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Forex
Australia’s Judo Bank Manufacturing PMI remains steady at 49.6 in May, Services PMI drops to 53.1
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) remained steady at 49.6 in May from 49.6 in April, the latest…
Canadian Dollar swoons on Wednesday after FOMC sparks Greenback bid
Canadian Dollar is broadly softer as CAD loses defensive posture.
Canada brings only low-tier data until Friday’s Retail Sales.
US Home Sales disappoint,…
USD/JPY Price Analysis: Faces strong resistance as bulls target 157.00
USD/JPY erases Tuesday's losses, trading at 156.67, up 0.31% after Fed minutes indicate possible rate hikes.
Technical outlook shows resistance at May 14…
Gold drops under $2,400 amid hawkish Fed minutes and trader sell-off
Gold trades down more than 1% after hitting a high of $2,426.
US Treasury yields rise following hotter-than-expected UK inflation data.
Wall Street Journal…
Mexican Peso recovers ahead of FOMC meeting minutes
Mexican Peso registers losses as USD/MXN trades at 16.68, up more than 0.30%.
Federal Reserve meeting minutes showed that officials could raise rates if…
Dow Jones Industrial Average hunkers down ahead of Fed minutes
Dow Jones tepid on Wednesday as investors await FOMC Meeting Minutes
Hopes for a September rate cut are beginning to dry up.
US PMI, Durable Goods Orders…
Fed Minutes Preview: Markets to look for hints over interest-rate cuts as officials keep hawkish tone
The Fed will release the minutes of the April 30-May 1 policy meeting on Wednesday.
Jerome Powell and co’s discussions surrounding the inflation outlook…
AUD/USD Price Analysis: Posts fresh five-day low near 0.6640
AUD/USD refreshes five-day low near 0.6640 amid cautious market mood.
Investors await the FOMC minutes to project the next move in the US Dollar.
US bond…
GBP/USD Price Analysis: Stays bullish despite retreating from two-month highs
GBP/USD clings to earlier gains after UK CPI data.
Immediate resistance at 1.2800 remains elusive for buyers.
Support at 1.2700; once cleared, GBP/USD…
Oil as session’s low ahead of this week’s EIA numbers
Oil slides lower again in volatile Wednesday.
Norway, Ireland and Spain said they will recognize a Palestinian state on May 28.
The US Dollar Index is…