Stay on top of your trading with analyses of the latest market news.
ICYMI – 30 April 2024 – Monday marked a modest retreat in gold prices, with the commodity trading lower as market participants hold their breath for major upcoming economic indicators. The trading community is treading lightly, preferring to wait on …
30th April 2024 Chicago wheat futures continued to decline on Tuesday, dropping 0.4% to $6.06 a bushel by 0034 GMT. This move follows a significant 2% decrease on Monday, moving away from last week’s four-month high of $6.33-1/2 a bushel, …
29th April 2024 – Following recent inflation data in the United States, which indicated that immediate interest rate cuts are unlikely, currencies in Asian emerging markets experienced subdued activity. The Indonesian rupiah depreciated by 0.3% against the U.S. dollar, while …
In a dramatic turn of events in Asian markets on Monday, the Japanese yen recorded a surge against the dollar, appreciating by 5 yen, with traders attributing this sharp recovery to heavy dollar-selling by Japanese banks. This intervention seemed to …
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