3 years ago By Payne — The US economy is expected to grow by 3.7% and 4.4% in the second and the third quarter of 2021, respectively, the Federal Reserve Bank of New York's

3 years ago By Payne — Gold price is rebounding over 1% on the last day of this eventful week, although remains on track to book a 5% loss on the weekly basis. The retreat i

3 years ago By Payne — UOB Group’s FX Strategists noted EUR/USD risks further decline in the near term. Key Quotes 24-hour view: “We expected EUR to ‘weaken further’ yesterd

3 years ago By Payne — UOB Group’s FX Strategists keep the bullish view on USD/JPY, with the next target at the 110.95 level in the next weeks. Key Quotes 24-hour view: “Whi

3 years ago By Payne — USD/INR snaps two-day uptrend, fails to extend the Fed-led rally, while bouncing off intraday low of 73.58 to 73.69, down 0.19% on a day, amid the ini

3 years ago By Payne — USD/CHF edges higher around 0.9085 amid a subdued trading session during early Thursday that followed the US Federal Reserve-led (Fed) market action a

3 years ago By Payne — Spot WTI was 1.1% lower as the US dollar kept advancing following the Fed. It ended the day at the lows of $71.64 after falling from a high of $72.96.

3 years ago By Payne — The US Federal Reserve's updated Summary of Projections revealed on Wednesday that seven policymakers see a lift-off in the fed funds rate from zero

3 years ago By Payne — NIO shares had a spectacular 2020 and suffered in the first half of 2021 falling from above $60 to near $30. A nice base formation in May set the scen

3 years ago By Payne — Data released on Wednesday showed an increase in Housing Starts of 3.6% during May. Analysts at Wells Fargo, builders continue to push through the hea