Dollar falls to two-month lows; Fed minutes loom large By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar fell to a more than two-month low in early European trade Monday, adding to last week’s sharp losses on increased expectations that the Federal Reserve has completed its rate-hiking cycle. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six

Inflation to be major challenge to Australian economy for up to two years

[ad_1] Share: Reserve Bank of Australia (RBA) Governor Michele Bullock said on Tuesday that inflation will be the major challenge for the economy over the next two years. Key quotes “Underlying demand was fueling part of the inflation challenge, and it was not entirely a supply-driven issue.” “Says inflation is a crucial challenge

Will Bitcoin Have What it Takes to Break the $38k Mark?

[ad_1] BITCOIN, CRYPTO KEY POINTS: READ MORE: Oil Price Forecast: Recovery Continues as Expectations for OPEC Cuts Grow Bitcoin prices continue to hold the high ground but the $38k level remains a stumbling block. The rumors that an ETF approval would come by the November 17th failed to come to fruition with Bloomberg ETF analyst

BIDEN SAYS XI JINPING IS A “DICTATOR” HOURS AFTER MEETING WITH THE CHINESE LEADER – Market News – 20 November 2023

[ad_1] American president justified the comment: “He is a man who runs a communist country” After a four-hour meeting in San Francisco, California, the American president   Joe Biden   called the Chinese leader   Xi Jinping   in   “dictator” . For Biden,   “he is a dictator in the sense that he is a man who runs a country that is communist” . The American also said

NZD/JPY extends losses, as bulls struggle to gather momentum

[ad_1] Share: NZD/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI’s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair’s ascendancy above the 20, 100, 200-day SMA suggests bullish

XAU/USD Starts the Week Lower, FOMC Minutes Next

[ad_1] Gold, Silver Analysis Gold eases after last week’s advance – quieter week on the economic calendar FOMC minutes and reports of a new phase in the Israel-Hamas war present potential catalysts Silver encounters a challenge at channel resistance The analysis in this article makes use of chart patterns and key support and resistance levels.