AUD/JPY depreciates, buoyed by stronger-than-expected Japanese household spending data—signaling a potential rebound in domestic consumption. Japan’s Overall Household Spending in Japan rose 2.1% YoY in…
Fed holds rates at 4.5%, acknowledges elevated inflation and rising risks. Labor market remains strong; economic activity expands despite trade volatility. US Dollar Index falls…
EUR/USD edges up to near 1.1350 as the US Dollar faces pressure ahead of the Fed policy decision, in which it is expected to keep…
Asian currencies rallied sharply, led by a historic surge in the Taiwan dollar, as growing speculation over imminent trade talks between the US and its…
The US Dollar Index remains under pressure as the 2-year US Treasury yield edges down to 3.81%. Trump announced his plans to introduce pharmaceutical tariffs…
China’s Services Purchasing Managers’ Index (PMI) declined to 50.7 in April from 51.9 in March, the latest data published by Caixin showed on Tuesday. The…
EUR/USD moves higher to near 1.1325 as the US Dollar faces selling pressure ahead of the Fed’s monetary policy meeting on May 6-7. US President…
Silver remains under heavy selling pressure for the third straight day on Thursday. A breakdown below the 100-hour SMA could be seen as a fresh…
The US economy contracts 0.3% in Q1, missing forecasts and raising stagflation concerns. Inflation accelerates with Q1 price index at 3.7%, Core PCE at 2.6%…
Microsoft stock sinks on a lower Q1 GDP reading on Wednesday. Preliminary US GDP for Q1 shows a QoQ slide of 0.3% annualized. Microsoft is…