High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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Marco Rubio, Secretary of State Politico is out with a very interesting report after it obtained a report showing guidance from new Secretary of State Marco Rubio. It says that — contrary to reports at the time — that yestrday’s executive order from Trump will cut off foreign aid to Ukraine. Secretary of State Marco
Gold February futures contracts at MCX opened slightly higher on Friday at Rs 79,880 per 10 gram, which is up by 0.32% or Rs 254 while silver March futures contracts were trading at Rs 91,790/kg, up by 0.7% or Rs 641. While gold prices have rallied by Rs 850/10 gram in this week, silver prices
Pound Sterling outperforms USD as Trump backs immediate rate cuts The Pound Sterling (GBP) jumps above 1.2400 against the US Dollar (USD) on Friday. The GBP/USD gains as the US Dollar is onset to end the week with the highest losses in almost two months. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps
Euro posted notable gains today as lifted by encouraging Eurozone PMI data that suggests the region is beginning the year on firmer footing. Private sector activity showed cautious growth, with reduced drag from manufacturing and moderate expansion in services. Most surprisingly, Germany, which struggled throughout 2024, returned to expansion. Sterling also gained on better PMI
Shoppers walk into a Burberry store at Fashion Valley, an upscale shopping mall on December 13, 2024 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Shares of Burberry jumped as much as 16% on Friday after the company reported a shallower-than-expected dip in sales in the fiscal third quarter, providing
The video above outlines the technicals in play for the 3 major currency pairs, the EURUSD, USDJPY and GPUSD. The BOJ did raise rates by 25 basis points to 0.50% as per expectations. A summary of the statement: The Bank of Japan (BOJ) decided to raise its policy rate by an 8-1 vote, with board
Meta’s Zuckerberg says: Meta is expected to spend $60 – $65 billion in This year versus previous guidance up 38 – $40 billion. The stock is moving lower in premarket trading on the news. The current prices down $9.43 or -1.48% at $627.25. Zuckerberg adds: Plans to grow Meta’s AI team significantly Company is building
Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping plans to boost U.S. production and demanded that OPEC move to lower crude prices. Brent crude futures gained 25 cents, or 0.3%, to $78.54 a barrel by 1147 GMT while U.S. West Texas Intermediate
EUR/USD gains ground to around 1.0450 in Friday’s early European session, adding 0.30% on the day. Trump said he will demand lower interest rates. ECB is expected to cut the deposit rate on January 30. The EUR/USD pair attracts some buyers to 1.0450 during the early Asian session on Friday, bolstered by the weakening of
The forex markets remain unusually quiet today, with Dollar staying soft despite multiple attempts to rebound. The greenback has only managed meaningful gains against the weaker Yen and the struggling Canadian Dollar, while failing to build momentum against other major currencies. With little in the way of significant economic data on the calendar today, trading
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington. Lindsey Wasson | Reuters Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly
S&P index closes at a new record level S&P index closed at a new record high. The broadest market index rose by 32.35 points or 0.53% to 6118.73. That took out the previous high close of 6099.97 from December 6. Yesterday, the index traded to a new intraday high of 6100.81 but close below the
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold prices edged higher and were on track for a fourth straight weekly gain on Friday, as uncertainty about U.S. President Donald Trump’s trade plans took wind out of the dollar’s sail, boosting demand for the safe-haven asset. FUNDAMENTALS * Spot gold edged up 0.2% to $2,760.40 per ounce, as of 0044 GMT and gained
United States (US) President Donald Trump ran through a long list of grievances while delivering his remarks during the World Economic Forum hosted in Davos, Switzerland on Thursday. President Trump reiterated his concerns that the US’ trade deficit with Canada, which amounts to 4% of the US’ total trade imbalance, is unsustainable. President Trump also
While Yen remains the worst performer of the week so far, it has stabilized as the markets await the highly anticipated BoJ rate hike in the upcoming Asian session. Expectations for this rate move were well set by comments from BoJ Governor Kazuo Ueda last week. Risks from US political developments—specifically tariff policies under President
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more
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