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 Indian Rupee strengthens in Thursday’s Asian session. Likely RBI intervention might help limit the INR’s losses. The advanced US Q4 GDP report is due later...
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...
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 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...
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...
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 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...
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...
Following his meeting with US Secretary of State Antony Blinken early Friday, China’s Foreign Minister Wang Yi said that the Sino-US “relationship has stabilized but negative...
Share: US Commerce Secretary Gina Raimondo said on Tuesday she does not expect any revisions to U.S. tariffs on China imposed during President Donald Trump’s administration...
Share: Early Wednesday in Asia, China’s embassy in the US defended its cybersecurity review on the US chipmaker Micron by citing the national security concerns, especially...
Share: China’s Ambassador to Washington Xie Feng crossed wires late Wednesday, via Reuters, while speaking at the Aspen Security Forum where he criticized the US consideration...
Share: USD/MXN struggles to defend corrective bounce off the lowest levels since December 2015. Remittances to Mexico hit record high in May, US Dollar’s struggle add...
Australian Trade Minister Don Farrell said on Monday he would travel to Beijing at China’s invitation, as they are working with China to resume full trade....
The Democratic leader of the US Senate urged lawmakers on Monday to back his proposal to bar the US government from doing business with companies that...