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Strong Thai baht hitting exporters and tourism, says central bank By Reuters
BANGKOK (Reuters) -A rapid appreciation of the Thai baht is hitting exporters and tourism spending, the central bank said on Monday, adding that the currency was gaining due to a weak dollar in the face of stronger regional currencies like the Yuan and Yen. The baht hit its highest level in 31 months on Monday,…
Bid Vs. Ask: How To Read Quotes And Lower Trading Costs
Do bid and ask prices in forex confuse you? Not sure why your trades start negative right out of the gate? You’re not alone. When I started my trading journey over 20 years ago, the idea of two separate prices for a market was puzzling, to say the least. The good news is that you’re…
Oscar Winners 2026 Films and Stars That Dominated the Night
The Oscar Winners 2026 delivered a night packed with surprises, emotional speeches, and unforgettable victories. The 98th Academy Awards celebrated filmmaking excellence across many categories, from best picture to documentary feature. Fans across major cities followed the ceremony closely as the biggest names in Hollywood walked the stage and joined the long history of academy…
RBA Slashed Rates by 0.25% as Expected But Remained Cautious About Future Easing
The Reserve Bank of Australia (RBA) lowered its benchmark interest rate by 25 basis points to 4.10%, marking its first rate cut since late 2020 as inflation shows signs of moderating more quickly than anticipated. The central bank, however, struck a cautious tone about future policy easing. Although the official statement emphasized that monetary policy…
Volkswagen nears deal with unions to keep car plants open, Bloomberg says By Reuters – Forex Trader Hub
BERLIN (Reuters) – Volkswagen (ETR:) and labour unions are nearing an agreement to restructure the brand without closing factories in Germany, Bloomberg reported on Thursday, citing people familiar with the matter. The management is willing to keep plants running and restore job security agreements until 2030 in exchange for workers foregoing bonus payments, the sources…
USD/JPY Price Forecast: Rebounds above 153.00 as buyers stepped in | FXStreet
The USD/JPY stages a recovery on Friday with buyers claiming 153.00, an indication that the uptrend might resume in the short term. The 100-pip or 0.68% Thursday’s loss was offset by traders buying the US Dollar due to its close correlation with the US 10-year Treasury note yield, which was steady during the trading day….
