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Forex
AUD/USD falls below 0.6600 as US Dollar rebounds ahead of RBA speech
The Australian Dollar (AUD) weakens on Thursday, trading at 0.6550 against the US Dollar (USD), down 0.50% at the time of writing. The Aussie gives up its early gains as the…
GBP/USD falls to two-month low as US Dollar momentum strengthens
EUR/USD accelerates its bearish trend on Thursday, down for the fourth consecutive day, and retreating to two-month lows around 1.1580 on the back of the intense move higher in the…
GBP/USD falls to two-week low as DXY surges on bearish Euro, Yen bets
The GBP/USD tumbles during the North American session as the Greenback reaches a 9-week high as depicted to the US Dollar Index (DXY), hitting 99.39 as hedge funds increase bets on…
EUR/USD extends slide below 1.1600 amid French political turmoil and stronger US Dollar
The Euro (EUR) remains under broad selling pressure against the US Dollar (USD) on Thursday, extending losses below the 1.1600 mark as the abrupt resignation of French Prime…
Euro trims losses against Swiss Franc after ECB Monetary Policy Accounts reaffirm steady stance
The Euro (EUR) edges higher against the Swiss Franc (CHF) on Thursday, erasing earlier losses after a volatile start to the day. At the time of writing, EUR/CHF is trading around…
Gold holds steady near record highs amid Fed cut bets and prolonged US shutdown
Gold (XAU/USD) steadies on Thursday after smashing through the $4,000 psychological mark and setting a fresh all-time high of $4,059 on the previous day. At the time of writing,…
USD consolidates recent gains as markets eye BoC – Scotiabank
This week’s US Dollar (USD) rally is showing signs of exhaustion and movement among most of the G10 currencies is limited as we head into Thursday’s NA session, Scotiabank's Chief…
USD/JPY fails to rally beyond 153.00, remains steady above 152.40
The US Dollar is trimming some gains against the Japanese Yen on Thursday, after failing to find acceptance beyond 153.00 at the European session opening. The pair, however,…
BoJ should be careful about raising interest rates
Etsuro Honda, an economic adviser to Japan’s ruling Liberal Democratic Party (LDP) newly elected leader Sanae Takaichi, warned on Thursday that “ the Bank of Japan (BoJ) should be…
Monetary policy must remain restrictive for longer
Bank of England (BoE) policymaker Catherine Mann said on Thursday that the monetary policy must remain restrictive for longer to create an environment conductive to growth, per…