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Forex
EUR/USD holds ground above 1.0500 as looming Fed decision
EUR/USD remains stronger as the Fed is widely expected to deliver a 25 basis point rate cut on Wednesday.
The CME FedWatch tool suggests full pricing in a…
South Korean parliament votes to impeach president Yoon over martial law attempt
On Sunday, South Korea’s parliament voted to impeach President Yoon Suk Yeol following his fleeting failed attempt to impose martial law in early December, per…
ECB’s Holzmann: It’s not the job of the ECB to boost the economy
The European Central Bank (ECB) Governing Council member Robert Holzmann said on Friday that it would be wrong for the ECB to cut interest rates with the sole…
Pound Sterling Price News and Forecast: GBP/USD slides as decline in UK GDP stems economic concerns
The Pound Sterling (GBP) falls sharply against its major peers on Friday after the United Kingdom (UK) Office for National Statistics (ONS) reported that…
EUR/USD Price Forecast: Hovers near 1.0500 post-ECB’s rate cut
EUR/USD remains tethered to the 1.0500 mark, rebounding slightly to 1.0498 after testing weekly lows.
Technical analysis shows the pair is in a delicate…
Gold edges lower on rising US yields, still eyes weekly gains
Gold declines but holds to weekly gains as mixed US economic data keeps rate cut expectations alive.
Market braces for the Federal Reserve's decision on…
Australian Dollar struggles under pressure as Fed policy shifts
The Australian Dollar edges to 0.6392 but fails to hold gains.
Markets anticipate that the Fed will deliver a hawkish cut.
Higher US Treasury yields give…
Dow Jones Industrial Average slips into a seventh straight down day amid tepid markets
The Dow Jones falls another 0.25% during quiet Friday trading.
Equity indexes are broadly lower as investors weigh their options.
Markets already look…
US Dollar defends its ground as focus shifts to Fed decision
The US Dollar extends its winning streak on Friday, with the DXY Index trading above 107.00 for the first time in more than two weeks.
Signs of lingering…
Mexican Peso appreciates, finishes week higher ahead of Central Bank meetings
Mexican Peso appreciates 0.50% against the Dollar following a week of mixed US data, bolstering Fed rate cut odds.
Light economic docket sees US Import…