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Forex
USD/INR edges lower as traders await US GDP data
The Indian Rupee strengthens in Thursday’s early European session.
Likely RBI intervention might help limit the INR’s losses.
The advanced US Q4 GDP…
USD/CHF remains steady near 0.9050 ahead of Swiss Trade Balance data
USD/CHF moves little as traders await economic releases seeking fresh impetus.
US Gross Domestic Product Annualized (Q4) could report a 2.6% growth, down…
Australian Dollar extends losing streak after surrendering recent gains
The Australian Dollar moves into the negative territory after retracing daily gains on Thursday.
The Australian Bureau of Statistics showed export prices…
Japan’s Hayashi: Monitoring the Fed decision impact on the economy
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Thursday, he is “monitoring the Fed decision impact on Japan’s economy as the US is Japan's largest…
Japanese Yen moves back closer to multi-week top against USD
The Japanese Yen continues to be underpinned by bets on more BoJ rate hikes.
The narrowing US-Japan yield differential further benefits the lower-yielding…
NZD/USD recovers above 0.5650 amid tariff uncertainty
NZD/USD rebounds to near 0.5660 in Thursday's early Asian session.
Fed left the policy rate steady on Wednesday.
RBNZ’s Conway painted a dim picture of…
BoC’s Macklem: Tariff threat affecting Canadian Dollar more than interest rate differences
Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade war with the US, but he will do his…
WTI drifts lower to near $72.50 as US stockpile rises
WTI price tumbles to around $72.60 in Wednesday’s late American session.
US Crude oil stockpiles rose by 3.463 million barrels last week, according to the…
Dow Jones Industrial Average finds tepid chart action after Fed holds rates flat
The Dow Jones was mostly flat on Wednesday as the Fed leans into a wait-and-see stance.
Markets now expect the Fed to stand pat until June at the earliest.…
AUD/USD recovers somewhat after Powell’s words
Federal Reserve leaves rates unchanged at 4.25%-4.50% as expected.
Fed statement removes prior language on inflation progress, signaling a cautious…