Indian Rupee loses momentum on Wednesday. Fed officials stick to a cautious approach, boosting the Greenback. The FOMC Minutes and Fed’s Goolsbee speech are in the...
Gold price trades with mild negative bias in Wednesday’s early Asian session. The cautious approach from Fed officials weighs on precious metals. Gold traders will monitor...
Federal Reserve Bank of Cleveland President Loretta Mester spoke at “Central Banking in the Post-Pandemic Financial System” on Wednesday. Mester said that keeping rates restrictive is...
Federal Reserve Bank of Boston President Susan Collins spoke at “Central Banking in the Post-Pandemic Financial System” on Wednesday. Collins said that progress toward interest rate adjustment will take...
The US Dollar trades mixed on Monday with no clear direction in the European session. The Greenback is not soaring despite the risk-off sentiment in markets. ...
The Japanese Yen depreciates due to hawkish sentiment surrounding the Fed maintaining higher rates for longer. Japanese Finance Minister Shunichi Suzuki voiced worries regarding the adverse...
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The Dow Jones Industrial Average made history this past Thursday, reaching the 40,000-point mark for the first time ever. It broke over 40,000 at about 10:30...
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s President and...
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s President and...
The Australian Dollar extends losses due to risk aversion sentiment on Tuesday. Australia’s Consumer Confidence fell 0.3% MoM in May, marking the third consecutive month of decline....
The Australian Dollar extends losses due to risk aversion sentiment on Tuesday. Australia’s Consumer Confidence fell 0.3% MoM in May, marking the third consecutive month of decline....
Indian Rupee edges lower amid renewed USD demand on Tuesday. The ongoing Indian equity outflows might weigh on the INR. Speeches by Fed’s Waller, Williams, Barr,...
Gold price trades on a weaker note on Tuesday amid the rebound in the USD. The hope for Fed rate cuts, rising geopolitical risks, and strong gold demand...
The Reserve Bank of Australia (RBA) published the Minutes of its May monetary policy meeting on Tuesday, highlighting that the board members considered whether to raise rates and judged...
Japanese Finance Minister Shunichi Suzuki said on Tuesday that there are both advantages and disadvantages of the weak Japanese Yen (JPY), but he is more concerned about the negative aspects of...
GBP/USD holds positive ground around 1.2710 in Tuesday’s early Asian session. Fed officials remain cautious about the timing of rate cuts, emphasizing the need to hold rates higher for...
The US Dollar eases further at the start of a fresh week. The Greenback pulls back with risk on sentiment taking over. The US Dollar Index...
USD/CAD trades on a softer note near 1.3605 in Monday’s early Asian session. Canada’s CPI inflation data is estimated to ease to 2.8% YoY in April from...
Gold price gains ground after reaching a record high on Monday. The hopes for Fed rate cuts and escalating Middle East tensions boost safe-haven assets like...
NZD/USD holds ground after NZIER Monetary Policy Shadow Board advised the RBNZ to keep the OCR unchanged at 5.5%. The US Dollar faces a challenge as...