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“My husband, daughter, son-in-law and I all went to the bank.”
There is room for Pound Sterling (GBP) to test 1.3435; the major support at 1.3400 is not expected to come under threat. In the longer run, downside risk appears to be building, but any GBP weakness is likely part of a lower range of 1.3400/1.3535, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Major support at 1.3400 is not expected to come under threat24-HOUR VIEW: “We expected GBP to ‘trade in a range between 1.3470 and 1.3535’ yesterday. Our view was incorrect as GBP dropped to a low of 1.3456. Despite the decline, downward momentum only built…
Half of the index is exposed in Taiwan and China.
The Japanese Yen (JPY) is modestly stronger against the dollar, outperforming most G10 peers as Japanese bond yields pause their recent rise. With momentum neutral and services PMI offering only modest growth, USD/JPY remains confined to a broad 154.50-158 trading range, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/JPY remains range-bound between 154.50-158″The yen is entering Wednesday’s NA session with a fractional 0.1% gain vs. the USD as it outperforms nearly all of the G10 currencies in overall quiet trade. Japan’s final services PMI offered little change from the preliminaries, printing 51.6 to offer a modest level…
“I am retired, and my wife is an employed physician. She is 56 and would like to retire as well.”
As we step into 2026, the silver market is capturing global attention like never before. After surging more than 150 percent in 2025, prices are hovering around USD 73 per ounce in early January. What investors are now witnessing is not a typical cyclical rally, but what increasingly resembles a fundamental repricing of silver as both an industrial necessity and a monetary metal. At BullionStar, we have long advocated physical precious metals as a cornerstone of wealth preservation. The current dynamics in silver highlight precisely why ownership of real, deliverable metal matters more than ever. In this post, we examine…
The Australian Bureau of Statistics (ABS) will publish the Consumer Price Index (CPI) data for November at 00:30 GMT on Wednesday.This is the second complete monthly CPI report, as the government continues to transition from the quarterly CPI to the monthly gauge as the primary measure of headline inflation.“However, the RBA has said it still prefers the quarterly prints for a better gauge of inflation trends, given the new data can be volatile,” according to Reuters.The inflation report is eagerly awaited to gauge the next interest rate move by the Reserve Bank of Australia (RBA), which could significantly impact the…
The stock market showed little reaction to President Donald Trump’s extraordinary action in Venezuela as investors bet the attack, as well as the capture of leader Nicolas Maduro, would not lead to a bigger geopolitical conflict. The Dow Jones Industrial Average rallied 343 points, or 0.7%. The S&P 500 and Nasdaq Composite rose Monday, up 0.6% and 0.8%, respectively. The oil market rose just modestly, and energy stocks helped lift the market, as traders bet the takeover of Venezuela, which has the world’s largest proven oil reserves, will benefit oil and gas companies. Chevron, which already has an established presence…
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0173 compared to the previous day’s fix of 7.0230 and 6.9730 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese…
A sudden flurry of bets were made on Nicolas Maduro not making it to the Jan. 31 as leader of Venezuela.