Gold prices surged to a new six-month high on Tuesday, breaking the $2,060 an ounce level, as investors anticipated that the U.S. Federal Reserve would...
Gold ends 2023 on a high note, eyes further gains in January
Gold prices closed out 2023 above $2063 an ounce, as the Federal Reserve signaled that it would cut interest rates in 2024 to support the...
Rupee falls to two-week low amid global uncertainty
The Indian rupee slipped to its lowest level in two weeks on Wednesday, as investors remained cautious amid rising tensions between Russia and Ukraine, the...
Why the Japanese Yen Could Be the Most Interesting Currency in 2024
The Japanese yen is one of the most traded currencies in the world, behind the US dollar and the euro. It is also widely used...
US Dollar Weakens as Inflation Data Eases Pressure on Fed
The US dollar fell to its lowest level in five months on Friday, as the latest inflation data showed a slower-than-expected rise in consumer prices...
UK moves ahead with digital securities sandbox regulation
The UK government is preparing to introduce a new regulatory framework for testing and adopting digital securities in financial markets. The Digital Securities Sandbox (DSS)...
Yellen defends US economic recovery amid criticism
US Treasury Secretary Janet Yellen said on Tuesday that the US economy is on track to achieve full employment by next year, despite some economists’...
USD/JPY Slides Below 148.00 as US Data Disappoints
The USD/JPY pair extended its decline on Tuesday and dropped below the 148.00 level for the first time in two weeks. The pair was weighed...
NZD/USD remains above 0.6100 amid US data and RBNZ expectations
The NZD/USD pair has been trading above the 0.6100 level for the past two days, as the US dollar weakened after a mixed US jobs...
Silvergate Capital recovers from crypto meltdown and repays all depositors
Silvergate Capital, a bank that specialized in serving the crypto industry, has announced that it has fully repaid all its deposit liabilities after shutting down...
How Your Car Color Affects Your Wallet
You might have heard that red cars are more expensive to insure than other colors, but is that really true? The answer is no, according...
The Federal Reserve may have reached the end of its rate hike cycle, according to some experts. This could mean that the high savings rates...
AUD/USD Holds Steady as US Dollar Faces Pressure from Treasury Yields
The Australian Dollar has been trading in a narrow range against the US Dollar as the market awaits key economic data and central bank decisions....
BRICS Nations Dump US Treasuries Amid Rising Inflation and Interest Rates
In a sign of growing distrust in the US dollar and its debt, some of the world’s largest economies have been dumping their holdings of...
Time for Isa investors to hold fractional shares
Fractional shares are portions of a whole share that can be bought and sold on the stock market. They allow investors to own a part...
How to Retire early with the FIRE formula?
Many dream of early retirement and financial independence, and the Financial Independence/Retire Early (FIRE) movement offers a roadmap to achieve these goals. In this guide,...