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Forex
UK’s Reeves: We begun to turn things around
UK Chancellor of the Exchequer Rachel Reeves said on Wednesday, “we begun to turn things around.”
Key takeaways
UK regulation has been stifling and…
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $30.44 per troy ounce, up 0.31% from the $30.35 it cost on Tuesday.…
GBP/JPY remains below 193.50 due to hawkish mood surrounding BoJ’s policy outlook
GBP/JPY inches lower as traders expect the BoJ to deliver more rate hikes in the future.
BoJ reiterated its commitment to further rate hikes if the outlook…
Forex Today: US Dollar consolidates gains as focus shifts to Fed policy announcements
Here is what you need to know on Wednesday, January 29:
The US Dollar (USD) struggles to build on Tuesday's gains as investors move to the sidelines ahead of…
Gold price ticks lower on positive risk tone; bears lack conviction amid trade war fears
Gold price consolidates in a narrow band on Wednesday amid mixed fundamental cues.
A positive risk tone caps the XAU/USD, though sliding US bond yields lend…
EUR/USD inches higher to near 1.0450, upside seems limited amid a risk-off mood
EUR/USD could lose ground amid increased risk aversion ahead of Fed policy decision on Wednesday.
CME FedWatch tool suggests nearly 100% odds of the Fed…
Pound Sterling Price News and Forecast: GBP/USD steadies due to risk aversion ahead of the Fed policy decision
GBP/USD holds ground near 1.2450 ahead of Fed policy decision
GBP/USD remains steady after registering losses in the previous session, trading around 1.2440…
USD/CAD Price Forecast: Maintains position around 1.4400 near a crucial support zone
USD/CAD tests the immediate barrier at the psychological level of 1.4400.
The bullish bias persists, as the 14-day RSI remains above the 50 mark.
The…
Australian Treasurer Chalmers: The worst of the inflation challenge is well and truly behind us
Australian Treasurer Jim Chalmers said on Wednesday, “the worst of the inflation challenge is well and truly behind us.”
He noted further that “the soft…
Australian Dollar loses ground following CPI data
The Australian Dollar depreciates following the release of softer CPI data on Wednesday.
Australia’s Monthly CPI for December 2024 increased by 2.5% YoY,…