California wildfires rage into fifth consecutive day with death toll climbing, fresh evacuations
California's devastating wildfires continued Saturday for the fifth day in a row, with the officially confirmed death toll reaching 11, the Los Angeles County Coroner's Office announced Friday. But that number is expected to rise as cadaver dogs pass through areas that have been flattened to assess the devastation in an area larger than San […]
Majoirty Say Yes to Fresh Inquiry Into Child Rapes by Grooming Gangs
More than three-quarters of Britons support a new inquiry into child sexual abuse by mainly Pakistani grooming gangs, a move strongly opposed by Sir Keir Starmer's Labor government. I am doing it. The overwhelming majority of Britons are guilty of jumping on the “far-right bandwagon” for wanting a deeper relationship, by the standards expressed this […]
Gold price stands tall near multi-week top; looks to US NFP for fresh impetus – FXStreet
On Friday, gold prices attracted buyers for the fourth day in a row amid the flow of some haven funds. The Fed's hawkish stance, rising U.S. Treasury yields and strength in the U.S. dollar should limit any gains. Traders may also choose to wait for the release of the key US NFP report, which is […]
Ex-Islanders bust Oliver Wahlstrom thankful for fresh start with Bruins
BOSTON — Oliver Wahlstrom admitted that getting a fresh start with the Bruins was “really healthy” for him after his relationship with the Islanders seemed to go nowhere. That's not to say Wahlstrom had anything negative to say about the Islanders, a team that drafted him and gave him many chances to establish himself, a […]
EUR/USD kicks off 2025 with a fresh move to the downside – FXStreet
On the first trading day of the new year, the euro/dollar pair fell by 0.8%. There is a strong bearish mood surrounding the battered euro. Analysts expect the interest rate differential to widen further, reaching parity by 2025. EUR/USD has fallen further ahead of the start of the 2025 trading season, dropping 8/10% to hit […]
USD/INR jumps to fresh record high on month-end US Dollar demand – FXStreet
The Indian rupee fell to a new record low in early European trading on Friday. A strong US dollar and end-of-month demand for US dollars from importers weighed on the Indian rupee. The RBI is likely to intervene in the foreign exchange market to prevent further depreciation of the domestic currency. The Indian rupee (INR) […]
Gold Price Forecast: XAU/USD flat lines above $2,600 as traders await fresh catalysts – FXStreet
Gold is trading flat around $2,625 in early Asian session on Monday. The Fed's more cautious approach to monetary easing next year will push gold prices lower. Weakening US PCE inflation statistics, a recovery in Chinese gold demand, and geopolitical risks could weigh on XAU/USD. Gold prices (XAU/USD) were stable around $2,625 in early Asian […]
US Dollar Index hovers near fresh 25-month highs, 108.50, PCE Inflation awaited – FXStreet
The dollar index previously hit 108.49, the highest since November 2022. The US dollar rose as the Federal Reserve emphasized caution on its policy outlook. U.S. gross domestic product (annualized) reported growth of 3.1% in the third quarter, beating expectations for a 2.8% increase. The US Dollar Index (DXY), which measures the value of the […]
USD/CAD marks fresh multi-year highs near 1.4350, awaits Fed’s guidance – FXStreet
USD/CAD hit 1.4329 on Wednesday, its highest level since March 2020. The Canadian dollar faces challenges due to a dovish central bank and domestic political uncertainty. CME's FedWatch tool suggests Wednesday's 25 basis point rate cut is almost fully priced in. USD/CAD has extended its winning streak to five days in a row and is […]
Paramount’s $8B Skydance merger faces fresh hurdles — from ’60 Minutes’ to the Teamsters
Paramount Global's $8 billion merger with Skydance Media faces U.S. regulatory approval amid controversy over “60 Minutes'' interview with Kamala Harris to opposition from Teamsters union It faces new hurdles, sources told the Post. Officials say the outlook for the mega-deal has become increasingly uncertain since Donald Trump won the presidential election. Part of the […]