Gold price scales higher for the fourth straight day amid a combination of supporting factors. US fiscal concerns and Fed rate cut bets undermine the…
New Zealand posted a record goods trade surplus with the US in April, led by a surge in agricultural exports. The US Dollar faces headwinds…
The US Dollar Index is slipping for a second consecutive day and tests the 100.00 mark as the hit from Moody’s downgrade on US debt…
EUR/USD rises as US Dollar weakens in response to Moody’s decision to downgrade the US credit rating by one notch. Moody’s forecasts US federal debt…
Mexico’s Finance Minister Edgar Amador noted that he is “reasonably confident” about the Treasury’s fiscal and growth projections for the year. El Financiero reported that…
UK Chancellor, Rachel Reeves, delivers her 30-minute Spring Statement at 13CET. The crux of the story is how she will likely cut spending for the…
Our considerations above on somewhat fading optimism on a speedy ceasefire in Ukraine have likely contributed to softer EUR momentum, ING’s FX analyst Francesco Pesole…
EUR/USD posts modest losses near 1.0915 in Tuesday’s early Asian session. German spending plan and softer US Dollar might support the major pair. US Retail Sales…
USD/CNH is consolidating near recent lows around 7.2600. China boosts fiscal spending. In line with consensus, China raised its 2025 fiscal deficit target to the…
China’s finance ministry stated early Wednesday that the government will increase the intensity of fiscal spending and will adopt more proactive, sustainable, robust, and effective…