Browsing: plummets

The Pound Sterling faces pressure against its major peers as all nine BoE MPC members favored a 25-bps reduction in interest rates to…

GBP/USD falls 0.93%, hitting a session low of 1.2359 after BoE’s unexpected rate decision. BoE’s dovish stance intensifies with forecasts…

AUD/USD falls sharply as the US Dollar surges on multiple tailwinds. Market sentiment is quite cautious amid a sell-off in…

Silver price plunges to near $30.00 as US President Trump delays tariff hikes. A delay in Trump tariff plans and…

NZD/USD faces an intense sell-off amid uncertainty ahead of China’s two-day annual economic conference. The RBNZ is expected to cut…

AUD/USD falls sharply below 0.6400 as the RBA delivers a less-hawkish interest rate guidance. RBA Bullock was confident about easing…

The US Dollar strengthened ahead of the weekly close on the back of mixed data. The Reserve Bank of Australia…

EUR/USD rises as the US Dollar posts a fresh weekly low ahead of a slew of US economic data. The…

The Mexican Peso slides into a ravine after Donald Trump threatens to slap 25% tariffs on Mexican imports.  The Peso…

Gold weakens as a result of a stronger US Dollar and the impact of Trump on Monday.  President-elect Donald Trump’s…