Gold prices hit one-month high; key $2,700/oz level breached
Investing.com– Gold prices rose to a one-month high Thursday, tracking a drop in the dollar and Treasury yields as mildly softer consumer inflation data spurred bets on lower interest rates…
Oil prices slip lower; profit-taking after recent rally
Investing.com– Oil prices rose in Asian trade on Thursday after hitting multi-month peaks in the previous session, driven by a combination of softer U.S. inflation data, new sanctions on Russian…
USD/INR: UBS recommends shorting India’s rupee
Investing.com — UBS Group AG (NYSE:UBS) is advising investors to short the Indian rupee and reduce their holdings in the country’s stocks. The Swiss banking institution’s research division suggests that…
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -“This time it’s different” is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia’s crude oil…
Top 10 Strongest Currencies in the World in 2025
In times of global instability, currency markets face numerous factors influencing the value of national currencies. Variables like inflation, interest rates, and trade balance play a crucial role in shaping…
Dollar steadies ahead of Trump inauguration
By Stefano Rebaudo (Reuters) -The U.S. dollar steadied on Thursday despite the sharp fall in U.S. bond yields after Wednesday’s inflation data as market focus shifted to Donald Trump’s presidential…
Trump nominee for Interior backs full-throttle drilling on federal lands
(Reuters) – President-elect Donald Trump’s pick for secretary of the interior, Doug Burgum, will tell lawmakers during his nomination hearing on Thursday that he will vigorously pursue Trump’s goals of…
State of the Forex market: USD and AUD see increased demand, CAD and NZD fall short
Investing.com — The demand for the United States Dollar (USD) experienced a significant uptick, notably against the Emerging Market Foreign Exchange (EMFX), as investors wrapped up 2024 with a long…
Barclays raises USD/INR forecast to 89.5 by end-2025
Barclays (LON:BARC) updated its forecast for the Indian Rupee, projecting a decline against the US Dollar to 89.5 by the end of 2025, adjusting from a previous target of 87.0.…
Morning Bid: Inflation relief and bumper bank earnings
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s best day of the year so far was rooted in inflation relief and a…
