2024-11-22 | Current Affairs
Gold is on track for its biggest weekly gain in nearly eight months, driven by escalating global tensions after Russia lowered its threshold for nuclear weapon usage and launched a hypersonic missile at Ukraine
2024-11-19 | Current Affairs
The Japanese yen found some relief on Tuesday, strengthening to 154.40 per dollar after a recent slide, as the U.S. dollar pulled back from its one-year high amid profit-taking. The yen rose 0.2% in early trading, recovering from losses following Bank of Japan (BOJ) Governor Kazuo Ueda’s speech, which offered no new insights on a potential rate hike in December.
2024-11-14 | Market Dive
Donald Trump has been re-elected as the 47th president of the United States, securing 312 electoral votes against Kamala Harris, who received 226. With a new term in office, Trump’s policies are expected to shape the financial markets and the global economy in significant ways. Investors should pay close attention to his stance on tariffs, […]
2024-11-06 | Current Affairs
The Mexican peso dropped sharply against the U.S. dollar as results from the U.S. presidential election began to emerge, deepening the volatility that has recently impacted the currency. On Tuesday evening, the peso fell to as low as 20.5260 per dollar, down over 2% from its previous close and hitting its lowest level since September 2022.
2024-10-01 | Current Affairs
The U.S. dollar strengthened against major currencies on Tuesday after Federal Reserve Chair Jerome Powell pushed back against expectations of more significant interest rate cuts.
2024-09-24 | Current Affairs
The Australian dollar remained close to its highest point of 2024 on Tuesday, as traders awaited the Reserve Bank of Australia’s (RBA) decision, with expectations that it will keep interest rates unchanged. Investors are looking for any signs of potential easing in the near future.
2024-09-11 | Current Affairs
The U.S. dollar declined against several major currencies on Tuesday as markets prepared for key inflation data and a much-anticipated U.S. presidential debate. Despite these events, analysts believe neither outcome is likely to significantly alter the current direction of monetary policy.
2024-08-16 | Current Affairs
In Russia, a noticeable silence has emerged regarding any connection between the recent decline of the rouble and the Ukrainian attack on the Kursk region.
2024-08-02 | Current Affairs
The Japanese yen and Swiss franc have risen to multi-month highs against the dollar following a sharp decline in U.S. manufacturing, which has stoked fears of an economic downturn and led to widespread losses in stocks and bonds.
2024-07-18 | Current Affairs
On Thursday, the Japanese yen reached a six-week high, fueling speculation about possible government intervention. This development comes as the dollar faces widespread declines in anticipation of potential U.S. interest rate cuts in the coming months.
