EUR/GBP rises sharply to near 0.8400 as the Euro outperforms amid Germany’s debt restructuring plan. The ECB reduced its interest rates by 25 bps on…
USD/JPY slumps to near 148.40 as traders have become increasingly confident that the Fed could cut interest rates in the June meeting. US President Trump…
The Pound Sterling clings to gains near 1.2700 against the US Dollar as traders have raised Fed dovish bets for the June meeting. US President…
Silver price gains sharply as a decline in US Personal Spending has prompted Fed dovish bets. This week, investors will pay close attention to the…
The euro’s outlook remains tied to developments on US tariffs and on Ukraine peace talks, ING’s FX analysts Francesco Pesole notes. EUR/USD to move back…
Mexican Peso appreciates, shrugging off dovish Banxico stance, weaker economic outlook. Mexico’s December Retail Sales exceed estimates but slow from prior month. Banxico minutes reaffirm…
NZD/USD softens to around 0.5695 in Thursday’s Asian session. China’s central bank kept benchmark lending rates steady. Trump tariff threats could lift the US dollar…
NZD/USD surrenders some intraday gains but is still positive despite RBNZ’s dovish monetary policy guidance. The RBNZ sees two more interest rate cuts in the…
Fed to leave cash rates unchanged; market optimism puts downward pressure on the USD; some economic data improve. The US Federal Reserve recently announced its…