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About: anakin

Recent Posts by anakin

The Australian Dollar falls to 0.6415 against the US Dollar following an anticipated RBA rate cut

Australian Dollar weakens to 0.6408 after RBA rate cut, global uncertainties, and weaker US Dollar support.

The price of gold stabilises due to ongoing geopolitical tensions and recent Fed officials’ comments

Gold rebounds amid credit downgrade, Trump’s geopolitical stance, and Fed’s cautious economic outlook spurring volatility.

While the UK secures a trade deal with the EU, Pound Sterling strengthens against its rivals

Pound Sterling rises on UK-EU reset, US debt downgrade, China tensions, and anticipated UK inflation data.

UOB Group analysts anticipate the USD/CNH will rise slightly, remaining within a 7.1850/7.2450 bracket

USD expected to trade within 7.1850–7.2450 range; momentum weak, resistance at 7.2330 holds.

Commerzbank’s analyst observed that electric mobility growth is lowering worldwide oil demand, especially in China.

Electric vehicle sales surge globally, led by China; projected to reach 20 million units sold this year.

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