Author: Nontobeko Mlotshwa
The US dollar currency index (DXY) experienced a notable decline, hitting a four-month low following the latest decision on interest rates by the Federal Reserve. Despite maintaining the federal funds…
The Federal Reserve's recent decision to maintain its key fed funds target range between 5.25% to 5.50% aligned with expectations. Fed Chair Jerome Powell's reassuring stance hinted at a halt…
The trajectory of WTI Crude Oil Futures (NYMEX: CL) has taken a stark turn, encapsulating a narrative of decline since surpassing the pivotal $70.00 mark. This descent, spanning seven consecutive…
The Nasdaq 100 Index (CME: NQ) demonstrates resilience, trading flat ahead of the Federal Reserve’s pivotal interest rate decision. Positive market momentum has lingered with four consecutive days of gains…
As Wednesday unfolds, the USDZAR currency pair takes a decisive lead, propelled by the latest revelations in inflation data from both the US and South Africa. In the United States,…
The EURGBP currency pair is currently navigating a compelling trajectory, propelled by a surge of nearly 50 basis points week-to-date. This surge marks a second consecutive week of positive…
As the Wednesday session kicked off, the gold spot price (XAUUSD) maintained its steadiness at approximately $1,980 per ounce, creating an atmosphere of anticipation in the lead-up to the Federal…