MEXICO CITY, Nov 5 Reuters The Mexican peso sank against the U.S. dollar as results in the U.S. presidential election rolled in, extending a streak of volatility which has hit the currency in recent days. The peso dropped as low as 20.7710 per dollar for the first time since August 2022, about 3.2 weaker than its closing […]

Market expects Fed to cut rates by 25 bps on Thursday Perth Mint39;s gold and silver sales decline in October Silver, Platinum and Palladium down over 1 Nov 6 Reuters Gold prices were largely flat on Wednesday as investors keenly awaited the outcome of a tightlycontested U.S. presidential race. Spot gold slipped 0.1 to 2,740.28 per […]

TOKYO, Nov 6 Reuters The dollar was set for its biggest oneday rise since March 2020 against major peers on Wednesday and bitcoin jumped to an alltime high as socalled Trump trades took off, with traders increasingly betting on a U.S. election victory for the former president. Republican Donald Trump led Democrat Kamala Harris by 247 electoral […]

EURUSD Strong volatility gained momentum today before the final results of the US presidential elections where EURUSD fell sharply by more than 1.3 to 1.0788, the lowest in two weeks. The drop in EURUSD was mainly due to USD index strength that gained by more than 1.2, traded at 104.65 the highest since last July […]

Stock futures, dollar, yields rise on Trump lead Election results could impact U.S. tax, trade policy Bitcoin roars to record high NEW YORKSEOUL, Nov 6 Reuters Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the U.S. presidential election and Republicans took control of at least one chamber of […]

Nov 6 Reuters Major stock markets in the Gulf rose in early trade on Wednesday as Republican Donald Trump claimed victory in the U.S. presidential election. Fox News projected that Trump had defeated Democrat Kamala Harris, which would cap a stunning political comeback four years after he left the White House. Saudi Arabia39;s benchmark index gained 0.9, with […]

China investors expect heavy tariff, tech tensions under Trump Onshore yuan set for steepest daily fall since June 2023 HK stocks fall more, with technology firms at the fore HONG KONGSHANGHAI, Nov 6 Reuters China39;s yuan and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of […]

MUMBAI, Nov 6 Reuters The Indian rupee fell to a record low on Wednesday, hurt by a sharp rise in the dollar and U.S. bond yields as Republican Donald Trump claimed victory in the U.S. presidential election. The rupee closed at 84.28, down 0.2 from its previous close, in what was its worst singleday fall […]