© Reuters. The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve’s dovish comments that signaled potential rate cuts in the future. This shift in stance by the Fed has provided a boost to emerging market currencies, with the rand climbing 0.5% to 18.4994 against the dollar by 0951 GMT.
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.60 so far on Wednesday. لینک منبع : هوشمند نیوز
Share: AUD/USD attracts some buyers to 0.6648 on the weaker USD. Fed’s Waller said interest rates don’t have to go higher to help get inflation back to 2%. RBA Governor Bullock said the central bank has to be cautious when using rates to bring down inflation without raising unemployment. The Australian CPI, US
Share: GBP/USD Forecast: Bulls maintain the pressure, aim for 1.2700 and beyond The British Pound retains its strength against the US Dollar, with GBP/USD comfortably trading above the 1.2600 threshold after peaking on Monday at 1.2644, its highest since last August. On the one hand, the GBP benefited from hawkish comments from Bank
© Reuters. In recent currency market movements, the US dollar has softened, touching its lowest point for November. The Bloomberg Dollar Spot Index (BBDXY), which tracks the greenback against a basket of other major currencies, has descended to a nadir for the month. The Japanese yen, on the other hand, has seen appreciation amid market
Share: GBP/USD stays in green territory, though under pressure as sentiment shifts sour. The US Dollar Index erases earlier gains, cushioning the Pound Sterling advance. BoE’s Bailey: Inflation is down due to energy prices falling; monetary and fiscal policy would do the rest of the job. GBP/USD climbed above the 1.2600 figure during
Currency traders have seen the Euro maintain a bullish stance against the US Dollar today, as it continues to target the 1.1000 mark, finding support at the 1.0900 level. However, the European currency has experienced a downturn against the British Pound, reaching a two-week low. Investor sentiment has been influenced by shifting expectations around the
Share: Mexican Peso extends its rally, capitalizing on a weaker USD. Mexico’s GDP growth aligns with expectations and might refrain Banxico’s officials from easing monetary policy. Mixed US economic data, with improving business activity but a downturn in Manufacturing PMI, weighed on the USD/MXN pair. Mexican Peso (MXN) is set to finish the
© Reuters. The New Zealand dollar (NZD) saw an uptick today, approaching a key resistance level as global markets reacted to a mix of economic signals and political changes. The currency edged closer to the 200-day Simple Moving Average (SMA) benchmark of 0.6100, buoyed by a decline in oil prices and the formation of a
The major US indices are closing mixed on the day with the Dow leading the way higher. The broader S&P is little changed, while the tech-heavy Nasdaq is down marginally. The final numbers are showing: Dow Industrial Average is up 117.12 points or 0.33% at 35390.14 S&P is up 2.70 points or 0.06% at 4559.33
