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Forex
struggles due to income-tax rise scrapped
GBP/USD remains subdued around 1.3150 as UK Chancellor Reeves abandons tax risesGBP/USD remains subdued for the third successive session, trading around 1.3150 during the Asian…
Australian Dollar edges lower despite RBA Minutes signaling a cautious stance
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Tuesday after registering losses in the previous session. The AUD/USD pair holds losses after the Reserve…
Japanese Yen hits nine-month low against USD amid BoJ doubts
The Japanese Yen (JPY) continues with its relative underperformance through the Asian session on Tuesday and drops to a fresh low since early February against a firmer US Dollar…
PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0816 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0856 compared to the previous day's fix of 7.0816 and 7.1096 Reuters…
Japan’s Katayama says stimulus has grown “sizable,” but declines to give figure
Japan's Finance Minister Satsuki Katayama said on Tuesday that the government’s upcoming economic stimulus package has become “sizable,” but declined to disclose its exact…
Japanese Yen weakens to near 155.00 as traders brace for return of US data
The USD/JPY pair trades in positive territory near 155.20 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as traders…
When are the RBA Minutes and how could they affect AUD/USD?
The RBA Minutes OverviewThe Reserve Bank of Australia (RBA) will publish its minutes of its monetary policy meeting on Tuesday at 00.30 GMT. It provides a detailed record of the…
Gold holds near $4,080, capped by hawkish Fed ahead of NFP data
Gold (XAU/USD) trades choppy during Monday’s session as market participants now expect the Federal Reserve (Fed) will keep rates unchanged at the December meeting, while they also…
Dow Jones declines as AI sector doubts and Fed rate cut hopes persist
The Dow Jones Industrial Average (DJIA) hit another weak patch on Monday, backsliding nearly 500 points and slipping back below the 47,000 handle to start the new trading week with…
Focus should be on RBA Minutes, ADP Weekly and Fedspeak
The US Dollar (USD) managed to regain fresh upside impulse on Monday, rebounding from recent multi-day lows as market participants continued to gauge upcoming US data releases and…