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Forex
Dow Jones Industrial Average holds near flat post-Fed rate hold
The Dow Jones held flat but with a bearish tinge on Wednesday, trapped in a near-term consolidation zone.Equities were largely unaffected by the Fed's latest…
Trump signals possible Iran talks, says “anything could happen” in Middle East
United States (US) President Donald Trump said that he would hold a meeting to discuss the Iran-Israel conflict and reaffirmed that Iran should have made a…
EUR/JPY retreats from YTD high amid softer Eurozone CPI, cautious BoJ
EUR/JPY weakens for a second day, slipping below recent peaks amid cooling Eurozone inflation.Eurozone headline CPI confirmed at 1.9% in May, falling below…
Banks gain on Wednesday morning ahead of Fed interest rate decision: Goldman Sachs, JPMorgan
Goldman, JPMorgan stocks advance 2% on Wednesday.
US regulators are looking into lowering a key capital ratio that would help big banks.
FOMC to release…
USD/INR steady below recent peak as Middle East tensions and Fed policy steer sentiment
USD/INR trades flat near 86.53, slightly below the previous day’s high, as earlier gains fade amid cautious trading ahead of the Federal Reserve’s interest…
GBP/USD rebounds as Fed, BoE decisions loom amid geopolitical jitters
GBP/USD climbs to 1.3452 as traders digest US jobless claims and housing slump.UK inflation cools slightly; core CPI dips to 3.5% YoY in May.Fed and BoE…
Federal Reserve set to leave interest rates unchanged as uncertainty clouds economic outlook
The Federal Reserve is expected to leave the policy rate unchanged for the fourth consecutive meeting.The revised Summary of Economic Projections, which…
USD/JPY Price Forecast: Bulls are taking control, aiming for 145.35 and 146.00
USD/JPY appreciates for the third consecutive day, approaching 145.35 resistance.The Yen is trimming gains after a positive reaction to the BoJ's…
USD trades mixed amid market uncertainty – Scotiabank
The US Dollar (USD) is trading narrowly mixed amid subdued FX turnover, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.USD narrowly…
CAD holds minor gain on USD – Scotiabank
The Canadian Dollar (CAD) is a mild outperformer on the session, catching a modest bid alongside the Australian Dollar (AUD) and New Zealand Dollar (NZD),…