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Forex
Australian Dollar edges lower as investors adopt caution ahead of US GDP
The Australian Dollar loses ground due to investors' caution ahead of US GDP due on Thursday.
Australia's 10-year Government Bond Yield reaches a four-week…
USD/INR extends its downside, eyes on US GDP data
Indian Rupee weakens for the fourth consecutive day on Thursday.
The USD demand from importers, India’s election-related risks and foreign outflows in…
RBA’s Hunter: Agree with the Treasury forecast on inflation
Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said early Thursday that “we agree with the Treasury forecast on inflation.”
Additional comments…
SNB’s Jordan:There is small upward risk to the central bank’s inflation forecast
Swiss National Bank (SNB) Thomas Jordan said early Thursday that there is a small upward risk to the bank's inflation forecast.
“There are reasons to believe…
NZD/USD drifts into the low side ahead of NZ 2024 budget release
New Zealand prepares for the latest NZ government budget announcement.
NZ’s Fiscal Strategy Report will release alongside NZ’s updated budget.
Investors…
GBP/USD holds below 1.2700 on firmer US Dollar, higher US yields
GBP/USD trades softer around 1.2695 on the firmer USD on Thursday.
Investors await the US Q1 GDP on Thursday, which is expected to expand by 1.3%.
A…
EURUSD tumbles back to 1.08 region, investors turn to US GDP and PCE inflation
EUR/USD backslid into 1.0800 on Wednesday as risk appetite withers.
German inflation figures mixed in May, vexing ECB rate cut hopes.
US GDP growth, PCE…
CHWY Stock News: Chewy’s rally just won’t stop, shares up 28%
Chewy reports Q1 earnings before the open on Wednesday.
CHWY stock shoots up 28% on tripling of net income.
Revenue beats consensus by $40 million, last…
AUD/NZD declines following higher inflation figures from Australia and soft ANZ data
The AUD/NZD declines to a low of 1.0815 after reaching a high of 1.0850 on Wednesday.
Australian high-tier data tempers RBA's dovish expectations, while…
Gold price slips as US yields soar and underpin the US Dollar
Gold falls 0.87%, pressured by climbing US Treasury yields.
Fed Governor Neel Kashkari's hawkish remarks underpin US yields, US Dollar.
Upcoming PCE…