The Pound Sterling (GBP) advanced some 0.32% against the US Dollar (USD) on Monday, back above the 1.33 handle, as market participants digested data from the United States (US) portraying that business activity in the services sector is gathering some steam, yet fails to underpin the Greenback.
A Kenyan court has ruled that Worldcoin must erase biometric data it unlawfully gathered from thousands of citizens, in a major regulatory pushback against the cryptocurrency-linked identity projec...
Buyers remain in control with focus on breaking through the multi-day ceiling at 0.6000
Buyers remain in control with focus on breaking through the multi-day ceiling at 0.6000
Silver price (XAG/USD) is rallying to near $32.60 during North American trading hours on Monday. The white metal strengthens as the US Dollar (USD) slumps at the start of the week, with the Federal Reserve’s (Fed) monetary policy meeting in focus.
The Mexican Peso (MXN) remains stable against the US Dollar (USD) on Monday despite rising tensions over the weekend between Mexican President Claudia Sheinbaum and US President Donald Trump regarding a rejected proposal to deploy American troops in Mexico.
Economic activity in the United States (US) services sector gathered momentum in April, with the ISM Services PMI advancing to 51.6 from 50.8 in March, coming in above analysts’ estimates of 50.6.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges lower to Friday's low around 99.62 at the time of writing on Monday, after the Taiwan Dollar (TWD) surges over 5% and triggers a spillover effect in Asian currencies against the Greenba
West Texas Intermediate (WTI), futures on NYMEX, recoups a substantial share of initial losses and rebounds from the intraday low of $55.14 to near $57.30 during European trading hours on Monday.
The Pound Sterling (GBP) struggles to extend its upside above the intraday high of 1.3330 against the US Dollar (USD) during North American trading hours on Monday.
Dubai’s regulators may have had the luxury of starting on a blank sheet of paper: it attracted and utilised talent and knowledge from experienced professionals that worked in more mature supervisor...
Gold (XAU/USD) rises by more than 2% on Monday to $3,317 at the time of writing, as geopolitical risk surges. The Houthi attack that hit Ben Gurion airport this weekend and Israel's promise to retaliate while preparing for a broad ground offensive in Gaza are elevating risks again in the region.
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