Markets Its going from bad to worse with the EMU economy. According to the Flash PMI, activity contracted in September for the first time since February. The headline composite index slipped from 51 to 48.9 , substantially below the 50.5 expected. Germany fell further in contraction territory (47.2 from 48.4). Activity in France is deflating […]
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Gold prices soared to a new all-time high, with the troy ounce surpassing 2614 USD. This surge is primarily driven by expectations of additional interest rate cuts and ongoing geopolitical tensions, which enhance gold’s appeal Read more…
AUDJPY pauses recovery phase around 50-day SMA Risk skewed to the upside; major resistance near 100 RBA policy announcement due on Tuesday at 04:30 GMT AUDJPY has been pushing for a close above its 50-day Read more…
The Australian dollar has started the week with gains. AUD/USD touched a high of 0.6850, its highest level this year. In the North American session, the Australian dollar is trading at 0.6842, up 0.51% on Read more…