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Forex
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…
NZD/USD falls below 0.5800 as traders adopt caution ahead of Fed Powell’s speech
NZD/USD extends its losses for the third successive session, trading around 0.5770 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) gains ground…
WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.24 per barrel, up from Wednesday’s close at $61.92.Brent Oil Exchange…
Australian Dollar holds gains as US Dollar remains subdued on Fed rate cut odds
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session. The AUD/USD pair gains ground following the…
Gold price in Pakistan: Rates on October 9
Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 36,753.40 Pakistani Rupees (PKR) per gram, down compared with the PKR…
USD/CAD holds losses below 1.3950 as Fed policymakers lean toward dovish stance
USD/CAD loses ground after two days of gains, trading around 1.3940 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) loses ground after the latest…