USD/CAD trades lower despite a sharp decline in the US Dollar after the US Q4 GDP and Initial Jobless Claims data. The US economy rose at...
AUD/USD trades sideways above 0.6200 ahead of US Q4 GDP data. The Fed guided a cautious stance on interest rates amid fears of stalling disinflation trend....
The Pound Sterling trades sideways against the US Dollar on Thursday as investors focus on the US Q4 GDP data. US President Trump vows to lower...
EUR/USD remains on tenterhooks around 1.0420 as the ECB’s policy meeting looms large. The ECB is expected to cut interest rates by 25 bps and deliver...
The United States Gross Domestic Product is expected to grow at an annualised rate of 2.6% in Q4 2024. The US economy is expected to keep...
USD/CAD attracts some dip-buyers on Thursday, though it lacks bullish conviction. The BoC’s dovish stance and bearish Oil prices continue to undermine the Loonie. Declining US...
It is the first meeting since July that rates have not been cut. The Federal Open Market Committee (FOMC) made no changes to the federal funds...
The Japanese Yen continues to be underpinned by bets on more BoJ rate hikes. The narrowing US-Japan yield differential further benefits the lower-yielding JPY. The Fed’s...
Gold prices show modest reaction to Fed’s rate hold, hinting at future rate hike pauses. Fed Chair Powell adopts patient stance on policy, influenced by changing...
EUR/USD saw an uptick in volatility, but little in the way of daily change. Fed held rates steady as rate futures broadly anticipated. Fed Chair Powell...
GBP/USD tested lower, but recovered to nearly flat on the day post-Fed. Fed held rates steady as rate futures broadly anticipated. Fed Chair Powell: the Fed...
The Dow Jones is trading flat through Wednesday as markets await Powell. The Fed is widely expected to stand pat on interest rates for this meeting....
GBP/USD weakens further as markets brace for Fed decision The Pound Sterling extended its losses on Wednesday as the Greenback remains firm ahead of the US...
The Federal Reserve is widely expected to leave monetary policy settings unchanged following the January meeting. Fed Chairman Powell’s presser could provide important clues about the...
AUD/USD declines to near 0.6220 as soft Australian CPI data has boosted RBA dovish bets. Year-on-year Australian CPI rose at a slower pace of 2.4% in...
Pound Sterling underperforms USD ahead of Fed’s policy decision The Pound Sterling (GBP) falls slightly to near 1.2400 against the US Dollar (USD) in Wednesday’s European session....
Gold price consolidates in a narrow band on Wednesday amid mixed fundamental cues. A positive risk tone caps the XAU/USD, though sliding US bond yields lend...
The Japanese Yen is undermined by concerns about the economic fallout from Trump’s tariff. A positive risk tone also dents demand for the safe-haven JPY and...
The Canadian Dollar stuck to familiar levels on Tuesday. The Bank of Canada and the Federal Reserve are both due this week. The Loonie’s rate differential...
EUR/USD falls sharply to near 1.0420 as the safe-haven appeal of the US Dollar has strengthened in a risk-off environment. The Fed is expected to leave...