Analysis

GBP/USD extends its losses following the Bank of England‘s (BoE) decision to deliver a broadly expected 25-basis point rate cut at its August meeting held

West Texas Intermediate (WTI) crude Oil price inches higher to near $76.50 per barrel during Friday’s Asian session.

EUR/USD retraces its recent losses from the previous session, trading around 1.0800 during the Asian hours on Friday.

The USD/JPY descended on Thursday trading, breaking below the 150.00 psychological figure and achieving a daily close below the latter for the first time s

The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank

GBP/USD heads for 1.2700 after slumping to a one-month low. The BoE cut rates as expected, easing the GBP lower. US data sparked fresh fears of a recession

Intel on Thursday suspended its dividend and said it expected a loss in the third quarter after reporting Q2 results that fell short of estimates amid marg

The Federal Reserve is widely expected to deliver its first rate cut next month and followed it up by cutting again in December to ensure the economy remai

Gold price edges lower during the North American session after hitting a daily low and high of $2,430 and $2,462, respectively, amid a stronger US Dollar.

Gold price (XAU/USD) edges lower after posting an almost two-week high at $2,458.50 in Thursday’s European session.

Silver price (XAG/USD) falls sharply to near $28.70 in Thursday’s European session after posting a fresh weekly high at $29.16.

Shares of BMW (ETR:BMWG) were down on Thursday after its second quarter results were largely in line with expectations for auto EBIT, but fell short on fre

The USD/CHF pair hovers near more than four-month low around 0.8750 in Thursday’s European trading hours.

Meta Platforms (NASDAQ:META) exceeded market expectations for its second-quarter revenue on Wednesday and provided an optimistic sales forecast for the thi

EUR/USD falls sharply as the US Dollar bounces back strongly.

The number of Americans filing new jobless claims rose to an 11-month high, indicating a slight weakening in the labor market, with claims affected by seas

Global hedge funds have reduced their exposure to Chinese equities to the lowest level in five years while significantly increasing their investments in Ja

US citizens that applied for unemployment insurance benefits increased by 249K in the week ending July 27 according to the US Department of Labor (DoL) on

U.S. progressive groups and Senator Elizabeth Warren urge the Department of Justice to investigate Nvidia's market dominance in AI chips.

The GBP/USD pair struggles to capitalize on the previous day's post-FOMC positive move and oscillates in a narrow trading band during the Asian session on