Gold down 1% due to stronger dollar, with Nvidia and US data in focus
By Polina Devitt LONDON (Reuters) – Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key U.S. inflation report that could provide more…
Dollar rebounds, traders seek clarity on US rate path
By Brigid Riley and Sruthi Shankar (Reuters) – The dollar rebounded on Wednesday after a recent run of declines that pushed it to its weakest in more than a year,…
Tight zinc mine supply putting increased pressure on smelters: BofA
Investing.com — The zinc market is currently facing challenges due to a tightening in mine supply, which has placed increased pressure on smelters globally. As per analysts at BofA Securities…
Buy AUD/NZD on ligher positioning, hawkish RBA – BoA
Investing.com – Foreign exchange traders should consider buying the Australian dollar versus the New Zealand dollar, according to Bank of America Securities, citing the differing interest rate expectations. At 07:45…
USDJPY: Longer-term downtrend intact
Investing.com –The USDJPY exchange rate, after a sharp drop from 162 in early July to 141.7 in early August, has recently stabilized within a range of 143.5 to 149.5. In a…
Gold pressured by stronger dollar, with Nvidia and US data in focus
By Polina Devitt LONDON (Reuters) – Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key U.S. inflation report that could provide more…
US clean energy jobs growth rate double that of overall jobs, report says
By Timothy Gardner WASHINGTON (Reuters) – Jobs in the U.S. clean energy industry in 2023 grew at more than double the rate of the country’s overall jobs, and unionization in…
Morning Bid: As Nvidia awaited, Treasuries absorb new deluge
A look at the day ahead in U.S. and global markets from Mike Dolan Nvidia (NASDAQ:NVDA)’s post-bell earnings update on Wednesday is keeping stock markets everywhere in a holding pattern,…
Best Brokers in APAC
In the world of Forex trading, the broker you choose can either be a steppingstone or a stumbling block. With the APAC region’s diverse market forces, the task of finding…
Loonie Strengthens Against Greenback. Forecast as of 28.08.2024
The Canadian economy is less robust than the US economy, the labor market is experiencing a more pronounced cooling, and the Bank of Canada has already reduced the overnight rate…
