The relentless US Dollar Index (DXY) sell-off experienced earlier this year has faded, and many hedge funds are betting in its comeback in the fourth quarter. The DXY Index was trading at $98.7 on Thursday morning, up from the year-to-date low of $96.24. Why the US Dollar Index has plunged this year The US Dollar
The Nikkei 225 Index continued its strong rally this week as foreign investors continued buying and the Japanese yen plunged to its lowest level in weeks. It jumped to a high of ¥48,465, up by over 57% from the lowest level this year. Foreign investors are buying Japan stocks The Nikkei Index and other Japanese
The FTSE 100 Index is in a relentless bull run and is now hovering at its all-time high. It soared to a high of £9,575 on Wednesday, Oct. 8, up by over 26% from its lowest level in April. This article explores the top FTSE 100 shares that are driving the ongoing bull run. Fresnillo
Porsche share price has been in a strong bearish downtrend this year and is hovering near its all-time low as demand worsens. It has moved to €42.7, a few points above the record low of €38.42. This sell-off could continue as its Chinese sales slump. Porsche share price at risk as Chinese sales slump Porsche,
The Japanese yen continued its strong plunge this week as investors braced for a return of Abenomics. The USD/JPY exchange rate rose to 153, its highest point since February 13, and up by about 10% from its lowest level this year. Why the Japanese yen is crashing The USD/JPY pair surged this week as investors
The South African rand, often seen as a bellwether for the emerging market currencies, has soared to the highest point since September last year. The USD/ZAR exchange rate has soared to a low of 17.14, down by over 14% from its highest point this year. Why the South African rand has soared. The South African
The VanEck Gold Miners ETF (GDX) has been in a relentless bull run this year and is trading at its all-time high. GDX was trading at $80, up by 135% from its January lows and The ETF has jumped in the last ten consecutive weeks, its longest streak on record. This surge has brought its
President Donald Trump’s son-in-law, Jared Kushner, has once again stepped into the geopolitical arena, landing in Egypt alongside White House Special Envoy Steve Witkoff on Wednesday to secure a ceasefire deal in Gaza. The presence of Kushner — who has largely stayed out of Trump’s White House during the president’s second term and holds no
Former New York Gov. Andrew Cuomo reminded business leaders on Wednesday that socialism already failed New York City when Rep. Alexandria Ocasio-Cortez, D-N.Y., and progressive activists rallied against Amazon’s plan to build a headquarters in Queens. During Crain’s New York Business mayoral forum Wednesday morning, less than one month away from Election Day, Cuomo railed
The Trump administration is ramping up the consequences of a lingering government shutdown as a lapse in appropriations enters its eighth day, with no signs of ending soon. Now, the White House’s Office of Management and Budget (OMB) has floated plans reviewed by Fox News Digital that would not guarantee that federal workers currently furloughed