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Forex
USD mixed ahead of key FOMC decision – Scotiabank
The US Dollar (USD) is narrowly mixed in quiet trade as investors await this week’s key event—Wednesday’s FOMC decision, Scotiabank's Chief FX Strategists Shaun Osborne and Eric…
The S&P 500 is starting to come under increasing pressure
S&P 500 under pressureFailure to break above the trend‑channel line has been the tell. Small ranges since late Nov = momentum fading. Stochastics now turning bearish, giving…
Supports holding interest rates steady in December
European Central Bank (ECB) policymaker Peter Kazimir said in the European session on Monday that he doesn’t see any reason of monetary policy adjustment in the policy meeting this…
Likely to trade in a higher range of 0.6625/0.6655 – UOB Group
Australian Dollar (AUD) is likely to trade in a higher range of 0.6625/0.6655. In the longer run, further AUD strength is not ruled out; it remains to be seen if 0.6685 is within…
Upward momentum is starting to slow – UOB Group
Euro (EUR) is likely to trade in a range between 1.1625 and 1.1665. In the longer run, upward momentum is starting to slow; a break below 1.1615 would indicate that EUR is not…
Indian Rupee declines on consistent foreign outflows, RBI’s rate cut
The Indian Rupee (INR) trades lower against the US Dollar (USD) at the start of the week. The USD/INR pair jumps to near 90.50 as the Indian Rupee continues to underperform due to…
Focuses to maintain 10-year JGBs at 2%
Japan's Keidenren Chair Tsutsui said during the European trading session on Monday that negotiators are expected to visit China in January to discuss over trade.Additional…
US Dollar starts critical Fed week under pressure
Here is what you need to know on Monday, December 8:The US Dollar (USD) weakens against its major rivals on Monday, with the USD Index staying in negative territory below 99.00…
Gold gains amid dovish Fed bets and geopolitical uncertainties
Gold (XAU/USD) attracts some dip-buying at the start of a new week and stalls Friday's modest pullback from the $4,260 area, or the vicinity of its highest level since October 21.…
Gold price in Malaysia: Rates on December 8
Gold prices rose in Malaysia on Monday, according to data compiled by FXStreet.The price for Gold stood at 556.19 Malaysian Ringgits (MYR) per gram, up compared with the MYR 555.05…