The price of gold surged to $2,378 on Thursday, but then retreated slightly after the US Bureau of Labor Statistics (BLS) released positive employment data. This data is typically seen as negative for gold prices, as it suggests a strengthening...
AUD/USD Drops to Around 0.6580 in Early Asian Trading: Early on Friday in the Asian trading session, the Australian Dollar (AUD) fell against the US Dollar (USD), with the exchange rate settling near 0.6585. Several important factors influenced this...
The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...
The GBP/USD currency pair has shown remarkable strength recently, capturing the attention of traders and analysts alike. Over the past month, the pair has demonstrated a consistent upward trajectory, culminating in a new two-month high. This...
THE MONEY MARKET STOCK EXCHANGE The money market and stock exchange are two vital components of the financial system, often confused with each other. Here are the differences: Money Market: - Short-term focus: Instruments have short maturities,...