EUR/GBP trades on a stronger note for three straight days near 0.8605 on Thursday. The BOE is anticipated to keep its main interest rate at a 16-year high of 5.25% at its May meeting on...
NZD/USD gains ground after Chinese import shows rise in April. RBNZ indicated a delay in any potential rate cut until 2025. The higher US Treasury yields...
EUR/USD could lose ground due to hawkish sentiment surrounding the Fed’s policy stance. Fed officials indicated the likelihood of the Fed maintaining the higher rates for...
Gold price holds positive ground in Thursday’s Asian session. The rise in global gold demand, persistent central bank purchasing, and safe-haven flows might continue to boost...
The Australian Dollar extends its losses due to a less hawkish stance by the RBA. Australian Retail Sales declined in the first quarter, swinging from the...
USD/JPY gains ground near 155.60 amid a modest rebound of USD on Thursday. Many Japanese policymakers called for for steady interest rate to avoid the risks of inflation...
Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting on April 25 and 26, with the key findings noted below....
GBP/USD trades on a softer note near 1.2495 in Thursday’s early Asian session. Fed’s Collins emphasized the need to stay higher for longer, as it will take...
The US Dollar outperforms against most major Asian peers on Wednesday. Traders are gearing up for back-to-back Fed speakers lined up. The US Dollar Index trades...
AUD/JPY could continue its winning streak due to improved risk appetite. The Australian Dollar depreciated due to the less hawkish RBA despite higher inflation in March. The...
Warren Buffett shares insights on the future of Berkshire Hathaway, the potential dangers of AI, and his timeless investment philosophy in the wake of Charlie Munger’s passing. The...
Here is what you need to know on Wednesday, May 8: The US Dollar (USD) stays resilient against its rivals early Wednesday after posting marginal gains...
Japanese Finance Minister Shunichi Suzuki said on Wednesday that he will closely monitors currency fluctuations with a sense of urgency. Suzuki further stated that he will...
Gold price extends its decline amid the renewed USD demand on Wednesday. Investors place lower bets on the potential Fed interest rate cuts in 2024. The...
The Australian Dollar lost ground after the RBA’s policy decision to keep its interest rate unchanged. The Australian Central Bank maintained its forward guidance of “not ruling...
EUR/USD continues to lose ground due to the hawkish sentiment of the Fed prolonging elevated policy rates. Fed’s Kashkari said that the most likely scenario is...
Bank of Japan (BoJ) Governor Kazuo Ueda spoke in the Japanese parliament on Tuesday. Ueda warned of the potential need for policy response due to foreign exchange impacts and he...
USD/JPY gains traction near 154.75 in Wednesday’s early Asian session. Fed’s Kashkari noted the Fed might stand put on rates and open the door for hiking if inflation doesn’t ease. BoJ...
The US Dollar trades in the green though starts to ease again at the start of the US session. Traders are sending Greenback higher on a...
WTI price could appreciate due to fear over supply risk amid escalated tension in the Middle East. Israel conducted a strike on Rafah in Gaza during...