Forex

Gold price struggles to gain any meaningful traction and remains confined in a narrow range. Expectations for a less dovish Fed and elevated US bond yields…

The Australian Dollar remained steady after domestic consumer confidence showed signs of strain. Australia’s Westpac Consumer Confidence fell 2% in…

The Japanese Yen continues to be weighed down by reduced bets for a December BoJ rate hike. The recent surge in the US bond yields and a positive risk tone…

USD/CAD drifts lower to around 1.4235 in Tuesday’s Asian session.  Fed is likely to cut interest rates by 25 bps at the December meeting on Wednesday. BoC…

EUR/USD is trading thin and flat near the 1.0500 handle as bulls struggle. Another Fed rate call and other key US data will keep Fiber focused on the US…

The Australian Dollar holds above 0.6350 in the Asian session. US Dollar slips as markets anticipate a Fed interest rate cut. Preliminary US PMIs failed to…

Mexican Peso hovers near the 50-day SMA at 20.11, with the USD/MXN showing minimal movement after US PMIs data. Banxico is widely anticipated to cut rates…

Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic…

European Central Bank (ECB) Executive Board member Isabel Schnabel hit wires on Monday, cautioning that while lowering rates is the goal, the ECB still needs…

The DXY trades slightly lower on Monday. Markets digest recent inflation data and strong S&P PMIs figures. Attention shifts to Wednesday’s Fed rate…