A Systematic Investment Plan (SIP) is a popular way to invest in mutual funds, as it allows investors to park their surplus cash steadily in their mutual fund scheme of choice. This enables an investor to...
Browsing: Forex
WTI price posts modest gains near $71.60 in Thursday’s early European session. US crude oil inventories dropped by 1.442 million barrels last week, according to the API. A slower path of the Fed easing cycle and...
The Pound Sterling drops after the BoE left borrowing rates steady at 4.75%. UK inflation has accelerated in the past two months, supporting the BoE’s decision to keep interest rates steady. The Fed cut interest rates by...
USD/CNH weakens to around 7.3170 in Thursday’s early European session, down 0.29% on the day. The positive view of the pair prevails above the key 100-day EMA with the bullish RSI indicator. The first upside...
EUR/USD faces headwinds as the ECB sustains its dovish stance on interest rate policy for 2025. The ECB is anticipated to reduce its Deposit Facility rate to 2%, regarded as the neutral rate, by June...