easy-accordion-free domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u144920493/domains/currencyveda.com/public_html/wp-includes/functions.php on line 6114wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u144920493/domains/currencyveda.com/public_html/wp-includes/functions.php on line 6114On Monday, the Multi Commodity Exchange (MCX) saw gold prices leap to an intraday record as investors flocked to safe-haven assets in the wake of the US and European banking crises. The price of the precious metal increased to 60,455 per 10 gm (excluding 3% GST) on the MCX, while it reached a 31-month high…
This week, there were a lot of bumps on the financial markets because people were worried about the health of the banking sector. The EUR/USD pair traded between 1.0515 and 1.0759 before settling above 1.0600, which was just a little bit lower than where it started on Monday. A banking catastrophe in the makes After…
Due to the US bank crisis, gold prices today on the MCX reached a lifetime high of 59,461 per 10 gm, surpassing the previous high of 58,847 per 10 gm set on Friday. The yellow metal price increased by $1,414 per 10 gm during the weekend session to conclude at 59,420, marking a weekly gain…
The current week saw a mixed performance from the Indian market, with the upheaval in the world’s banks primarily coming from the US and Europe. On the week of March 13 to March 17, both the Sensex and the Nifty both fell by around 2%. Sensex is trading below 58,000 at the moment, and the…
This week, stress in the U.S. banking system spread to Europe, making things worse for Credit Suisse, which was already in trouble. The European lender has had trouble for a long time. But on Wednesday, the problems with the bank became very clear. After a crazy 24 hours in which the bank’s stock price dropped…
Gold rate today: Because the bank crisis is getting better and the European Central Bank (ECB) raised interest rates for the sixth time in a row, the price of gold and silver went up in early morning trades. Gold price came closer to its all-time high of 58,847 per 10 gm and hit an intraday…
As the USD Index continues to lose steam, EUR/USD has kept rising above 1.0640. After taking into account lower inflation in February and new banking instability, the Federal Reserve might keep interest rates the same. Technical Overview The EUR/USD bounced back from a key support (Fibonacci retracement, a key horizontal support band, and the 100-day…
After having a mixed response to the ECB’s 50 bps hike and President Lagarde’s comments on the policy outlook, EUR/USD has gotten back on track and is now up for the day above 1.0600. The USD seems to be losing ground because the market’s mood is getting better, which helps the pair move up. Technical…
The rupee is anticipated to experience more pressure due to the risk-off attitude on global markets brought on by the Credit Suisse disaster. The domestic currency decreased slightly towards 82. 79 in postmarket transactions after closing at 82. 61 on Wednesday’s interbank foreign exchange market.According to bankers, since issues have been percolating within the banking…
The American financial and banking crisis, which is threatening to spread globally, is fueling safe-haven flows towards the US dollar, which has caused the USD/CAD to rise. With growing concerns about a financial catastrophe, the bankruptcy of two American banks prompted a sell-off in Credit Suisse’s (CS) stock. As a result, the USD/CAD is currently…
