The US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and …
Federal Reserve
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Traders’ confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with markets …
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BitcoinFeature
Bitcoin falls as Fed rate-cut hopes and ETF demand dim
by Aya El Sayedby Aya El SayedBitcoin experienced a drop of up to 5.3 per cent, trading at $66,920 as of 7:15 a.m. …
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CommoditiesFeatureFinancial InstitutionsInternational NewsMoneyNews
Gold prices surge over US rate-cut expectations
by Nada Aliby Nada AliGold prices surged on Thursday, heading for their largest monthly increase since November 2022 due to a …
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNewsunclassifiedURGENT
URGENT: No rush to cut policy rate – Fed board member
by M.S.Salamaby M.S.SalamaAccording to an official statement on the Fed’s website, Christopher J. Waller, a member of the Federal …
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Oil stabilised following its largest increase in a week, as OPEC+ plans to reaffirm production cuts amidst …
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Gold surged to a record high on Thursday as the Federal Reserve kept its projection of three …
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The yen hovered near a four-month low against the US dollar to reach 151.56 level with intervention …
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China’s central bank announced a reshuffle of its monetary policy committee (MPC), adding securities regulator head Wu …