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Armstrong Economics - Vimarsana News

Armstrong Economics

ASIA: According to the World Bank, India's economic growth is expected to slow down further to 6.3% in the financial year FY 2023/24. This is a downward revision of 0.3 percentage points from the previous estimate of 6.6%. The main reason for the slowdown is attributed to constrained private consumption caused by high inflation.

US Dollar stays rangebound as Wall Street trades mixed - Vimarsana News

US Dollar stays rangebound as Wall Street trades mixed

The US Dollar (USD) stays relatively stable on Wednesday as investors refrain from committing to large positions ahead of next week's highly-anticipat

Gold Price Forecast: XAU/USD bears ignore sluggish USD on mixed growth concerns, hawkish central banks - Vimarsana News

Gold Price Forecast: XAU/USD bears ignore sluggish USD on mixed growth concerns, hawkish central banks

Gold Price (XAU/USD) remains bearish around the weekly low after snapping a two-day winning streak with a heavy loss to around $1,939 by the press tim

AUD/USD portrays pre-RBA anxiety above 0.6600, ignores upbeat Aussie data - Vimarsana News

AUD/USD portrays pre-RBA anxiety above 0.6600, ignores upbeat Aussie data

AUD/USD remains sidelined above 0.6600 as it depicts the trader’s indecision ahead of the key Reserve Bank of Australia (RBA) Interest Rate Decision o

US Dollar Index: DXY suffers from downbeat data, yields amid Fed blackout - Vimarsana News

US Dollar Index: DXY suffers from downbeat data, yields amid Fed blackout

US Dollar Index (DXY) stays defensive near 104.00 amid early Tuesday, after a volatile week-start that initially portrayed a run-up to 104.40 before m