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The Australian dollar is lower on Thursday after surging 0.98% a day earlier. AUD/USD is currently trading at 0.6671, down 0.33% on the day. Australian job growth rebounds but unemployment rate rises Australian employment bounced back in April with an increase of 38,500 after a decline of 5,900 in M

Summary There are plenty of reasons to be skeptical about the sustainability of consumer spending, but today's soft print for retail sales says more about one-off factors than it does a meaningful downshift in spending activity. Higher rates finally slowing consumer spending? One theme of this Fed t

Gold returns to close to the May highs as buyers continued to pile in amid underlying geopolitical tensions. Robust central-bank demand is a key factor in keeping the precious metal bid. After a deep correction, XAU/USD resumes its uptrending bias and pushes higher. Gold price (XAU/USD) trades highe

GBP/USD holds its position around the major level of 1.2550 due to improved risk sentiment. Unemployment Rate (3M) is expected to show an increase in unemployed workers. Fed Vice Chair Philip Jefferson has advocated for maintaining current interest rates until signs of inflation easing become appare

The US Dollar consolidates on Monday after whipsaw moves last week. The economic calendar is quiet on Monday ahead of a busy week ahead. The US Dollar Index trades around 105.30, in the middle of last week’s range. The US Dollar (USD) is trading flat and quiet on Monday, with the DXY US Dollar Index

Most MSMEs are unable to build robust end-to-end retail solutions on account of inadequate finances and expertise in a large geography like India. Businesses can save time and eliminate some of the bottlenecks by combining incoming management, order fulfilment and customer relationship management sy

AUD/USD steady at 0.6624; focus on upcoming RBA decision, quiet US data, and UK bank holiday. Wall Street ends higher, driven by optimism over potential Fed rate cuts. ANZ analysts anticipate RBA will hold rates, possibly adopting a hawkish stance due to inflation trends. The Australian Dollar regis

Similar to how the internet democratized access to information, AI is democratizing capabilities across various professional fields, including healthcare. Nadine Adam Chemtech said AI technologies can process vast amounts of data from medical device usage and maintenance to predict equipment failure

Eco data on Friday conflicts with FED speak. Algo’s go all-in, long-term investors going along for the ride. Tech gains 2.8% while Energy ended flat. Bonds rally, yields fall. Oil & Gold churn. Lots of FED speak and global central bank policy announcements. Try the Veal. It’s RISK ON – stocks pu