The major US stock indices traded above and below unchanged today in up-and-down trading, but each of the indices is ending the day in the red. A snapshot of the closing levels shows: Dow industrial average -106.60 points or -0.31% at 3393.83 S&P index -9.96 points or -0.23% at 4320.05 NASDAQ index -12.19 points or
2/2 © Reuters. FILE PHOTO: Thai baht notes are seen at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha/File Photo 2/2 BANGKOK (Reuters) – Thailand’s central bank is monitoring the weak baht, which is not entirely bad for the economy and could help the key export and tourism sectors, the prime minister said
Share: Next week, markets will continue to digest the outcomes of recent central bank meetings. Additionally, market participants will closely monitor the release of economic data, with a particular focus on inflation figures from the Eurozone and the US Core Personal Consumption Expenditure (PCE) index. Here is what you need to know for
The NZD and the AUD are ending the day as the strongest of the major currencies. The JPY is the weakest. The latest central bank decision came before the US open, when the Bank of Japan in The rates unchanged but did say that they would consider easy policy exit 1 achievement 2% inflation is
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© Reuters. On Friday, the yen fell sharply against the dollar, trading at 148.31, following the Bank of Japan’s decision to keep interest rates in negative territory. This move indicates that the bank is not in a hurry to wind down its large-scale stimulus program. Concurrently, the dollar rose by 0.2%, marking its 10th successive
Share: AUD/USD is up 0.51%, benefiting from the overall weakness of US Dollar. Despite hawkish remarks from various Fed officials, the US Dollar remains subdued, with the DXY showing modest gains at 105.55. Solid PMIs in Australia and considerations of rate hikes by the RBA support the AUD. Key economic data scheduled for
BoE and SNB left interest rates on hold, against expectations for additional tightening in both the UK and Switzerland. Both central banks maintained a tightening bias, but the BoE in particular is now expected to peak much earlier than thought just a couple of months ago. HFM · Central Banks Hold Steady: BoE, SNB, and
WTI crude oil futures settle at $90.03, up $0.40 or 0.43%. The high for the day reached $91.33. The low was at $89.31. WTI crude oil trades between retracement levels Brent crude prices settled at $93.27 down $0.03 or -0.03% For the trading week, the price of crude oil is down marginally by -0.58%. Looking
My Journey I have always been passionate about the world of finance and trading. When I first started exploring the world of forex, I was struck by how difficult it can be for the average person to navigate. There is so much information out there, and it can be overwhelming to try and make sense
