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Markets
USD/CAD edges lower near mid-1.3800s; trade uncertainty limit losses
The USD/CAD pair struggles to capitalize on the previous day's goodish recovery from the 1.3800 mark, or its lowest level since September 22, and edges lower during the Asian…
US President Donald Trump threatens Mexico with tariffs over water dispute
US President Donald Trump on Monday threatened to impose a 5% tariff on Mexico if it doesn't immediately provide additional water to help US farmers, accusing the country of…
Gold edges lower below $4,200 amid worries about hawkish Fed rate cut
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve…
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GBP/USD shuffles its feet as investors await key central bank moves
GBP/USD found little momentum on either side of the line on Monday, with the Cable pair churning chart paper just north of the 1.3300 handle to kick off a fresh trading week.…
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EUR/USD under pressure as yield climb weighs and Fed risk dominates
EUR/USD slides 0.05% as the week begins, courtesy of broad US Dollar strength, amid choppy trading as traders brace for the Federal Reserve monetary policy decision. At the time of…
RBA set to keep interest rate unchanged amid inflation pressures, growth momentum
The Reserve Bank of Australia (RBA) is on track to leave the Official Cash Rate (OCR) unadjusted at 3.6%, following the conclusion of its December monetary policy meeting on…
Dow Jones retreats ahead of looming Fed rate decision
The Dow Jones Industrial Average fell back from the 48,000 handle on Monday as investor expectations for an upcoming interest rate cut from the Federal Reserve (Fed) were…
Gold dips under $4,200 as rising yields and Fed jitters hit bullion
Gold (XAU/USD) retreats on Monday as traders brace for the Federal Reserve (Fed) meeting, where the central bank is expected to deliver its third consecutive rate cut, ahead of…