Reserve Bank of India FX intervention to support the rupee
USD/INR has plunged, with the rupee up around 1% after the central bank of India intervened by selling USD/INR into the forex market. more to comeI’ve been posting in recent…
Read More »California judge backs up to 30-day Tesla cars sales suspension over Autopilot marketing
Tesla is facing renewed regulatory scrutiny in California after an administrative law judge ruled that the company engaged in deceptive marketing practices related to its Autopilot and Full Self-Driving (FSD)…
Read More »Gold drifts lower on profit-taking, traders await US NFP release
Gold price (XAU/USD) loses momentum below $4,300 during the early Asian trading hours on Tuesday, pressured by some profit-taking and weak long liquidation from the shorter-term futures traders. Furthermore, optimism…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.0444 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
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Get Signals & Mentorship by me Discord Link 👉 https://discord.gg/Cg2bfBbD8v …………………………………………………………………………………………………. BROKER I USE: TRADE SMART: https://tradesmart.com/?t=AWhR6h&term=register MetaTrader 5 For country select “OTHER” Gold Raw Account. Leverage is 1:500 Minimal…
Read More »FX Today: Hasset leaves the spotlight, weaker USD
The US Dollar Index (DXY) declined sharply following the Fed’s policy announcements last Wednesday and closed a third consecutive week in negative territory. Late Monday, the USD Index trimmed part…
Read More »Ukraine offers to drop NATO bid as Trump envoy sees progress in peace talks — Reuters
Ukraine’s President Volodymyr Zelenskiy offered to drop its long-held ambition of joining NATO as he held five hours of talks with US envoys in Berlin on Sunday to end the…
Read More »investingLive Americas FX news wrap 12 Dec Tech sector falls. Fed officials get to speak.
Stock Market Wrap-Up: Tech Sector Tumbles, Dow Hangs On WSJ: Trump leaning toward Kevin Warsh or Kevin Hassett to lead the Fed Crude oil settling lower by 0.28% European indices…
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