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Forex
USD/CAD drops on higher Crude oil prices, edges lower to near 1.3470
USD/CAD appreciates as the Fed reaffirms expectations for three interest rate cuts in 2024.
Higher WTI price could have contributed to underpinning the…
Japan’s Hayashi: Closely monitoring FX moves with urgency
Japan’s Chief Cabinet Secretary Hayashi said on Thursday, he is “closely monitoring FX moves with urgency.”
Additional comments
Important for currencies to…
PBOC Deputy Governor: There still room for cutting RRR
People's Bank of China (PBOC) Deputy Governor said on Thursday that “there is still room for cutting the Reserve Requirement Ratio (RRR).
Further comments…
ASX 200 drops to near 7,740 amid positive Aussie employment data
ASX 200 retraces its intraday gains amid positive Australian employment figures.
Australia's private sector activity marked its second consecutive month of…
GBP/USD gains ground near the 1.2800 barrier, BoE rate decision eyed
GBP/USD trades strongly near 1.2797 amid the softer USD.
The Fed held interest rates steady as expected on Wednesday and hinted at multiple rate cuts…
AUD/USD climbs after Fed’s decision, ahead of Aussie’s job data
AUD up 0.83% vs. USD after Fed holds policy steady.
Wall Street up, praises US economy, labor strength post-Fed.
US 10-year yield dips, Dollar Index down,…
US Dollar declines to weekly lows after Fed’s decision and Powell’s presser
The Fed decided to hold rates at 5.25-5.50% as expected.
The bank revised higher GDP and inflation forecasts.
The official's interest rate expectations for…
Forex Today: A dovish Fed boosts the risk appetite
The Greenback halted its ongoing recovery and retreated markedly after the Fed left its interest rates unchanged and Powell delivered a dovish message, all…
Australia unemployment rate expected to decline to 4% after January’s rebound
The Australian Unemployment Rate is expected to have eased to 4% in February.
Employment Change is foreseen to bounce after January's disappointing 0.5K…
Gold surges as Fed stands pat on interest rates
Gold rallies and trades between $2,150 and $2,180 after the Federal Reserve's latest policy meeting.
Fed keeps interest rates steady but adjusts its…