As per inputs from reliable agency, the ‘Dollar’ maintained its firm stance on 30th December 2024. Whereas, the Japanese yen traded around five-month lows, as global currencies headed to the end of a year characterized by diverging central bank outlooks. The dollar index, which measures the greenback against a basket of six other major currencies, […]

Since the last fiscal quarter, the United States has officially started to cut interest rates. This is not surprising, but the extent of the rate cut exceeded many expectations. Even so, the Federal Reserve, the central banking system of the US (colloquially referred to as “the Fed”) envisions four more rate cuts in 2025 and […]