Forex

The Australian Dollar gains ground due to the hawkish sentiment surrounding the RBA. Australia's Consumer Inflation Expectations for July posted a reading…

NZD/USD rebounds to 0.6090 in Thursday’s early Asian session.  The RBNZ held its policy rate at its July meeting and delivered a less hawkish tone.  Fed’s…

GBP/USD pushed back into the high end after Fed nods at inflation progress. BoE rate cut expectations also tick higher. Key US inflation data looms ahead.…

Dow Jones climbed above 39,550.00 as markets read between the lines. Fed Chair Powell wraps up two-day Congressional testimony. Markets look ahead to key…

AUD made mild gains on Wednesday against the USD. Markets are still deciphering Jerome Powell's cautious stance, which limits traction for USD. RBA's…

AUD/NZD witnessed a significant rise to 1.1090, to multi-year highs. The RBNZ kept rates steady at 5.5%, signaling a willingness to ease sooner rather than…

USD/JPY gains over 0.30%, buoyed by Powell's stance against rate cuts without clear disinflation. Technicals hint at resistance near the 162.00 mark; RSI…

Gold surges amid growing expectations of Fed rate cuts in September. US 10-year Treasury yield drops to 4.288%, while US Dollar Index falls below 105.00.…

JMIA advances another 9% on Wednesday, regains $12 threshold. Jumia stock has been in an uptrend since late February. Benchmark gives JMIA a $14 price…

The Reserve Bank of New Zealand surprised markets with a dovish tilt in communication as it kept rates on hold at 5.50% overnight, ING’s FX strategist…