Page 38 - Simple Moving Average News Today

The Bank of England (BoE) is set to hold its policy rate for a fourth meeting in a row on “Super Thursday.” It will be the United Kingdom (UK) central bank’s first policy meeting of 2024, and it is expected to set the direction for the Pound Sterling (GBP) market in the months to come.

Gold price is back in the green, on its way to retest the two-week high of $2,056 set on Wednesday.

The Japanese Yen (JPY) attracts some buyers for the second straight day on Thursday and remains well within the striking distance of over a two-week high touched against its American counterpart the previous day.

The GBP/JPY cross drifts lower for the second straight day on Thursday – also marking the third day of a negative move in the previous four – and drops to a two-and-half-week low during the first half of the European session.

EUR/USD made sharp moves in both directions in the American session on Wednesday before closing the day marginally lower.

The US Dollar (USD) is falling back to being nearly flat ahead of the US opening bell, after it initially popped higher on the back of the first rate decision from the US Federal Reserve and commentary from the US Federal Reserve Chairman Jerome

Budget 2024: Now that the interim budget is out of our way, the focus of the market will shift to earnings and the upcoming RBI policy next week. Lets take a look at where 5 technical experts see Nifty heading now.

The Mexican Peso (MXN) climbed against the US Dollar (USD) on Thursday as market participants digested the latest Federal Reserve (Fed) decision.

The Canadian Dollar (CAD) is broadly mixed against a basket of major currencies on Thursday but sees some gains against the US Dollar (USD).

US equity indexes broadly climbed on Thursday, reclaiming ground lost after US Federal Reserve (Fed) Chairman Jerome Powell hit markets with a much more hawkish stance than many investors were prepared for.