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Forex
NZD/USD retreats from six-month peak as US dollar steadies before Fed
NZD/USD halts its bullish momentum and trades around 0.6030 on Wednesday at the time of writing, down 0.20% on the day. The pair corrects after reaching a six-month high at 0.6051…
Rate decision preview – NBC
The Bank of Canada is expected to maintain its overnight target at 2.25%, a decision anticipated by forecasters and OIS markets. Recent economic data has tempered rate cut…
EUR/USD retreats from long-term highs as focus shifts to the Fed
The Euro shows moderate losses on Wednesday, retreating to 1.1985 at the time of writing, from over four-year highs at 1.2082 hit on Tuesday. The US Dollar is picking up as the…
Central bank green lights rate cuts – ING
The National Bank of Hungary maintained its tone during a recent meeting, with no immediate indication of rate cuts. However, the market reaction suggests a green light for…
Weakness continues amid Trump comments – Commerzbank
The Dollar remains under pressure following comments from President Trump, which have contributed to its decline against other currencies. The Dollar Index has fallen to its lowest…
Gold extends record-setting rally past $5,200 ahead of Fed
Gold (XAU/USD) prolongs its record-setting rally for the eighth consecutive day and surges past the $5,200 mark during the Asian session on Wednesday. Economic and geopolitical…
Japanese Yen pares losses vs. USD amid BoJ-Fed policy divergence
The Japanese Yen (JPY) trims a part of Asian session losses on Wednesday and remains close to a nearly three-month high, set against its American counterpart the previous day.…
Gold price in Malaysia: Rates on January 28
Gold prices rose in Malaysia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 660.21 Malaysian Ringgits (MYR) per gram, up compared with the MYR…
Australian Dollar holds losses as US Dollar rebounds ahead of Fed policy
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Wednesday after registering over 1% gains in the previous session. The AUD/USD pair depreciates as the AUD…
EU economy has been proven resilient and we expect data could top our forecasts
European Central Bank (ECB) executive board member Piero Cipollone said early Wednesday, “the European economy has been proven resilient and we expect data that could top our…