Has the Japanese yen lost its status as a safe haven currency?

As of the end of 2024, the exchange rate of the Japanese yen against the US dollar hovered at 156 yen, a 10% decline for the whole year, exceeding the 7% decline in 2023

Binance Secures Brazil\'s Broker-Dealer License After Acquiring Local Firm

Sim;paul\'s existing licenses will allow Binance to expand its offerings while complying with local financial regulations. The exchange reportedly plans to expand its compliance workforce by 34% in 2024.

How do changes in interest rates affect the foreign exchange market?

Interest rates are one of the most influential factors in the foreign exchange market, shaping currency value and driving trader decisions. When the central bank adjusts interest rates, it will trigger a chain reaction in the global market. Understanding

Due to the decrease in mortgage interest rates in 2024, the UK housing market is gradually recovering, and it is expected that housing sales will reach 1.15 million units by 2025

In 2024, due to the decrease in mortgage interest rates, the UK housing market is gradually recovering, with an increase in housing sales and sufficient housing supply in the market. Compared to last year, transaction volume increased by 19% and buyer dem

Malaysian homestay manager loses RM60000 due to Bitcoin investment fraud

Malaysia Homestay Johor - A homestay manager lost RM62214.59 for participating in an online Bitcoin investment scam Loss of RM60000 due to Bitcoin investment fraud

Gold price forecast: Market trading is light, with gold prices fluctuating and falling to around $2600

Gold price forecast: In the morning session of the Asian market on Tuesday, gold prices fluctuated and fell to $2600. The Federal Reserve\\\'s cautious stance may suppress gold prices. Uncertainties and geopolitical tensions may help drive the price of go

Emerging-Market Stocks Advance in Final Push for 2024 Gains

MSCI’s benchmark EM equity index closed 0.3% higher Tuesday in thin trading ahead of the holidays, buoyed by a 1% advance in Chinese stocks. While it’s headed for a total return of around 9% this year, it still has significantly underperformed developed m

UK inflation rises to 2.6% in November, in line with expectations

The reading was in line with the forecast of economists polled by Reuters, and climbed from 2.3% in October.

Traders Rush to Join Fed Rate-Cut Bet Touted by Morgan Stanley

The number of January and February contracts in which traders have positions soared Friday as their prices climbed on record volume for each. Morgan Stanley strategists in a report said they’d recommended buying the February contract.

What are the main events for today?

We will also have the University of Michigan Consumer Sentiment report but the focus will be on the NFP. Last but not least, we have some Fed speakers today delivering their last comments before the blackout period starting tomorrow.

How Trump latest tariff plans are roiling global markets

In two posts on Truth Social on Monday evening, Trump said he would impose a 25% tariff on all products coming into the United States from Canada and Mexico and an additional 10% tariff on imports from China.

Bitcoin hit an all-time high of $93,900

Bitcoin prices hit an all-time high of $93,905 on Tuesday. At the time of writing this article on Wednesday, its trading price dropped slightly to around $91,900.

The stock market of Trump honeymoon is turning sour

Major US indexes sold off sharply on Friday, with the tech-heavy Nasdaq leading the way, as investors came to terms with the fact that they may not get a December rate cut as previously expected.

The Trump dealstalled! The US dollar index experienced its largest decline since August, while US Treasury futures rose

The US dollar index recorded its biggest decline since late August, and US treasury bond bond futures rose because the public opinion survey data before the US election on Tuesday prompted some investors to cut the so-called Trump trade.

Bank of America is optimistic about the pound and expects it to strengthen before the end of the year!

The UK government announced a budget showing that the UK plans to significantly increase the national debt, which triggered a sell-off of UK bonds and sterling. However, Bank of America believes that the volatility in the pound bond and foreign exchange m