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Forex
Forex Today: RBNZ opts for a 50 bps cut, FOMC Minutes next
Here is what you need to know on Wednesday, October 9:
The action in financial markets remain choppy midweek, with investors' search for the next catalyst…
USD/INR flat lines as RBI keeps repo rates unchanged at 6.50%
The Indian Rupee trades flat in Wednesday’s early European session.
RBI’s MPC decided to keep the repo rate unchanged at 6.5% in its October meeting on…
Computershare Limited Elliott Wave technical forecast [Video]
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COMPUTERSHARE LIMITED. - CPU. We see CPU.ASX not ready to rally…
Gold price keeps the red below $2,630 support breakpoint, FOMC minutes awaited
Gold price trades with a negative bias for the sixth straight day amid smaller Fed rate cut bets.
Hopes of a possible Hezbollah-Israel ceasefire further…
AUD/USD weakens below 0.6750 as China’s stimulus update disappoints markets
AUD/USD edges lower to around 0.6740 in Wednesday’s Asian session.
Firmer USD and lack of more Chinese major stimulus weigh on the pair.
The FOMC Minutes…
Japanese Yen consolidates against USD, looks to FOMC minutes for fresh impetus
The Japanese Yen struggles to lure buyers amid uncertainty over future BoJ rate hikes.
Hopes for a possible Hezbollah-Israel ceasefire further undermine the…
New Zealand Dollar tumbles as RBNZ cuts interest rate by 50 bps
The New Zealand Dollar edges lower in Wednesday’s early Asian session.
RBNZ cut the interest rate by 50 bps to 4.75% as anticipated.
The September FOMC…
Breaking: RBNZ cuts interest rate by 50 bps to 4.75% as expected
The Reserve Bank of New Zealand (RBNZ) announced on Wednesday that it lowered the Official Cash Rate (OCR) by 50 basis points (bps) from 5.25% to 4.75%,…
EUR/USD churns on indecisive Tuesday
EUR/USD held off further losses, but gains remain absent.
Fed Meeting Minutes due on Wednesday to draw investor attention.
Traders will be looking for good…
GBP/USD snaps five-day losing streak but gains remain tepid
GBP/USD pumped the brakes on recent losses but remains below the 50-day EMA.
Latest Fed Meeting Minutes due Wednesday, UK MPC policy hearings on Thursday.…