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Forex
Breaking: RBNZ leaves interest rate unchanged at 5.50%, as widely expected
The Reserve Bank of New Zealand (RBNZ) board members decided to leave the Official Cash Rate (OCR) unchanged at 5.50%, following the conclusion of the May…
Fed’s Mester: Holding steady now, healthy jobs market
Federal Reserve Bank of Cleveland President Loretta Mester spoke at “Central Banking in the Post-Pandemic Financial System” on Wednesday. Mester said that…
Fed’s Collins: Progress needed for interest rate adjustment will take longer
Federal Reserve Bank of Boston President Susan Collins spoke at “Central Banking in the Post-Pandemic Financial System” on Wednesday. Collins said that…
Gold retreats from peak high amid Fed wary stance
Gold slumps below $2,430, down 0.28% after reaching an all-time high of $2,450.
US Treasury yields decline with 10-year TIPS yield dropping three basis…
Silver Price Analysis: XAG/USD edges up yet remains below $32.00
Silver is up 0.47%, just below Monday's eight-year high of $32.51.
Strong upward momentum continues; RSI suggests further gains possible despite overbought…
Dow Jones Industrial Average found slim gains in quiet Tuesday session
Dow Jones holding steady just below 39,900.00 as investors await meaningful data.
Despite chilling Fedspeak, investor hopes for rate cuts remains high.
US…
Forex Today: No progress ahead of FOMC Minutes
What you need to take care of on Wednesday, May 22:
Financial markets made no progress on Tuesday, with major pairs holding on to familiar levels and within…
Mexican Peso falls as data hints economic deceleration
Mexican Peso edges down 0.30% against US Dollar, trading at 16.64.
Mexico's April Economic Activity Indicator shows minimal growth with Q1 2024 GDP expected…
Canadian Dollar backslides on Tuesday after Canadian CPI inflation cools
Canadian Dollar moves broadly lower as inflation tempers in April.
Canada finds easing price pressures, odds of BoC June rate cut rise.
Canadian Retail…
US Dollar trades on backfoot, investors eye FOMC minutes and incoming data
Dollar Index trades at 104.6, registering mild losses in Tuesday's trading.
USD is trading sideways as a cautious Fed is hesitant on premature easing.
The…