Asia FX dips as Fed doubts linger; rupee bounces off record lows on RBI support

Asia FX dips as Fed doubts linger; rupee bounces off record lows on RBI support
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Asia FX dips as Fed doubts linger; rupee bounces off record lows on RBI support
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By Jody Godoy (Reuters) – Apple (NASDAQ:) could be the winner after Alphabet (NASDAQ:)’s Google lost its fight with the U.S. antitrust enforcers earlier this week, with a ruling that supports the iPhone maker’s defense in its own antitrust court battle with U.S. prosecutors, legal experts said. A federal judge mostly sided with state and…
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The British pound continues to lose ground and is down for a fourth straight trading day. In the North American session, GBP/USD is trading at 1.2709, down 0.18% on the day. Earlier, the pound dropped below the 1.27 line for the first time since Aug. 8. US CPI rises to 2.6% US inflation has been…
Two Brokers, One Brand, But Why? Starting off our weekly news update is an interesting case of two brokers fighting for the same brand. Offshore broker BCS Markets (formerly BCS Forex), a part of the Russian financial conglomerate BrokerCreditService and a sister brand of the Russian-licensed forex dealer BCS-Forex, appeared to have rebranded itself as…
MARKET REPORT(Unburdened by what has been) – 1987 Day in Review: Today:(Kamalanomics): DATA: – Dovish BoJ Uchida – Strong Kiwi Jobs data – Larger EIA crude draw than expected – VIX pushed higher today – Rate-cut expectations dropped for 2025 but were flat for 2024COMPANIES: – Meta Platforms (-1.05%) is selling $10.5 billion of investment-grade…
The Buzz You Cannot Ignore If you have been hunting for the ultimate entertainment trend list, you just landed in the right place. I have been watching the media and entertainment industry like a hawk, and honestly, the pace of change feels wild. Every week, new platforms pop up, new video formats appear, and audiences…