EUR/USD rebounds above 1.0400 as the US Dollar takes a breather after the rally induced by the Fed’s hawkish guidance. Fed officials see only two interest rate cuts in 2025, fewer than the four projected earlier....
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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...
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly fell to 50.5 in December after recording 51.5 in November, the latest data showed on Thursday. The market forecast was for a 51.7 reading in the reported month. Key highlights...
USD/CAD witnessed some profit-taking after touching a fresh multi-year high on Thursday. The fundamental backdrop warrants some caution before positioning for deeper losses. Traders now look to the final US Q3 GDP and Jobless Claims...
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...