Most Asian currencies held a narrow range on Friday, while the dollar extended recent losses as mark...
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2025-10-17
The US budget deficit narrowed slightly in fiscal year 2025, driven by record revenue from tariffs,...
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2025-10-17
Currency charts are an essential tool for understanding price movement and analyzing market trends....
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2025-10-16
ANZ Bank expects gold prices to rise to $4,400 per ounce by the end of this year, driven by rising e...
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2025-10-16
Cryptocurrencies were mixed during Thursday's trading, with Bitcoin declining due to escalating trad...
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2025-10-16
Gold prices rose to a new record high during Thursday's trading, as investors sought safe havens ami...
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2025-10-16
The US budget deficit narrowed slightly in fiscal year 2025, driven by record revenue from tariffs, although borrowing remains at a historically high rate, despite the economy expanding and financial stability. According to US Treasury Department data released Thursday, the deficit in fiscal year 2025 was approximately $1.78 trillion, compared to $1.82 trillion in 2024, a 2% decrease. This figure is largely in line with the Congressional Budget Office's estimates released last week
2025-10-17
Currency charts are an essential tool for understanding price movement and analyzing market trends. Japanese candlesticks are the most commonly used, as each candle shows the opening, closing, high, and low prices over a specific period of time. A green candle indicates an uptrend and a red candle indicates a downtrend. By analyzing trends and technical indicators, traders can more accurately identify market conditions and potential trading opportunities
2025-10-16
ANZ Bank expects gold prices to rise to $4,400 per ounce by the end of this year, driven by rising economic and financial risks, in addition to expectations of a Federal Reserve interest rate cut. The Australian bank indicated, according to Reuters, that the yellow metal could peak near $4,600 by June 2026, before gradually declining during the second half of next year. However, the bank's analysts warned of potential risks that could drive prices sharply lower, including monetary policy tightening by the Federal Reserve or a sudden US economic growth, with the likelihood of a correction increasing. The bank added: "With gold's gains exceeding 60% since the beginning of this year above $4,200 per ounce, the rally remains strong and shows no signs of losing momentum
2025-10-16
Brent crude futures rose 1.1 percent to $62.61 a barrel after US President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi had pledged to stop buying oil from Russia. Trump said he would seek to persuade China to take a similar step, as Washington intensifies its efforts to cut off Moscow's energy revenues.
2025-10-16
US Treasury Secretary Scott Besant said that the only obstacle facing US economic growth and the Trump administration is the ongoing government shutdown. He noted that he had seen data showing that the shutdown is costing the economy $15 billion a day, and the secretary placed the blame squarely on the Democratic leadership in the Senate
2025-10-15
The US dollar retreated on Wednesday, giving up some of its recent gains after Federal Reserve Chairman Jerome Powell's comments reinforced bets on interest rate cuts, while the euro found support. The dollar index, which tracks the greenback's performance against a basket of six other currencies, fell 0.3% to 98.5450, after gaining more than 2% over the past month
2025-10-15
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