NZD/USD holds losses after the People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. Traders evaluated mounting inflationary pressures in…
The Reserve Bank of Australia is set to cut the interest rate by 25 bps to 3.85% in May. Australian central bank Governor Michele Bullock’s…
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic hit newswires on Monday with his own rate cut forecast. According to Bostic, the Fed is…
GBP/USD rallies as Moody’s cut US credit rating, UK-EU “reset” relations The Pound Sterling (GBP) posted solid gains on Monday as the US Dollar (USD)…
GBP/USD lifted by renewed optimism after the UK and EU agree to a landmark post-Brexit cooperation deal. Moody’s downgrades US credit rating to Aa1, citing…
Gold price rallies over 1% higher on Monday after Moody’s downgraded the US’s sovereign debt credit rating on Friday, sending yields higher. Fed’s Bostic comments…
A key congressional committee, the House panel, approved President Donald Trump’s tax cut bill early Monday, paving the way for possible passage in the House…
Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data. Banxico cuts benchmark rate by 50 bps, but Peso holds firm as…
The Mexican peso edges up slightly, recovering some of the previous day’s losses. Banxico cuts rates while the Fed remains cautious, highlighting a contrasting economic…
FX option expiries for May 16 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.1075 2.2b 1.1100 840m 1.1150 1.6b 1.1200…