Silver price plummeted on Friday as financial market turmoil continued for the third straight day, following US President Donald Trump's decision to impose reciprocal tariffs. Consequently, China retaliated, sparking fears of a global economic slowdown...
Posts published in “Asides”
The AUD/USD pair crumbled below key psychological support during Friday’s American session, sliding toward the 0.6050 region and marking its lowest level in five years...
Gold (XAU) price extended its losses on Friday and plunged to a seven-day low of $3,015 before recovering some ground, following a speech by Federal Reserve (Fed) Chair Jerome Powell, which indicated that inflation could reaccelerate due to tariffs. XAU/USD trades at $3,029, down 2.70%...
The AUD/JPY pair tumbled aggressively on Friday, retreating toward the 88.60 area after shedding over 4% during the day. The move represents one of the steepest intraday declines in recent sessions, dragging the pair away from the recent highs and into a mid-range zone between 87.41 and 92.64...
Fiscal deterioration and weaker debt sustainability pose economic challenges, while 10% US tariffs on UK exports alongside 25% on steel and aluminium harm UK growth...
U.S. payrolls rose by 228K in March, beating forecasts. Strong hiring in health care and transport supports a bullish short-term equities outlook...
Walmart’s big pay bump for its store managers is paying off, according to U.S. CEO John Furner.Read more...
Despite taking a hit earlier in the day from weak deliveries, Tesla (TSLA) stock is now soaring as Elon Musk’s time in the federal government appears to be nearing an end. Read more...
The Unemployment Rate in Canada edged higher to 6.7% in March from 6.6% in February, Statistics Canada reported on Friday. This reading came in line with the market expectation...
EUR/USD recovers a majority of intraday losses and rebounds to near 1.1040 during North American trading hours on Friday. The major currency pair rebounds as the US Dollar (USD) gives up the recovery move seen earlier in the day...