WTI price remains under selling pressure around $66.45 in Thursday’s early Asian session. Crude oil stockpiles in the US rose by 3.614 million barrels last week,…
Gold price declines as rising US Treasury yields weigh on non-yielding assets. The precious metal may find support from safe-haven demand amid the implementation of…
The Pound Sterling gains even though BoE’s Dhingra sees more than four interest rate cuts this year. US Treasury yields bounce back as the US administration…
EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a…
The Aussie continues a three-day losing streak, awaiting monthly CPI data. Tariff anxieties persist as President Trump threatens new duties on Canadian and Mexican goods.…
AUD/USD slides to near 0.6330 ahead of the Australian monthly CPI data for January. The RBA reduced its OCR by 25 bps to 4.1% last…
USD/CAD drops sharply to near 1.4200 as the US Dollar underperforms its major peers. Slightly higher US Initial Jobless Claims have weighed on the US…
Dow Jones trades near 44,600 after FOMC Minutes reaffirm a cautious but steady policy stance. Fed officials debated slowing or pausing balance sheet reduction amid…