Opposition lawmakers in Argentina have raised the possibility of impeaching President Javier Milei after he promoted a cryptocurrency that rapidly lost value.
eToro Files for IPO . This week’s top stories include eToro's filing with the US Securities and Exchange Commission (SEC) for a planned initial public offering (IPO).
Reserve Bank of Australia and reserve Bank of New Zealand interest rate decisions. Retail sales for UK and Canada. UK CPI. FOMC meeting minutes are some of the highlights
The Australian Dollar (AUD/USD) strengthens for the second consecutive day on Friday, supported by US President Donald Trump’s decision to delay implementing reciprocal tariffs.
The Canadian Dollar (CAD) gained another leg up on the Greenback on Friday, climbing around one-sixth of one percent against the safe haven US Dollar (USD) as markets short the Greenback.
The US Dollar Index (DXY), which tracks the US Dollar's performance against six major currencies, remains stable after posting losses in the previous session.
The Dow Jones Industrial Average (DJIA) cooled on Friday, shedding around 100 points and waffling into the 44,600 region after US Retail Sales missed the mark in January.
The Pound Sterling rallied for the second consecutive day on Friday, reclaiming the 1.2600 figure following a dismal US Retail Sales report that reflected American consumers cut their expenses.
For as long as this set-up in gold persists, you have been better served by throwing caution to the wind, TDS' Senior Commodity Strategist Daniel Ghali notes.
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