Author: <span>backcom_webt</span>

The Indian rupee fell below 86/USD due to the U.S. economy’s recovery and weak capital inflows.

The Indian rupee has been facing continuous depreciation in recent months, influenced by factors such as the strong recovery of the U.S. economy, weak capital flows, and the potential for changes in exchange rate policy. RUPEE FALLING UNDER THE PRESSURE OF WEAK CAPITAL FLOWS On January 13, the Indian rupee fell below the 86 per […]

Global Financial Market Volatility: Stocks Plunge, Oil Prices Surge, and Pressure from the U.S. Dollar

Global financial markets have recently experienced notable fluctuations, with sharp movements in stocks, the U.S. dollar, and oil prices, while economic and political factors continue to exert pressure on investors. STOCKS SLIDE AS THE DOLLAR HITS A 14-MONTH HIGH Following a surprising jobs report, Asian stocks plunged early this week, while the U.S. dollar climbed […]

US Dollar Rises Amid Strong Jobs Data, Supporting Fed Rate Pause Expectations

The U.S. dollar surged on Friday, following stronger-than-expected employment data and rising consumer inflation expectations. The data reinforced expectations that the Federal Reserve will pause its rate-cutting cycle during its policy meeting later this month, driving the greenback to its highest levels against several currencies. U.S. JOBS REPORT SURPASSES FORECASTS The U.S. economy added 256,000 […]

Donald Trump avoided jail time or punishment when he was convicted of hush money charges days before the inauguration

NEW YORK, Jan 10 (Reuters) – U.S. President-elect  Donald Trump will not go to jail or face any other punishment for his criminal conviction stemming from hush money paid to a porn star, a judge ruled on Friday but said Trump’s Jan. 20 inauguration would not erase the jury verdict. Justice Juan Merchan’s sentencing of Trump, 78, […]

Trump Tariff Tensions: Markets Under Pressure from Mounting Risks

LONDON, Jan 8 (Reuters) – From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump’s promise to jack up tariffs when he becomes U.S. president in less than two weeks. Trump has pledged tariffs of as much as 10% on global imports and 60% on Chinese goods, plus a 25% […]

MOTIVE WAVE | Complete Elliott Wave Theory

Motive wave – The movement of waves in the direction of the ongoing trend in five waves. This is one of the two types of waves that make up the Elliott wave. To learn more, let’s dive into today’s article by Forex! 1. WHAT IS A MOTIVE WAVE (IMPULSE WAVE)? A motive wave (impulse wave) […]