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Gold (XAU/USD) trades on the back foot on Wednesday after surging to a fresh all-time high near $4,526 earlier in the day. Volatility picked up amid thin holiday liquidity ahead of Christmas, encouraging mild profit-taking at elevated levels. At the time of writing, XAU/USD trades around $4,470, up nearly 3% this week.Bullion’s historic rally this year has been nothing short of remarkable, with prices up more than 70% year to date, putting Gold on track for its strongest annual performance since 1979. The rally has been driven by strong safe-haven demand amid persistent geopolitical risks and economic uncertainties, as well…
Nvidia has entered into a nonexclusive licensing agreement with AI-chip maker Groq, and will acquire some of the startup’s executive team.
The Canadian Dollar (CAD) holds modest gains against the US Dollar (USD) on Wednesday, even as the Greenback trades firm amid limited movement as markets drift into holiday mode. At the time of writing, USD/CAD is trading around 1.3675, hovering near its lowest level since July 25.Gross Domestic Product (GDP) data released on Tuesday did little to shift sentiment around USD/CAD. Canada’s economy contracted by 0.3% MoM in October, matching forecasts and reversing a 0.2% gain in the prior month. Meanwhile, the preliminary estimate of third-quarter GDP showed the US economy grew at a strong annualised pace of 4.3%, beating…
“We’re both teachers, with a combined gross income of $210,000.”
Essential Trading Rules Rules for The Game Surviving and thriving in the forex or any global market requires much more than chart reading or catching the next big move. The traders who last are the ones who follow a consistent set of rules built around discipline, risk control, and smart decision-making. Below is a guide to the most important trading principles every trader should adopt. Rules for The Game Start With a Reputable Broker Your trading experience depends heavily on the broker you choose. Tight, consistent spreads and reliable liquidity allow you to enter and exit…
The deal expands ServiceNow’s reach into cybersecurity as it aims to create an ‘AI control tower.’
The United States’ (US) Gross Domestic Product (GDP) expanded at an annual rate of 4.3% in the third quarter, the US Bureau of Economic Analysis (BEA) reported in its initial estimate on Tuesday. This reading followed the 3.8% growth recorded in the second quarter and came in better than the market expectation of 3.3%.Other details of the report showed that the core Personal Consumption Expenditures (PCE) Price Index rose by 2.9% on a quarterly basis, matching analysts’ estimates. In this period, the Gross Domestic Product Price Index was up 3.7%, compared to the market forecast of 2.7%.”Compared to the second…
Various factors can reduce a lottery prize, from taxes to even the cost of a limo ride.
Here is what you need to know on Tuesday, December 23:US Dollar Index (DXY) expectations for a dovish Federal Reserve (Fed) monetary policy path into 2026 weigh on sentiment. The US Dollar Index (DXY) trades around 98.30, retreating after climbing to a one-week high on Friday. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Euro. USDEURGBPJPYCADAUDNZDCHFUSD-0.38%-0.68%-0.47%-0.42%-0.66%-0.63%-0.43%EUR0.38%-0.30%-0.09%-0.04%-0.29%-0.25%-0.06%GBP0.68%0.30%0.21%0.27%0.01%0.05%0.24%JPY0.47%0.09%-0.21%0.06%-0.19%-0.12%0.04%CAD0.42%0.04%-0.27%-0.06%-0.25%-0.20%-0.02%AUD0.66%0.29%-0.01%0.19%0.25%0.03%0.23%NZD0.63%0.25%-0.05%0.12%0.20%-0.03%0.20%CHF0.43%0.06%-0.24%-0.04%0.02%-0.23%-0.20% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency…
U.S. stock futures gained Sunday, ahead of the holiday-shortened trading week and as investors cling to hopes of a “Santa Claus rally” still to come.