Dow Jones Industrial Average climbs 500 points in post-Fed splurge
The Dow Jones Industrial Average (DJIA) pierced the 42,000 psychological level on Thursday as equities drove higher in a broad-market bull run after the Federal Reserve (Fed) finally delivered its first rate cut in over four years.
Stunning first look at views from Birmingham's tallest building the Octagon before it's completed
The 49-storey building is set to be completed in 2025
White Revolution 2.0 to empower women: Amit Shah
Amit Shah launches White Revolution 2.0 to empower women, fight malnutrition, increase milk procurement, and strengthen cooperatives.
Forex Today: Will the BoJ surprise markets?
The Greenback could not sustain the optimism seen during the Asian trading hours, eventually surrendering that advance and ending the day with marked losses as investors assessed the prospects of further easing by the Fed in the months to come.
Again, another multinational to ditch Nigeria, other African countries
PZ Cussons currently holds a 73.3 per cent stake in its Nigerian unit.
Hussainsagar lake yields 6,226 tonnes of garbage after Ganesh immersions
Massive waste from Lord Ganesh idol immersion in Hussainsagar Lake costs Hyderabad lakhs for cleanup, including iron scrap disposal.
Canadian Dollar gets a push from Fed cuts but still hobbled
The Canadian Dollar (CAD) remains overall weaker on Thursday, though the CAD was able to eke out a stronger stance against the Greenback, with the USD getting pummeled after the Federal Reserve (Fed) cut interest rates for the first time in four years by an outsized 50 bps.
USD/JPY Price Forecast: Clings to gains after failing to clear 144.00
The USD/JPY held on to gains following Wednesday’s Federal Reserve decision but traded well below its daily peak of 143.94 as the Greenback registered losses.
Australian Dollar on the rise amid Greenback weakness
The AUD/USD rose by 0.70% to 0.6815 in Thursday's session. This marks the fourth consecutive session of gains for the AUD/USD, as the Greenback continues to weaken in the wake of the Federal Reserve's (Fed) 50-basis-point rate cut.
Germany to approve 397 million euros in extra Ukraine military aid, letter says
Germany to approve 400 million euros in military aid for Ukraine, showing strong support in Europe.
USD/CAD softens near 1.3550 on bearish US Dollar, investors await BoC’s Macklem speech
The USD/CAD pair attracts some sellers near 1.3560, snapping the two-day winning streak during the early Asian session on Friday.
GBP/USD tests 1.33 as Greenback weakness prevails
GBP/USD found a fresh 30-month high bid on Thursday, with a broad-market selloff in the US Dollar sparking a risk bid in Cable and bolstering the Pound Sterling.
EUR/USD grapples with higher ground as Fed cuts weigh on Greenback
EUR/USD found the high end on Thursday, holding fast to the 1.1150 level, though most of the pair’s bullish momentum comes from a broad-market selloff in the Greenback rather than any particular bullish fix in the Euro.
Telangana Discoms seek energy tariff hike in all categories to mop up ₹1,200 cr.
Telangana Discoms propose tariff hike for 2024-25, focusing on fixed charges for domestic and commercial consumers.
AUD/USD strengthens above 0.6800 on RBA-Fed policy divergence, eyes on PBoC rate decision
The AUD/USD pair trades on a stronger note near 0.6810 during the early Asian session on Friday.
PBOC leaves Loan Prime Rates unchanged in September
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Friday.
Breaking: Gold price advances further beyond $2,600 mark, fresh record high
Gold price (XAU/USD) regained positive traction on Thursday and rallied back closer to the all-time peak touched the previous day in reaction to the Federal Reserve's (Fed) decision to start the policy easing cycle with an oversized rate cut.
USD/INR faces some selling pressure as likely inflows boost Indian Rupee
The Indian Rupee (INR) extends its upside on the weaker US Dollar (USD) on Friday.
NZD/USD flat lines around 0.6235-6240 area, remains close to monthly top set on Thursday
The NZD/USD pair seesaws between tepid gains/minor losses through the Asian session on Friday and currently trades around the 0.6235-0.6240 region, well within the striking distance of the monthly peak touched the previous day.
Australian Dollar extends upside as traders expect Fed to deliver more rate cuts
The Australian Dollar (AUD) recovers its daily losses and extends its winning streak against the US Dollar (USD) following the interest rate decision by the People’s Bank of China (PBoC) on Friday.
USD/CAD struggles near 1.3555 area, just above two-week low amid bearish USD
The USD/CAD pair struggles to gain any meaningful traction during the Asian session on Friday and currently trades around the 1.3555 region, well within the striking distance of a nearly two-week low touched the previous day.
EUR/USD Price Forecast: The constructive outlook prevails above 1.1150
The EUR/USD pair trades in positive for the third consecutive day near 1.1165 during the Asian trading hours on Friday.
USD/CHF weakens below 0.8500 amid bearish US Dollar
The USD/CHF pair trades on a softer note around 0.8465 on Friday during the early European session.
Pound Sterling strengthens further as BoE Mann supports restrictive policy for longer
The Pound Sterling (GBP) performs strongly against its major peers on Friday.
NZD/USD rises to near 0.6250 due to rising odds of further rate cuts by the Fed
NZD/USD continues its winning streak for the third successive day, trading around 0.6250 during the early European hours on Friday.
GBP/JPY Price Forecast: Jumps to multi-week top, reclaims 191.00 amid notable JPY weakness
The GBP/JPY cross turns positive for the fifth successive day following an intraday dip to the 188.70 area and jumps to a nearly three-week top during the first half of the European session on Friday.
Mexican Peso edges lower on domestic concerns, technicals favor short-positioning
The Mexican Peso (MXN) is edging lower in its key pairs on Friday as the currency suffers from political risk premia, the outlook for the domestic economy and as chart technicals favor short-positioning.
Divyangjans need opportunities and support, not sympathy: Union Minister
Union Minister Virendra Kumar emphasises empowering Divyangjans through opportunities and support at Divya Kala Mela expo.
EUR/USD falls slightly below 1.1150 as investors brace for ECB Lagarde speech
EUR/USD faces selling pressure above 1.1150 in Friday’s North American trading hours.
AUD/USD holds gains above 0.6800 as Fed sequential large rate cut bets rise
The AUD/USD pair clings to gains above the round-level support of 0.6800 in Friday’s European session.
CEE: Empty end of the week, market preparing for central banks – ING
The last day of the week should be quiet with an empty calendar in the CEE region.
Company insolvencies dip in August but figures still reflect 'challenging' times
There were 1,953 business insolvencies in England and Wales in August, according to the Insolvency Service, compared with 2,286 in August 2023
CPI(M) State secretary seeks formation of special mission, under the leadership of Chief Minister, for protection of Visakhapatnam Steel Plant
CPI(M) State secretary seeks formation of special mission, under the leadership of Chief Minister, for protection of Visakhapatnam Steel Plant
USD/CAD consolidates below 1.3600 as investors look for fresh Fed interest rate cues
The USD/CAD pair trades sideways below the crucial resistance of 1.3600 in Friday’s North American session.
Tenders invited for Polayathodu RoB  
KRDC invites tenders for Polayathodu railway overbridge construction, with Railway Board considering full cost coverage.
Raitha Sangha oppose decision to import areca from Bhutan
KRRS and Hasiru Sene oppose Central Government's decision to import areca nuts from Bhutan, impacting local market prices.
NZD/USD slumps from 0.6250 as US Dollar strives to gain ground
The NZD/USD pair faces selling pressure above the crucial resistance of 0.6250 in Friday’s North American trading hours.
Farmers object to acquisition of fertile farmlands for Food Park in Tiruchuli
Farmers in Tiruchuli taluk object to fertile farmland acquisition for Food Processing Park, demand fair compensation and alternative land use.
Works Minister launches construction of Punnamada-Nehru Trophy bridge
Kerala Public Works Minister assures timely completion of projects, launches construction of Punnamada-Nehru Trophy bridge in Alappuzha.
Lopsided policies of Centre responsible for losses of Visakhapatnam Steel Plant, alleges CITU State general secretary
Lopsided policies of Centre responsible for losses of Visakhapatnam Steel Plant, alleges CITU State general secretary
KSIIDC, Shivamogga district administration hopeful of Shivamogga Airport getting DGCA licence renewed
Shivamogga Airport near Sogane awaits licence renewal from DGCA, officials hopeful for quick approval.
India to soon overtake China in silk production, says Union Minister for Textiles
India poised to surpass China in silk production, with Union Minister Giriraj Singh highlighting growth and challenges in industry.
last updated on 20 Sep 17:49