Forex trading news: Rand drops, Dollar climbs!
In forex trading, the South African rand has fallen back further on Tuesday, following a slide fuelled by rising geopolitical risks from heightened tensions in the Middle East and lower market expectations of a US Federal Reserve interest rate cut.At 1541 GMT, the rand
Cryptocurrency trading: Bitcoin drops below $62,000
In cryptocurrency trading, the price of bitcoin had dropped by 7.9% to $61,842 – falling the previous day by $5,308 from its last closing price.This makes the largest and most widely known cryptocurrency in the world drop 16.2% from its yearly peak of $73,794
Stock trading news: NVIDIA soars in markets
In stock trading trends, the S&P 500 and Dow benchmarks were quiet around noon on Thursday as long-dated Treasury yields stayed high following the latest data on the labour market as well as comments from Fed officials.Meanwhile, the president of the Federal Reserve Bank of
Commodity trading alert: Oil, Gold prices soar in market
In commodity trading, oil prices held steady Wednesday near six-month highs after rising by a dollar a barrel the day before.Investors are bracing for more volatility from the Middle East to affect prices.Brent crude futures rose 27 cents or 0.3% to $90.75 a barrel
Forex Trading Trends: US Dollar lower ahead of inflation data
Forex Trading proved difficult for US Dollar traders as the greenback softened on April 9.Forex trading saw investors cautious ahead of US inflation data, which could spell good news for the US economy.The yen hovered near multi-decade lows, keeping traders on alert for action from
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