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Forex
RBA expected to keep interest rate steady as high inflation, tight labor market outweigh weak growth
The Reserve Bank of Australia is expected to hold the interest rate at 4.35% in December.
Australian central bank Governor Michele Bullock’s comments will…
Canadian Dollar remains clipped near multi-year lows
The Canadian Dollar went nowhere quickly on Monday.
Looming Bank of Canada rate call keeps CAD markets tepid.
Investor sentiment finds a fresh patch of…
Forex Today: Investors will closely follow the RBA ahead of US CPI
The Greenback overcame its initial bearish tone and closed Monday’s session with decent gains, supported by renewed geopolitical tensions and cautious…
Dow Jones Industrial Average treads water on quiet Monday
The Dow Jones marked out familiar territory near 44,600.
Equity traders were pushed into a cautious stance after a policy pivot from China.
Investors will…
Mexican Peso pressures intraday above 20.00
Mexican Peso strengthens as November inflation decreases, suggesting potential for continued rate cuts.
Banxico Governor adopts cautious stance on…
GBP regains upper 1.27s – Scotiabank
The Pound Sterling (GBP) retains a somewhat firm undertone in the upper 1.27s. It also failed to hold the post NFP gains on the USD Friday but it has found a…
NZD/USD Price Forecast: Bounces back strongly to near 0.5870
NZD/USD recovers sharply to near 0.5870 as China’s Politburo supported expansionary monetary and fiscal policies.
The RBNZ is expected to cut interest rates…
EUR/USD ticks higher ahead of US inflation data, ECB policy meeting
EUR/USD rises to near 1.0580 as investors await US CPI data for November and the ECB policy meeting.
Investors expect the ECB to cut interest rates by 25…
CAD: Trump repeats tariff threat, CAD firms – Scotiabank
The Canadian Dollar (CAD) has found a modest bid on the coattails of its commodity cousins even as President-elect Trump repeated his threat to impose huge…
Gold extends recovery on geopolitical concerns and China’s purchases
The increasing uncertainty in the Middle East and China’s purchases support Gold’s recovery.
The US Dollar hesitates as strong US labour data did not curb…