Gold (XAU/USD) tumbles nearly 2% on Friday, yet it has recovered after reaching a daily low of $4,032 on growing speculation that the Federal Reserve […]
Tag: Plunges
GBP/USD plunges as Israel-Iran conflict rattles markets, boosts US Dollar
GBP/USD drops over 0.40%, pressured by weak UK data and BoE-Fed policy divergence, which favors the Dollar’s strength. Israel strikes Iranian nuclear and military sites; […]
Gold plunges 3% weekly as trade policies, recession fears fuel USD rally
Gold drops over 1% Friday as USD strengthens, hitting 10-day high at 107.66. XAU/USD falls to $2,845 as Fed rate-cut bets rise Trump confirms 25% […]
Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
USD/MXN rises 0.22% to 20.52 as tariff fears weigh on sentiment. Mexico’s trade deficit widens and unemployment ticks higher, adding to economic concerns. Banxico’s dovish […]
Bus plunges into ravine in Guatemala, killing at least 54
Firefighter volunteers work at the site of a bus crash in Guatemala on Monday. Photo by David Toro/EPA-EFE Feb. 10 (UPI) — A bus plunged […]
Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by […]
Mexican Peso plunges to two-week low as USD/MXN hovers around 18.50
Mexican Peso trims losses but still set for over 2% weekly decline. US PCE Price Index signals steady inflation, boosting Fed rate cut expectations. Judiciary […]
Bitcoin Plunges to $54,000 as Mt. Gox Moves $2.6 Billion Worth of BTC
Bitcoin’s price slumped for the fourth consecutive trading day after Mt. Gox moved a sizable amount of BTC to a new wallet, possibly readying for […]