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...
The Australian Dollar appreciates following the release of the Export Price Index on Thursday. Australian Bureau of Statistics showed export prices rose by 3.6% QoQ in...
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...
Federal Reserve leaves rates unchanged at 4.25%-4.50% as expected. Fed statement removes prior language on inflation progress, signaling a cautious approach. AUD/USD drops to 0.6220 as...
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....
The Canadian Dollar lost 0.25% against the Greenback on Wednesday. The Bank of Canada cut interest rates by another 25 bps, to 3%. The BoC also...
Bank of Canada (BoC) is expected to cut its policy rate by 25 bps. The Canadian Dollar remains on the defensive against the US Dollar. Headline...
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...
Gold stabilizes on Wednesday after a near 1% recovery the previous day. All eyes are on the Federal Reserve interest rate decision later in the day. ...
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 Australian Dollar depreciates following the release of softer CPI data on Wednesday. Australia’s Monthly CPI for December 2024 increased by 2.5% YoY, remaining within the...
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...
Mexican Peso recovers from a sharp decline due to US trade threats, showing market resilience. Despite improved risk sentiment, Trump’s reaffirmed tariff plans on key industries...
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...
The Dollar Index gains traction, hitting a fresh weekly high above 108.00 as market sentiment deteriorates. US Durable Goods Orders disappointed, declining by 2.2% in December,...
The Dow Jones extended 250 points on Tuesday at its peak. The Fed’s latest rate call looms ahead in the midweek. Tariff threats from US President...
The US Dollar gets to keep gains but refrains from adding more. US Durable Goods fall below expectations. The US Dollar Index (DXY) hitted a fresh...
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...
Gold pulls back after Tuesday’s rally on increased geopolitical risk stemming from Iran’s escalation in the Middle East. The macro backdrop remains positive, however, with falling...
The Australian Dollar gains ground as the RBA is widely expected to hold a hawkish stance regarding its policy outlook. The AiG Industry Index eased in...