The forex market is holding its breath. Across Asia, currency traders are navigating a complex web of signals: a hesitant Federal Reserve, persistent...
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Maroc - FINANCIALMIRROR.COM - A La Une - 22/Jan 13:43
Silver (XAGUSD) reclaimed a more-than-a-month high of $30.95 in Wednesday’s European session, with the white metal strengthening as the US Dollar extends its downside due to less-fearful tariff plans announced by President Donald Trump in his first two days of administration. The DXY Dollar Index, which tracks the greenback’s value against six major currencies, refreshed a two-week low at 107.80. The lower US Dollar makes the Silver price inexpensive for investors, while the 10-year US Treasury yields tick lower to near 4.57%. Trump announced 25% tariffs on Mexico and Canada and is discussing 10% tariffs on China from February 1.
The forex market is holding its breath. Across Asia, currency traders are navigating a complex web of signals: a hesitant Federal Reserve, persistent...
KUALA LUMPUR: The ringgit opened higher against the US dollar and a basket of major currencies, buoyed by expectations of US interest rate cuts as...
US stocks have closed lower as investors awaited a speech from the Federal Reserve chair.
With BRICS exploring local currencies and a common alternative, the dominance of the US dollar faces unprecedented challenges.
With BRICS exploring local currencies and a common alternative, the dominance of the US dollar faces unprecedented challenges.
The U.S. dollar continued its slide against the colón yesterday, closing at ₡493.47 in the Monex market, marking the lowest level in nearly two...
The United States announced on Wednesday that it will extend tariff...
The United States announced on Wednesday that it will extend tariff...
President Vladimir Putin’s recent two-day visit to India marked a critical juncture in the ongoing de-dollarisation campaign, highlighting...
President Vladimir Putin’s recent two-day visit to India marked a critical juncture in the ongoing de-dollarisation campaign, highlighting...