Hazel
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RBA’s Bullock: Discussed upside inflation risks had eased but not gone away
Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, following the announcement of the December monetary policy decision on Tuesday. Bullock is responding to questions from the media as part of a new reporting format for the central bank starting this year. T
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How Ethical AI is Redefining the Future of Finance and Trading in 2024
Artificial Intelligence (AI) is at the forefront of innovation in the financial industry, bringing transformative changes to portfolio management, algorithmic trading, risk assessment, and fraud prevention. However, as AI systems increasingly dominate these critical areas, their ethical implications
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Gold price remains heavily offered amid renewed USD buying interest
Gold price meets with heavy supply on Monday and snaps a four-day winning streak. Rebounding US bond yields help revive the USD demand and weigh on the commodity. Trade war concerns and geopolitical risks do little to lend support to the XAU/USD. Gold price attracts heavy selling at the start of a n
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Fed’s November Minutes Highlight Gradual Approach, USD Falters
Partner Center Find a Broker The November FOMC minutes revealed a Committee firmly committed to a gradual, methodical approach to monetary policy easing. All participants backed the 25 basis-point cut to 4.50% 4.75%, but what’s particularly interesting was their repeated emphasis that policy decisio
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What is Deposit Acceleration in Forex?
In the world of forex trading, deposit acceleration refers to the process of rapidly growing a trading account’s balance by employing high-risk strategies. This technique aims to achieve significant gains in a short period but comes with equally substantial risks. How Does Deposit Accelera
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Gold stabilizes at support levels ahead of US core PCE data release
The US PCE Price Index and quarterly GDP data released today will significantly impact the gold market. Strong economic growth and persistent inflation in the data could strengthen the US Dollar and pressure gold prices. The ascending channel in gold's daily chart shows a strong support area reinfor
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