Trading news
View all trading news-
21 minutes ago
US Dollar Index approaches 100 as Taiwan Dollar surge triggers spillover, Bessent words
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, posted mild gains on Monday as the Taiwan Dollar surged over 5%. The move sparked a broader rally in Asian currencies amid speculation of FX conversions by exporters.
-
37 minutes ago
Silver Price Forecast: XAG/USD rises past $33.00 on weak US Dollar
Silver's price advanced close to 1% on Monday, as the US Dollar (USD) remains pressured due to US President Donald Trump's tariffs and appetite for the haven’s appeal of precious metals like Gold and the grey metal.
-
1 hour ago
Gold price surges above $3,300 as US Dollar sinks, traders eye Fed meeting
Gold (XAU/USD) prices jumped over 2%, or more than $70, on Monday as the Greenback was battered, although positive economic data from the United States (US) suggests the economy remains solid. XAU/USD trades at $3,309 after bouncing off daily lows of $3,237.
-
1 hour ago
Dow Jones Industrial Average continues cautious climb, bolstered by PMI beat
The Dow Jones Industrial Average (DJIA) rose another 100 points on Monday, extending the ongoing equity recovery even as investor sentiment continues to churn in the face of constantly changing trade policies from the US administration.