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US Dollar Index weakens near 98.50 as focus shifts to Q3 GDP data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after three days of gains and trading around 98.60 during…
Australian Dollar holds gains following PBOC decision
The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Monday after the People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates…
WTI rises to one-week high amid geopolitical tensions, eyes $57.00
West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a positive note and touch a one-week top, around the $57.00 neighborhood during the Asian session. The…
GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data
GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the…
Japanese Yen strengthens to near 157.50 amid Fed rate cut expectations
The USD/JPY pair loses ground to near 157.50 during the early Asian session on Monday. The prospect of further US Federal Reserve (Fed) interest rate cuts in 2026 weighs on the US…
Fed’s Hammack says holding rates steady for months is her base case for now
Federal Reserve Bank of Cleveland President Beth Hammack said that monetary policy is in a good place to pause and assess the effects of 75 basis points (bps) of rate cuts in the…
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