Asia FX firms, dollar hits 3-yr low as Trump calls for rate cuts amid Powell feud

Asia FX firms, dollar hits 3-yr low as Trump calls for rate cuts amid Powell feud
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Asia FX firms, dollar hits 3-yr low as Trump calls for rate cuts amid Powell feud
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Gold edges lower on Tuesday morning after rally in past two days reaching levels ticks away from new record high ($2531). Traders show hesitation, keeping the price in extended consolidation, but demand for yellow metal remains strong, mainly due to weaker dollar on Fed rate cut signals and growing geopolitical tensions in the Middle…
The Week Ahead – US Election to Shake Up the Market XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
According to media reports:→ The deal involves AMD supplying processors of various generations to support the deployment of artificial intelligence infrastructure with a total capacity of 6 gigawatts.→ The partnership is expected to generate billions in revenue for AMD starting in 2026.→ Barclays analysts have raised their price target for AMD shares from $200 to…
2025.05.30 2025.05.30 Pound Corrects Slightly As Ruling Against Trump Tariffs On Hold. Forecast as of 30.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of England has to keep the repo rate unchanged due to higher inflation in the UK compared to other countries. However, this factor will affect the GBPUSD pair differently than it did in 2024. What factors are…
USD/JPY hourly chart The pair fell off hard earlier in the week as the dollar was punished amid the de-escalation of the Iran-Israel conflict, adding to a dovish tilt from Fed’s Bowman here. It triggered a straightforward decline from 148.00 with the low touching around 144.50 in overnight trading. So far today, we’re seeing a…
Have you ever considered what would happen if AI was no longer just a futuristic concept from action movies but became a fundamental tool for various tasks and jobs? Imagine if it became a fundamental tool for multiple tasks and jobs. Suppose how the world, especially finance, would react if AI were used to operate…