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Markets
When is the SNB’s interest rate decision and how could it affect USD/CHF?
The Swiss National Bank (SNB) is scheduled to announce its last monetary policy of 2025 today at 08:30 GMT.The SNB is expected to hold interest rates steady at 0% for the second…
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FOMC lowers rates for third straight meeting
The Federal Open Market Committee (FOMC) lowered the federal funds rate by 25 basis points for the third straight meeting on Wednesday.The rate is now at the 3.50% to 3.75% range –…
Euro holds below 1.1700 despite Fed rate cut, US Jobless Claims data eyed
The EUR/USD pair posts modest losses near 1.1690 during the early European trading hours on Thursday. However, the US Federal Reserve's (Fed) dovish rate cut on Wednesday could…
XAG/USD corrects from all-time highs to near $62, outlook remains firm
Silver Price (XAG/USD) retraces to near $62.00 during the Asian trading session on Thursday after posting a fresh all-time high at $62.87 earlier in the day. The white metal’s…
US Dollar Index softens to near 98.50 post-Fed rate cut, Jobless Claims data in focus
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.55 during the Asian…
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PBOC sets USD/CNY reference rate at 7.0686 vs. 7.0753 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0686 compared to the previous day's fix of 7.0753.
PBOC…
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Australia’s Unemployment Rate stays unchanged at 4.3% in November vs. 4.4% expected
Australia’s Unemployment Rate steadied at 4.3% in November, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in…