Gold price recovers from initial profit selling after reaching a 10-week peak
Gold prices in New York experienced an increase on Friday, overcoming initial profit-taking as the market reacted to July’s softer inflation data, which seemed to diminish the likelihood of a Federal Reserve interest rate hike in September. The December contract for gold, which is the most actively traded, climbed 0.3%, reaching $4,435.00 per ounce after […]
Canadian dollar climbs to a 10-week peak as employment figures exceed expectations for the third consecutive month.
Canadian Dollar Surges Against US Dollar TORONTO, Dec 5 – The Canadian dollar experienced a notable increase against the U.S. dollar, rising by 0.7%—the first significant uptick in six months. This surge came after a favorable domestic employment report heightened expectations for potential interest rate hikes from the Bank of Canada in the coming year. […]
Justin Tucker receives a 10-week suspension for personal conduct issues.
According to reports, the NFL has decided to suspend former Baltimore Ravens kicker Justin Tucker for the first ten weeks of the 2025 season. Tucker finds himself embroiled in a controversy involving allegations made by 16 massage therapists linked to various Baltimore Spa and Wellness Centers. These incidents reportedly occurred between 2012 and 2016. Rob […]
Israel announces it will permit limited food supplies into Gaza following a 10-week blockade
Israel to Allow Minimal Food Aid into Gaza Following 10-Week Blockade We’re tracking the latest developments in the Middle East, particularly regarding the ongoing conflict between Israel and Gaza. This past Sunday, Israel announced that it would begin to permit a “basic amount” of food to enter Gaza. This decision comes after mounting international pressure […]
EUR/USD remains stuck near 10-week low as ECB cuts rates by 25 bps to 3.25% – FXStreet
The EUR/USD pair remains vulnerable at around 1.0850 as the ECB lowered deposit facility interest rates by 25bps to 3.25%. The ECB is expected to cut its key borrowing rate by 25 basis points again in December. The dollar strengthened as speculation that Trump would win increased. EUR/USD remained under pressure around 1.0850 on Thursday. […]