Bank of England cuts rates by 0.25%, boosting GBP The Bank of England's team has a reputation for precise and rather clever calculations. On November 7th, the regulator made the expected move to reduce the interest rate by 25 basis points. This...
•••XAU/USD Market Analysis: Investor Sentiment and Technical Insights November 14,2024••• Gold (XAU/USD) is experiencing some price pressure today, trading between 2540.62 (sell price) and 2541.44 (buy price). This narrow price range indicates a...
US dollar dips briefly as Fed cuts interest rates again The US dollar has faced another reason for turbulence. On November 7, the Federal Reserve approved its second consecutive cut in the benchmark interest rate. This time, the cut was limited to...
The USD/JPY currency pair, currently around 156.112, has been showing a bearish trend. This level reflects a significant exchange rate and indicates that while the Japanese yen is weaker relative to the U.S. dollar, there could be a shift in the...
Amazon shares hit new high Amazon’s stock is back in the game! According to Bloomberg, on November 6th, Amazon shares reached a record high. This confirmed the fact that big tech companies are still a favorite among investors. Stocks of Amazon, a...
