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Forex
Less monetary, more politics – Commerzbank
The US Dollar's response to the recent Fed meeting was muted, with EUR/USD approaching 1.20. The Fed's signals suggest a key interest rate cut in March is unlikely, as growth is…
Keeps bullish vibe near 108.50 amid Japan’s fiscal and political challenges
The AUD/JPY cross extends the rally to near 108.50 during the early European session on Thursday. Concerns over fiscal health and political uncertainty in Japan weigh on the…
Gold price in Philippines: Rates on January 29
Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet.The price for Gold stood at 10,498.27 Philippine Pesos (PHP) per gram, up compared with the PHP…
WTI drifts higher to four-month high near $63.50 amid US inventory drop, Iran risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.60 during the Asian trading hours on Thursday. The WTI price rises to its highest since late…
Japanese Yen steady as fiscal concerns offset hawkish BoJ stance
The Japanese Yen (JPY) regains some positive traction against a broadly weaker US Dollar (USD) during the Asian session on Thursday and reverses a part of the previous day's…
AUD/USD rises to near 0.7050 as RBA rate hike bets increase
AUD/USD extends its gains for the third successive session, trading around 0.7040 during the Asian hours on Thursday. The pair appreciated after hotter-than-expected Australian…
USD/CAD slides to 1.3530, pressured by bullish Oil and weak USD
The USD/CAD pair attracts some follow-through sellers for the third consecutive day and drops to its lowest level since October 2024 during the Asian session on Thursday. Spot…
Gold climbs above $5,500 for the first time on record
Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by…
EUR/USD slides below 1.2000 as Fed hold, Powell stance lift Dollar
EUR/USD sustained losses of over 0.60% on Wednesday below the 1.2000 figure as the Federal Reserve keeps interest rates steady, while the Fed Chair Jerome Powell refrained from…
Microsoft slips despite postive quarter
Microsoft (MSFT) stock dipped 4% afterhours on Wednesday despite offering a solid beat for the fiscal second quarter of 2026. For the quarter ending in December, Microsoft earned…