FOMC Minutes could add to the Dollar’s momentum
The Minutes of the Fed’s November 7 gathering will come later. The Committees’ view of a potential move in December takes centre stage. The US Dollar Index remains close to…
Geopolitics: Israel government has reservations about details of agreement on ceasefire
Al Jezeera is reporting that Israel government has reservations about some details of the agreement of the Israeli Lebanon cease-fire. In other the geopolitical war news: Germany's defense minister Pitorius…
Gold closes week above $2,700, US PCE data in Focus
Gold prices rally 1.50% on Friday, boosted by a decrease in US 10-year Treasury yields to 4.40%. Escalating geopolitical concerns, including potential expansion of the Russia-Ukraine conflict, fuel demand for…
Fed: U.S. government fiscal sustainability tops the list of financial system risks
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…
AUD/USD bounces back to near 0.6500 as USD gives up majority of gains
AUD/USD rebounds to near 0.6500 but the outlook remains bearish. Trump’s economic agenda is expected to boost US inflation and economic growth. A fresh escalation in the Russia-Ukraine war has…
GMT DAO Launches Groundbreaking Burn Initiative with a Target of Up to 600 Million GMT
The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly…
Pullback can extend to 153.20 – UOB Group
Pullback in the US Dollar (USD) could extend to 153.20, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. No change of the ‘strong resistance’ level at…
Web3 Gaming Trailblazer Big Time Studios Announces $OL Token for the OpenLoot Platform
Big Time Studios, a Web3 gaming trailblazer and creator of the Open Loot platform and hit game Big Time, which has already processed a half billion dollars in total transaction…