Gold (XAU/USD) is trading higher following a three-day sell-off on Thursday. The precious metal reaches levels above $4,600, returning to the last four weeks’ trading range, as the US Dollar (USD) retreats from Wednesday’s highs and the dust of the US Federal Reserve’s (Fed) interest rate decision settles.The US Dollar…
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The GBP/JPY enters a bullish consolidation phase near its highest level since January 2008 and holds steady above the 216.00 mark heading into the European session on Thursday. Bulls now seem reluctant and opt to wait for the latest Bank of England (BoE) policy update before positioning for an extension of the well-established uptrend.Traders have been pricing in a greater possibility of at least two interest rate hikes by the UK central bank in 2026…
After eight years, Jerome Powell is clocking out. Loading audio narration… The Federal Reserve opted…
A new report by the nonpartisan Government Accountability Office (GAO) found that improper payments by…
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Amazon says it could begin selling its Trainium AI chips to external customers within two years, putting the cloud giant in closer competition with Nvidia. Loading audio narration… During Wednesday’s earnings call, CEO Andy Jassy said “there’s a good chance” the company will start offering full racks of Trainium chips…
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Treasury Secretary Scott Bessent said the United States’ maximum economic pressure campaign on Iran has sent the regime into “crisis” during an appearance Wednesday on “Kudlow.” The effort, known as Operation Economic Fury, is aimed at crippling Tehran’s financial lifelines by seizing Iranian assets, freezing bank accounts and pressuring foreign…
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Ford just got a big tariff-related boost. Loading audio narration… The automaker said on Wednesday that it booked a $1.3 billion one-time tariff-related benefit, tied to duties it paid between March 2025 and February 2026. The benefit helped lift profits to $2.5 billion, even as its underlying business showed mixed…
