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...