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Forex
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…
Forex Today: Investors’ focus shifts to the ECB meeting and data
The US Dollar traded in a positive fashion after the Fed left its interest rates unchanged, as widely anticipated, and Chief Powell delivered a neutral message…
GBP/USD whips but sees little momentum as markets digest middling Fed Powell comments
GBP/USD tested lower, but recovered to nearly flat on the day post-Fed.
Fed held rates steady as rate futures broadly anticipated.
Fed Chair Powell: the…
US Dollar firms as markets brace for Fed decision
The US Dollar Index climbs near 108.20 ahead of the Federal Reserve’s policy announcement.
The Fed is expected to hold rates steady at 4.25%-4.50%, with…
Canadian Dollar recedes after BoC cuts rates and ends QT
The Canadian Dollar lost 0.25% against the Greenback on Wednesday.
The Bank of Canada cut interest rates by another 25 bps, to 3%.
The BoC also announced…
US Federal Reserve set to pause interest rate cuts as Trump policies shape economic outlook
The Federal Reserve is widely expected to leave monetary policy settings unchanged following the January meeting.
Fed Chairman Powell’s presser could…
AUD/USD slides as weak inflation data fuels RBA rate cut bets
Australian inflation missed expectations, reinforcing RBA rate cut speculation.
US-China trade tensions keep pressure on the Aussie.
Markets await the…
Pound Sterling gains as UK Reeves prioritizes growth and liberalization
The Pound Sterling rises as UK Rachel Reeves presents a strong economic agenda.
Investors focus on the Fed’s monetary policy meeting in which the central…
Gold caught in range trade ahead of Fed interest rate decision
Gold stabilizes on Wednesday after a near 1% recovery the previous day.
All eyes are on the Federal Reserve interest rate decision later in the day. …
AUD/USD slumps to near 0.6220 on soft Aussie CPI, Fed policy in focus
AUD/USD declines to near 0.6220 as soft Australian CPI data has boosted RBA dovish bets.
Year-on-year Australian CPI rose at a slower pace of 2.4% in the…