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WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
Silver price Thursday: Silver declines, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
US Dollar falls to flat with PPI easing and weekly jobless claims higher
The US Dollar (USD) trades flat after a volatile day already this Thursday. Ahead of this Thursday's data, the Greenback rallied higher with markets focused on the hawkish stance of the US Federal Reserve in its recent meeting. Just one rate cut was
Natural Gas sees June rally ending with Fed dampening hope for quick pickup in demand
Natural Gas price (XNG/USD) sinks lower by more than 1%, turning red after a green bounce earlier, after US Federal Reserve (Fed) Chairman Jerome Powell left the markets hung out to dry. With only one interest-rate cut projected in the dot plot for the
Mexican Peso recovers, Obrador says Peso backed by “strong economy”
The Mexican Peso (MXN) recovers on Thursday after bottoming out at an 18-month low due to politically-inspired market jitters.
Banxico Governor assures market stability amid Mexican Peso volatility
Bank of Mexico (Banxico) Governor Victoria Rodriguez Ceja commented on Wednesday that the central bank has the tools to intervene in the markets and restore market order after the Mexican Peso depreciated more than 9% following the June 2 election.
US Dollar holds ground after fresh PPI readings and Jobless Claims
On Thursday, the US Dollar Index (DXY) continued its positive momentum, extending its recovery into Thursday's session above 105.00.
Mexican Peso surges on Banxico’s supportive remarks
The Mexican Peso recovered some ground on Thursday and appreciated 0.93% following a verbal intervention by the Bank of Mexico (Banxico).
Dow Jones Industrial Average claws back ground after early Thursday decline but still down
The Dow Jones Industrial Average (DJIA) tumbled another 150-plus points on Thursday after US data hinted at a further contraction of the overall economy, briefly sparking risk-off bids into the US Dollar (USD) and forcing Treasury yields lower alongside equity indexes.
Canadian Dollar sheds weight on Thursday after risk-off flows trims recent gains
The Canadian Dollar (CAD) pared back recent gains against the US Dollar (USD) on Thursday, shedding a quarter of a percent against the USD as market flows pull back to safety and bolster the Greenback.
Gold price slumps due to Fed’s eyeing one cut, despite soft US PPI
Gold prices retreated during the North American session on Thursday after hitting a daily high of $2,326.
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