports support Australian Dollar amid USD weakness.

The recovery of GBP/USD is driven by positive sentiment around the Bank of England’s interest decisions

GBP/USD climbs to 1.31 as BoE hints at rate cut; US data delays shift market focus.

Gold Regains Strength as Rate Bets Rise

Gold prices climbed back toward the $4,000 level as weak U.S. private-sector data and an extended government shutdown fuelled expectations of another Fed rate cut in December. – vtmarkets.com

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