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Forex
EUR/USD rises to near 1.0450 due to rising odds of Fed keeping rates unchanged in January
EUR/USD appreciated as the US inflation report has reinforced the odds of the Fed adopting gradual policy easing in 2025.
CME FedWatch tool suggests a more…
Trump announces his picks for key positions in the administration
US President-elect Donald Trump is announcing his picks for key positions in his administration. Trump appoints Scott Bessent to lead the Treasury, Howard…
AUD/USD holds steady near 0.6250 ahead of RBA Minutes
AUD/USD flatlines near 0.6250 in Monday’s early Asian session.
The US PCE inflation reports came in softer than the expectations in November, weighing on…
Amgen stock gains on Novo Nordisk’s weightloss drug blunder
Amgen stock gains on drug results of Novo Nordisk.
Novo Nordisk's CagriSema drug reduced testings subjects' weight less than expected.
Amgen itself has…
Australian Dollar recovers as traders await RBA minutes next week
Aussie edges up 0.33%, consolidating around 0.6200.
Markets digest US PCE data for policy cues.
Fed is seen holding rates steady in early 2025.
The…
US Dollar edges lower after soft PCE data
DXY slips as profit-taking sets in, falling toward 107.80.
Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday.
The soft inflation…
USD/JPY retreats to 156.50 after reaching multi-month highs on softer US PCE data
USD/JPY retreats below 157.00 at the end of the week.
Traders dumped the USD after soft PCE data.
The Fed's hawkish outlook might limit the pair's…
Pound Sterling Price News and Forecast: GBP/USD rebounds towards 1.2540
The GBP/USD pair rebounded towards 1.2540 after the release of US inflation data and the Bank of England's (BoE) monetary policy decision on Thursday. While…
Fed’s Daly: Risks to the outlook are equally balanced
In an interview with Bloomberg on Friday, San Francisco Federal Reserve President Mary Daly said that she thinks the policy is in a good place.
Key takeaways…
USD slips, market jitters rise – Scotiabank
Markets are ending the week of a bit of a sour note. The USD has been clipped back somewhat in overnight trade as investors ponder a looming US government…