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The forex market has turned subdued as the US Thanksgiving holiday curbs activity, but overall trends have held steady. Yen continues to outperform, supported by the ongoing decline in US and European benchmark yields, maintaining its position as the strongest currency this week so far . Euro is the second strongest, showing signs of gaining

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Written by , ETMarkets.com| Nov 27, 2024, 08:01:58 PM IST 1/6 Stock Ideas Indian headline indices ended in the green on Wednesday after a day’s break driven by banks and auto stocks, with HDFC Bank being a major driver. While the S&P BSE Sensex settled at 80,234.08, up by 230.02 points or 0.29%, the broader Nifty

Yen is asserting dominance in today’s markets, benefiting from notable decline in US and European benchmark treasury yields. US 10-year yield, in particular, is seeing a renewed drop, which is gaining momentum alongside the weakening USD/JPY. This raises the risks that both could be reversing their rallies that began in mid-September. However, with reduced liquidity

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Written by , ETMarkets.com| Nov 26, 2024, 07:40:31 PM IST 1/6 Top Performers On Tuesday, the Sensex, the benchmark index, dropped by 106 points, closing at 80,004. Despite this decline, five stocks from the BSE 200 index reached their 52-week highs. A 52-week high reflects the highest price a stock has achieved in the past year,

Dollar is losing some ground as markets enter into US session, as the initial support from US President-elect Donald Trump’s tariff announcement dissipated. Although the greenback softened broadly, it is still holding onto gains against Loonie and Aussie, with traders as Trump’s tariffs are targeting Canada, China, alongside Mexico. Market focus now turns to FOMC

Gold (XAU/USD) hourly chart The drop this week sees price take a tumble from $2,700 with the low earlier touching $2,605. That was held by the 38.2 Fib retracement level of the swing higher since the middle of November, seen at around $2,607 currently. That led to a slight bounce with price action then weaving

Gold December futures contracts at MCX opened flat today at Rs 75,402 per 10 gram, which is up by 0.12% or Rs 91 while silver December futures contracts were trading at Rs 88,074/kg, up by 0.43% or Rs 375. Gold prices fell sharply, tumbling by Rs 2,200/ 10 grams in the last 2 days while

Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his pragmatic approach has been perceived as a stabilizing factor. He advocates for tariffs to be introduced “gradually” and supports tax

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Written by , ETMarkets.com| Nov 25, 2024, 08:11:40 PM IST 1/6 On A Roll! On Monday, equity benchmark index Sensex rose by 993 points, closing at 80,109. During this rally, five stocks from the BSE Financial Services index hit their 52-week highs. A 52-week high represents the highest price a stock has reached in the past

Dollar remains under pressure as the market heads into the US session, with selling momentum picks up slightly alongside a continued decline in Treasury yields. US stock futures are staging a robust rally, reflecting optimism over President-elect Donald Trump’s selection of Scott Bessent as Treasury Secretary. Bessent is viewed as a safe choice for implementing

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices ticked higher on Monday, nearing a three-week high, supported by a weaker U.S. dollar and safe-haven demand amid rising geopolitical tensions, as investors awaited more data to gauge the U.S. Federal Reserve‘s policy outlook. FUNDAMENTALS * Spot gold rose 0.2% to $2,719.19 per ounce as of 0014 GMT and was set for its

UPCOMING EVENTS: Monday: PBoC MLF, German IFO. Tuesday: US Consumer Confidence, FOMC Minutes. Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q3 GDP 2nd Estimate, US PCE, US Durable Goods, US Jobless Claims. Thursday: German CPI. (US Holiday) Friday: Tokyo CPI, Japan Unemployment Rate, France CPI, Switzerland Q3 GDP, Eurozone CPI, Canada GDP. Tuesday The

Written by , ETMarkets.com| Nov 24, 2024, 03:45:45 PM IST 1/6 Stock Ideas Indian markets rebounded with a gusto on Friday helped by buying trends across sectors with IT and bank heavyweights along with Reliance Industries (RIL) simultaneously throwing their weights around. While the S&P BSE Sensex settled at 79,117.11, up by 1961.32 points or 2.54%,

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not