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Markets
US Dollar Index edges up to near 97.20 in countdown to FOMC Minutes
The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.1% higher to near 97.20 during the early European trading session on Wednesday.…
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Gold price in Saudi Arabia: Rates on February 18
Gold prices rose in Saudi Arabia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 595.12 Saudi Riyals (SAR) per gram, up compared with the SAR…
Gold rebounds after 2% drop on Tuesday as traders eye FOMC Minutes
Gold (XAU/USD) gains some positive traction during the Asian session on Wednesday and recovers a part of the previous day's heavy losses more than 2%, to the $4,843-4,842 region or…
NZD/USD dives to near 0.6000 as RBNZ’s Breman downplays hawkish prospects
The NZD/USD pair is down 0.7% to near 0.6000 during the Asian trading session on Wednesday, following the monetary policy announcement by the Reserve Bank of New Zealand (RBNZ).The…
EUR/USD hovers near mid-1.1800s as traders await FOMC Minutes
The EUR/USD pair struggles to capitalize on the previous day's goodish rebound from the 1.1800 neighborhood, or a one-and-a-half-week low, and consolidates in a narrow band during…
New Zealand leaves interest rate unchanged at 2.25%, as expected
The Reserve Bank of New Zealand (RBNZ) decided to hold the Official Cash Rate (OCR) at 2.25% after concluding the February monetary policy meeting on Wednesday.The decision aligned…
BSP seen delivering final cut – BBH
Brown Brothers Harriman’s (BBH) Global Head of Markets Strategy Elias Haddad anticipates the Philippine central bank will cut rates by 25 bps to 4.25%, likely marking the end of…
Growth slowdown and export risks – BNP Paribas
BNP Paribas analysts see Chinese GDP growth at 5.0% in 2025, easing moderately in 2026 as domestic demand weakens and property sector stress persists. Authorities are expected to…
EUR/USD stays firm amid Iran talks, hawkish Fed tone
EUR/USD falls modestly during the North American session after reaching a daily low of 1.1804 amid a risk-off impulse that underpinned the Greenback as tensions between the US and…