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Euro weakens against US Dollar as hawkish Fed bets hog limelight
The Euro (EUR) trades 0.23% lower against the US Dollar (USD) at around 1.1444 during the European t...
In 6 Words, Fed Chair Kevin Warsh Just Dropped the Hammer on Wall Street
Warsh made his intentions clear -- and it's not the best news for an expensive stock market....
Russia Producer Price Index (MoM) declined to 2.5% in May from previous 6.1%
Russia Producer Price Index (MoM) declined to 2.5% in May from previous 6.1%
Australian Dollar holds firm as Trump’s Iran comments reduce risk sentiment
The AUD/USD pair trades near 0.7070 with a neutral tone on Wednesday, as the Australian Dollar (AUD) benefits from improved risk sentiment following the latest developments in the US-Iran conflict.
United States EIA Crude Oil Stocks Change came in at -8.262M below forecasts (-4.6M) in June 12
United States EIA Crude Oil Stocks Change came in at -8.262M below forecasts (-4.6M) in June 12
New Zealand Dollar weakens ahead of Fed decision as confidence hits lowest since 2023
NZD/USD trades around 0.5820 on Wednesday at the time of writing, down 0.24% on the day as investors reduce risk exposure ahead of the Federal Reserve (Fed) monetary policy announcement.
“A repeat of 2022’s inflation problems appear less likely”: ECB’s Sleijpen lowers temperature
European Central Bank (ECB) policymaker Olaf Sleijpen said in a speech at an event organized by the European Economics & Financial Center (EEFC) in London on Wednesday that while a repeat of 2022's in ...
Pound Sterling Price News and Forecast: GBP dips to weekly lows following soft UK inflation figures
The British Pound (GBP) extends losses against the US Dollar (USD) on Wednesday, with the GBP/USD pair hitting a weekly low of 1.3410 at the time of writing.
Canada New Housing Price Index (MoM) came in at -0.3% below forecasts (-0.1%) in May
Canada New Housing Price Index (MoM) came in at -0.3% below forecasts (-0.1%) in May
Euro retreats below 1.1600 with Kevin Warsh and the Fed in the spotlight
The Euro (EUR) posts moderate losses against the US Dollar (USD) on Wednesday, giving away some of the ground gained over the last few days, with markets showing a cautious mood ahead of the US Federa ...
Japanese Yen: Short positions favoured on dovish Fed risk – Societe Generale
Societe Generale’s Kit Juckes notes that recent G10 policy moves, including a BOJ hike, have not produced dramatic FX shifts. He argues that a dovish Fed outcome would favour short USD/JPY positions.
United States Dollar: Fed patience tempers downside – OCBC
OCBC’s Sim Moh Siong notes FX markets are in a holding pattern as traders await the FOMC, with Oil’s decline easing inflation pressures but seen as having limited further downside.
South Africa Retail Sales (YoY) declined to 1.3% in April from previous 2.6%
South Africa Retail Sales (YoY) declined to 1.3% in April from previous 2.6%
United States MBA Mortgage Applications down to -3.8% in June 12 from previous 10.8%
United States MBA Mortgage Applications down to -3.8% in June 12 from previous 10.8%