Forex

Bitcoin declined on Tuesday, continuing its downward trend and leading broader cryptocurrency losses as risk sentiment worsened due to rising geopolitical tensions and uncertainty over U.S. interest rates. The drop was also driven by significant profit-taking after Bitcoin reached new highs above the $100,000 mark last week. Traders were seen…

Gold prices advanced in Asian trade on Tuesday, building on recent gains as escalating geopolitical tensions in Syria and a selloff on Wall Street drove demand for the safe-haven metal. Industrial Metals See Mixed Movement Copper prices stabilized on Tuesday after significant gains driven by promises of additional stimulus from…

Most Asian currencies edged higher on Tuesday, buoyed by optimism over potential stimulus measures from China, while the Australian dollar saw a sharp decline after the Reserve Bank of Australia (RBA) maintained its interest rates and adopted a less hawkish tone. Australian Dollar Weakens Following RBA Decision The Australian dollar…

The Australian dollar fell toward a four-month low on Tuesday after the Reserve Bank of Australia (RBA) softened its stance on monetary policy, fueling expectations of an earlier interest rate cut. The U.S. dollar remained stable against major currencies, edging to its strongest level this month against the yen, as…

The US dollar edged slightly lower on Monday, following last week’s jobs report, which pointed to a potential Federal Reserve rate cut later this month. However, losses were limited due to ongoing uncertainty in the Middle East. As of 04:00 ET (09:00 GMT), the Dollar Index, which measures the greenback…

European stock markets began the week on a positive note, with most major indices showing gains, despite a cautious mood among investors. As of 3:05 ET (8:05 GMT), Germany’s DAX rose by 0.3%, while France’s CAC 40 saw an increase of 0.8%. With no significant corporate earnings or economic data…

On Monday, the Canadian and Australian dollars were the focus ahead of their central bank meetings this week, while the euro and other major currencies continued to lose ground to the strengthening U.S. dollar. With market expectations of a near-certain quarter-point rate cut by the Federal Reserve next week, analysts…

Bitcoin edged lower on Monday, easing after a weekend rally as markets awaited further signals on crypto policy from incoming U.S. President Donald Trump. Concerns over potential distributions by the defunct Mt. Gox exchange also weighed on sentiment. Last week, a wallet linked to the exchange moved over $2 billion…

Gold prices inched higher in Asian trading on Monday, driven by geopolitical unrest in Syria and South Korea, which boosted safe-haven demand. However, gains were capped by the strength of the U.S. dollar. The yellow metal has shown limited movement in recent weeks, as heightened geopolitical tensions have been counterbalanced…

Mexico is making every effort to safeguard its regional trade agreement with the United States and Canada, according to the country’s Deputy Economy Minister, Luis Rosendo Gutierrez, in an interview published Friday. The three neighboring countries, key trading partners, are currently embroiled in a trade dispute after U.S. President-elect Donald…