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Forex
US Treasury Sec. Bessent: Good chance of 50 basis point rate cut
In an interview with Bloomberg on Wednesday, United States (US) Treasury Secretary Scott Bessent said that there is a good chance that the Federal Reserve…
Gold holds above $3,350 as mild inflation data weighs on US Dollar
Gold prices stay well bid above $3,350, underpinned by a softer US Dollar.Softer-than-anticipated headline inflation and slightly higher core readings keep the…
NZD/USD: Upward momentum is building – UOB Group
Softer underlying tone is likely to lead to New Zealand Dollar (NZD) trading in a lower range of 0.5925/0.5955. In the longer run, upward momentum is building,…
USD/JPY: Might rise and test 148.75 – UOB Group
US Dollar (USD) could rise and test 148.75 against Japanese Yen (JPY); a break above this level is not ruled out, but USD is unlikely to threaten 149.20. In…
USD/CNH: Major resistance at 7.2100 is unlikely to come into view – UOB Group
US Dollar (USD) could rise and test 7.2010 against Chinese Yuan (CNH); the major resistance at 7.2100 is unlikely to come into view. In the longer run, USD is…
USD/CAD crawls higher, approaches 1.3800 ahead of the US CPI release
The US Dollar remains firm with all eyes on US consumer inflation figures.The Canadian Dollar struggles with Oil prices near two-month lows.US inflation is…
AUD/USD slumps to near 0.6500 as RBA guides expansionary monetary policy path
AUD/USD falls sharply to near 0.6500 as the RBA guides a dovish monetary policy outlook.The RBA cut its OCR by 25 bps to 3.6%, as expected.Investors await the…
RBA: A step closer to terminal rates – Standard Chartered
RBA unanimously cut the cash rate by 25bps to 3.60% as the economy comes into better balance. The central bank is likely to remain data-dependent, as opposed…
Compared to estimates, strategic education (STRA) Q2 earnings: A look at key metrics (Revised)
Strategic Education (STRA - Free Report) reported $321.47 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 3%. EPS…
Gold Price Forecast: XAU/USD reversal from $3,400 found support at $3,340
Gold finds support at $3,340 with upside attempts limited for now.The precious metal wavers without a clear bias as investors await US inflation…