XAU/USD drops as risk appetite improves, traders await Powell’s remarks. US-China trade talks set to begin in Switzerland, calming markets and lifting the US Dollar.…
EUR/USD consolidates near 1.1360 within a triangle, close to breakout levels. Eurozone and the United States data diverge as traders await the Fed policy tone.…
USD/CAD moves slightly higher to near 1.3800 ahead of the Fed’s monetary policy decision. The Fed is expected to keep borrowing rates steady in the…
The US Dollar Index edges slightly lower, although the daily range gets tighter. Traders are assessing the spillover risk from the Taiwan Dollar surge on…
Here is what you need to know on Tuesday, May 6: Major currency pairs fluctuate in familiar ranges early Tuesday as investors refrain from taking…
USD/CHF bulls remain on the sidelines amid the lack of any meaningful USD buying interest. Sustained safe-haven demand underpins the CHF and also contributes to…
Mexican Peso is down 0.58% as market braces for Fed meeting and April inflation figures from Mexico. Banxico faces pressure if CPI reaccelerates; current inflation…
Silver price soars to near $32.60 amid weakness in the US Dollar. The Fed is almost certain to keep interest rates steady on Wednesday. US-China…
The Pound Sterling ticks higher against the US Dollar at the start of Fed-BoE monetary policy announcements on Wednesday and Thursday. The Fed is expected…
NZD/USD continues to gain traction as the US Dollar loses ground, with traders keeping a close eye on ongoing US-China trade developments. President Trump commented…