The People's Bank of China (PBOC) has set the yuan reference rate at 6.7126 versus Friday's fix at 6.7796. Also Read: PBOC to lower FX risk reserve ratio to zero

Photo: FM India is looking to introduce a law to ban trade in cryptocurrencies, as the authorities sees a legal framework as being more effective after the Supreme Court overturned the government’s curb on the virtual asset class. A Bloomberg report stated that the government would lean on a previ

Japan's machine tool orders continued to fall at a sharp rate in August, albeit at a slower pace, preliminary data from the Japan Machine Tool Builders' Association showed on Wednesday. Machine tool orders decreased 23.3 percent year-on-year following a 31.1 percent slump in July. The pace of decl

U.S. STOCK MARKET: AMETEK [AME], AMAZON [AMZN], ANSYS  [ANSS], AQUABOUNTY TECHNOLOGIES [AQB], ARCTURUS THERAPEUTICS [ARCT], AEROVIRONMENT [AVAV] Price Technical Analysis Elliott Wave and Trading Levels - tradinglounge   AMETEK [AME] (NYSE) AMETEK, Inc. is an American global manufacturer of elect

The People's Bank of China (PBOC) has set the yuan reference rate at 6.9079 versus Tuesday's fix at 6.9183.

Asian stocks fell broadly on Thursday, with concerns over rising coronavirus infections and a cautious outlook from the U.S. Federal Reserve weighing on sentiment. Chinese shares fell as the U.S. suspended its extradition treaty with Hong Kong in a series of measures that escalate tensions betwee

S&P 500 Futures recover early-Asian session losses following its bounce off 3,347. The risk gauge cheers hopes of further stimulus, return of Japanese traders. Coronavirus woes, fears of escalating US-China tension gain a little attention. S&P 500 Futures rises to 3,354, up 0.05% on a day,

Markets continue to tread water today with little movements. European indices are fluctuating in tight range between gain and loss. US futures point to mildly higher open. In the currency markets, most major pairs and crosses are stuck in side Friday’s range. Swiss franc is currently weakest, follow

Photo: Bloomberg Multi-asset broker Saxo Bank has reported a slump in foreign exchange (forex) trading volumes for the month of July, joining a list of trading providers to report a drop from the unexpected surge seen in June of 2020. Across the month of July, the Danish broker recorded a monthly

Gold (XAU/USD) consolidates the post-Fed decision volatility, having faced rejection just below the record high of $1981.34. Investors resort to profit-taking after the dovish Fed induced surge. The bias, however, remains in favor of the bulls, as the US 10-year real yields meander near new life-tim