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Dash 2 Trade (D2T/USD) has exhibited remarkable tenacity, holding its ground near the $0.001 level despite facing intense selling pressure. Recent price action has consistently gravitated towards this level, solidifying its significance as a key support and resistance area for both buyers and sellers. While the market has experienced short-lived spikes in volatility, it has…
Philippines: BSP easing path stays open – DBS | FXStreet
DBS Group Research’s Radhika Rao highlights that Bangko Sentral ng Pilipinas cut its policy rate by 25bps to 4.25%, citing weaker-than-expected recovery, softer confidence and delayed government spending. Official growth forecasts for 2026–27 were lowered, inflation projections nudged higher, and DBS still expects one more 25bps cut as BSP keeps the door open to further…
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European indices close mostly higher on the day. Solid gains for the week. | investingLive
European indices are closing with modest gains for the day but solid gains for the week. Today’s gains were led by Italy’s FTSE MIB with a gain of 0.32%. A snapshot of the closing levels shows: German DAX, +0.25% France’s CAC +0.29% UK’s FTSE 100 +0.27% Spain’s Ibex +0.06% Italy’s FTSE MIB +0.32% For the…
Precious metals are hitting new all-time highs. The People’s Bank of China kept its lending rates unchanged
On Friday, the Dow Jones (US30) rose by 0.38% (for the week -0.95%), while the S&P 500 (US500) gained 0.88% (for the week -0.37%). The Nasdaq Technology Index (US100) closed 1.31% higher (for the week -0.03%). The US stock markets ended Friday with solid gains amid a triple-witching derivatives expiration. AI-related stocks showed signs of…
China’s exports surge 12.4% yoy in Mar, imports down -4.3% yoy – Action Forex
China’s exports jumped an impressive 12.4% yoy to USD 313.9B in March, significantly beating expectations of 4.4% yoy and marking a sharp acceleration from the 2.3% yoy growth recorded in January-February. Particularly notable was the 9.18% yoy rise in shipments to the US, likely due to front-loading ahead of tariff tensions. Exports to ASEAN also…
