The Indian Rupee jumps higher against the US Dollar as Trump attacks Fed’s independence. Fed’s Powell stated that tariffs-driven inflation could be persistent. The RBI […]
Tag: slides
GBP/USD slides as UK economy falters ahead of central bank bonanza
GBP/USD drops but holds above the key 1.2900 psychological level amid ongoing uncertainty. UK economy unexpectedly shrank 0.1% in January, raising bets on future Bank […]
Mexican Peso slides on recession jitters following Q4 GDP slump
Mexico’s Q4 GDP contracts for the first time since 2021. Banxico slashes 2025 growth outlook to 0.6%, well below Finance Ministry projections. US data mixed: […]
US Dollar slides with JOLTS contracting firmly as job market tightens
The US Dollar falls lower against all major currencies. JOLTS Job Openings for December point to further job cooling in opening. The US Dollar Index […]
Crude Oil slides for a fifth day this week on Fed rate concerns
Oil prices set for a weekly loss in this final normal trading week of 2024. The hawkish message from the Fed on rate cuts for 2025 […]
EUR/USD slides further amid increasing uncertainty after EU election results
EUR/USD stays on the back foot near 1.0720 as the European Union’s political uncertainty weakens the Euro’s appeal. The ECB refuses to commit to a […]