Financial news: banks, currency


Gold Gains as Dollar Softens, US Shutdown Jitters Persist

Gold Gains as Dollar Softens, US Shutdown Jitters Persist

Gold prices rose on Friday as the dollar softened and uncertainty around the U.S. government shutdown added to safe-haven demand, while Wall Street indexes were set for sharp weekly declines. Spot gold was up 0.5% at $3,997.47 per ounce, as of 11:12 a.m. ET (1612 GMT). But the contract has f...


November 7, 2025
USD on Track for nearly Flat Week amid Fed Outlook, China Trade Data
USD on Track for nearly Flat Week amid Fed Outlook, China Trade Data

The U.S. dollar was set to end the week roughly unchanged on Friday as investors sought to balance the Federal Reserve's hawkish tilt against...

UK Stocks Set for Weekly Drop, Earnings-Driven Losses Weigh
UK Stocks Set for Weekly Drop, Earnings-Driven Losses Weigh

UK stocks dipped on Friday, with IAG among the biggest drag, and were set to log losses for the week packed with earnings and a Bank of England...

GBP Set for Third Consecutive Weekly Fall versus EUR and USD
GBP Set for Third Consecutive Weekly Fall versus EUR and USD

Sterling was headed for its third straight weekly loss against the dollar and the euro on Friday as investors digested the Bank of England’s...

Rupee Nudges Up on Week as Cenbank Intervention Holds Line
Rupee Nudges Up on Week as Cenbank Intervention Holds Line

The Indian rupee dipped on Friday but held above its record low and ended slightly higher on the week as frequent interventions by the Reserve Bank...

South African Rand Steady as Global Stock Markets Correct
South African Rand Steady as Global Stock Markets Correct

The South African rand was steady in early Friday trade, as investors worried about a correction in global stock markets following strong...

November 6, 2025
Most Gulf Markets Track Asian Shares Higher
Most Gulf Markets Track Asian Shares Higher

Most stock markets in the Gulf ended higher on Thursday, mirroring gains in Asian shares, as stronger-than-anticipated U.S. economic data lured...

Pound Trims Gains as BoE Keeps Rates Unchanged, Nok Rises as Norges Bank Holds Rates
Pound Trims Gains as BoE Keeps Rates Unchanged, Nok Rises as Norges Bank Holds Rates

Sterling trimmed earlier gains on Thursday after the Bank of England kept rates unchanged but left signs it could cut rates next month...

UK Stocks Steady as Traders await Rate Cues; GBP Holds near Lows
UK Stocks Steady as Traders await Rate Cues; GBP Holds near Lows

UK's main stock indices were little changed on Thursday as sterling steadied near multi-month lows, with traders pausing for breath ahead...

Gold Reclaims $4,000/oz Level as USD Slips, US Shutdown Woes Persist
Gold Reclaims $4,000/oz Level as USD Slips, US Shutdown Woes Persist

Gold rose above the key $4,000 per ounce level on Thursday, supported by a retreat in the dollar, while a prolonged U.S. government shutdown raised...

INR Sidesteps Gains in Asian Peers, Deprecation Bias Lingers
INR Sidesteps Gains in Asian Peers, Deprecation Bias Lingers

The Indian rupee closed little changed on Thursday, wedged between persistent dollar demand from importers and positive cues from gains in Asian...

MSCI to Add Paytm, 3 other Indian Stocks to Flagship Global Index
MSCI to Add Paytm, 3 other Indian Stocks to Flagship Global Index

MSCI will add four India-listed companies, including Fortis Healthcare and fintech firm Paytm, to Global Standard Indexes as part of its...

November 5, 2025
Dollar Firm as US Private Payrolls Rebound in October
Dollar Firm as US Private Payrolls Rebound in October

The U.S. dollar edged up on Wednesday, extending its gains from last week on doubts about the outlook for another Fed rate cut this year and as...

UK Stocks Flat as Financials Losses Counter Energy Gains; Focus on BoE, Earnings
UK Stocks Flat as Financials Losses Counter Energy Gains; Focus on BoE, Earnings

UK's FTSE 100 was flat on Wednesday as losses in heavyweight banks were offset by rising energy shares, while investors focus on a Bank of...

Gold Rises more than 1% on Risk-Off Mood, Dollar Pause
Gold Rises more than 1% on Risk-Off Mood, Dollar Pause

Gold prices gained more than 1% on Wednesday, with a slight U.S. dollar pullback and wider risk-off sentiment driving demand. Spot gold was up...

Sterling Steadies Day ahead of BoE Meeting
Sterling Steadies Day ahead of BoE Meeting

The pound stabilised on Wednesday as traders looked to fine-tune positioning ahead of Thursday's important Bank of England meeting, but...

November 4, 2025
Sterling Hits April Low, Reeves Hints at Tax Rises in Budget
Sterling Hits April Low, Reeves Hints at Tax Rises in Budget

Britain's pound touched its lowest point since April on Tuesday after finance minister Rachel Reeves reiterated her commitment to...

USD Stands Tall at 3-mth High, Traders Pare Rate Cut Wagers
USD Stands Tall at 3-mth High, Traders Pare Rate Cut Wagers

The dollar hovered near a three-month high on Tuesday as a divided Federal Reserve prompted traders to rein in interest rate cut wagers,...

Gold Holds under $4,000 on USD Resilience, Fed Rate Outlook
Gold Holds under $4,000 on USD Resilience, Fed Rate Outlook

Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while reduced chances of...

November 3, 2025
Gold Steadies as Investors await US Private Payroll Data
Gold Steadies as Investors await US Private Payroll Data

Gold prices held steady on Monday as the dollar hovered near a three-month high while traders awaited U.S. private payroll data for further cues on...

Sterling Under Pressure as BoE Week Arrives
Sterling Under Pressure as BoE Week Arrives

The pound remained under pressure against both the dollar and euro on Monday as traders tried to fine-tune their positions ahead of Thursday's...

INR Lumbers near Record Low, Cenbank Intervention Holds Line
INR Lumbers near Record Low, Cenbank Intervention Holds Line

The Indian rupee spent much of Monday's trading session within striking distance of its all-time low, but managed to hold above the level on...

Dollar Holds near Three-Month Peak ahead of US Data Releases
Dollar Holds near Three-Month Peak ahead of US Data Releases

The dollar hovered near a three-month high on Monday as investors awaited the release of data this week to gauge the health of the U.S. economy and...

October 31, 2025
London Stocks Ease after Recent Rally; Focus Shifts to Budget, BoE
London Stocks Ease after Recent Rally; Focus Shifts to Budget, BoE

British stocks edged lower on Friday, with the blue-chip FTSE 100 set to extend its fall in the previous session, as markets cooled after a record...

Pound Heads for Worst Monthly Performance since July
Pound Heads for Worst Monthly Performance since July

The pound headed for its worst performance against the dollar since July on Friday, while also wallowing at 2-1/2-year lows against the euro,...

INR Holds above Record Low on State Bank USD Sales, Ends Month Flat
INR Holds above Record Low on State Bank USD Sales, Ends Month Flat

The Indian rupee fell on Friday but managed to hold above its all-time low on the back of intermittent dollar sales by state-run banks that also...

Yen Gets a Boost from Finance Minister, Pound Wilts
Yen Gets a Boost from Finance Minister, Pound Wilts

The yen rose on Friday after Japan's new finance minister said the government has been monitoring foreign exchange movements with a...

Gold Slips as Dollar Firms on Fed Rate Caution
Gold Slips as Dollar Firms on Fed Rate Caution

Gold prices slipped on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although the bullion was still set for...

October 30, 2025
Euro Zone Markets Steady as ECB Offers no Clues on Outlook
Euro Zone Markets Steady as ECB Offers no Clues on Outlook

European stocks, government bonds and the euro held steady on Thursday after the European Central Bank kept rates unchanged at 2%, as expected, as...

London Stocks Ease after Recent Gains; WPP Plunges on Profit Warning
London Stocks Ease after Recent Gains; WPP Plunges on Profit Warning

London-listed stocks fell on Thursday, as investors paused after a recent rally and scrutinized a number of corporate earnings reports from the...

Gold Gains as Dollar Retreat, Fed Rate Cut Buoy Appeal
Gold Gains as Dollar Retreat, Fed Rate Cut Buoy Appeal

Gold prices rose on Thursday, supported by dollar weakness and a Federal Reserve rate cut, while investors remained cautious about the outcome of a...

Yen Weakens as BOJ Offers Few Rate Clues; Investors Indecisive after Trump-Xi Deal
Yen Weakens as BOJ Offers Few Rate Clues; Investors Indecisive after Trump-Xi Deal

The yen fell on Thursday after the Bank of Japan (BOJ) left rates unchanged, while other currencies held in tight ranges as investors weighed a...

October 29, 2025
GBP at Weakest in Months Versus USD, Lowest in Years against EUR
GBP at Weakest in Months Versus USD, Lowest in Years against EUR

The pound hit its weakest in nearly three months against the dollar and in more than two years versus the euro on Wednesday as rising expectations...

INR Nudges Up, Forward Premiums Slip Heading into Fed Policy Decision
INR Nudges Up, Forward Premiums Slip Heading into Fed Policy Decision

The Indian rupee closed modestly higher on Wednesday as likely central bank intervention supported the currency in face of month-end dollar bids,...

FTSE 100 Hits Record High on Strong Forecasts from GSK, Next
FTSE 100 Hits Record High on Strong Forecasts from GSK, Next

London stocks gained on Wednesday, with the blue-chip FTSE 100 advancing to a record high for a second consecutive session, on the back of strong...

Europe Shares Edge Higher; Earnings, Fed's Rate Decision in Focus
Europe Shares Edge Higher; Earnings, Fed's Rate Decision in Focus

European shares edged higher on Wednesday, with investors assessing a slew of corporate earnings while awaiting the U.S. Federal Reserve's rate...

Dollar Strengthens as Traders Process Trade Talks and Fed
Dollar Strengthens as Traders Process Trade Talks and Fed

The dollar ticked up against European peers on Wednesday, particularly the pound, helped by signs the U.S. and China are set to agree a trade war...

Gold Gains more than 1% as Investors await Fed Verdict, Powell Speech
Gold Gains more than 1% as Investors await Fed Verdict, Powell Speech

Gold rebounded more than 1% on Wednesday as investors found the metal attractive after prices fell to a three-week low in the previous session,...

Japan's Nikkei Crosses 51,000 for 1st Fime on Tech Optimism
Japan's Nikkei Crosses 51,000 for 1st Fime on Tech Optimism

Japan's Nikkei share average surged past the key 51,000 level for the first time on Wednesday, underpinned by investor optimism over artificial...

October 28, 2025
Sterling Slips as UK's Fiscal Hole Brought into Focus
Sterling Slips as UK's Fiscal Hole Brought into Focus

The pound slipped versus the dollar and the euro on Tuesday as the UK's fraught fiscal backdrop was brought into stark focus again, ahead of...

UK's FTSE 100 Touches new Peak as HSBC Shines
UK's FTSE 100 Touches new Peak as HSBC Shines

The UK's FTSE 100 hit an all-time high on Tuesday, helped by a jump in HSBC's shares after the lender boosted its income outlook, while...

Dollar Slips as Traders Brace for Trump-Xi, Cenbank Meetings
Dollar Slips as Traders Brace for Trump-Xi, Cenbank Meetings

The dollar was weaker on Tuesday ahead of a slate of central bank meetings that will likely lead to a rate cut in the U.S. and as investors kept a...

Rupee Ends nearly Flat, Cenbank Intervention Blunts Pressure
Rupee Ends nearly Flat, Cenbank Intervention Blunts Pressure

The Indian rupee closed little changed on Tuesday as lingering pressure on the currency was blunted by likely central bank intervention across the...


Financial markets - huge opportunities for capital increase

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