On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2073 as compared to the previous…
GBP/USD fell 0.6% on Wednesday, easing back into near-term lows. The Fed held rates steady, as expected, but tariff concerns are raising cautionary flags. The…
Fed holds rates steady, Powell signals patience and data-dependence. Markets unwind rate-cut bets as Fed tones down preemptive easing. AUD/USD drops sharply to 0.6430 after…
EUR/USD bounced from 1.1335 to 1.1365 after the Fed held rates steady at 4.5%, Market tensions remain elevated, but investors noted a slight shift in…
The Dow Jones stuck close to 41,000 during the midweek market session. Investors are trimming their exposure as they await Fed Powell’s latest appearance. The…
The Federal Reserve is expected to leave the policy rate unchanged for the fourth consecutive meeting. Fed Chairman Powell will speak on the policy outlook…
Here is what you need to know on Wednesday, May 7: The US Dollar (USD) struggles to stay resilient against its rivals as market attention…
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.2005 as compared to the previous…
Sterling extends gains as weaker US trade balance and tariff impact weigh on Dollar. Markets expect Fed to hold and BoE to cut 25 bps…
USD/CHF trades weaker in a quiet session as Dollar sentiment deteriorates ahead of the FOMC and amid TWD-induced spillover pressure across Asian FX. US economic…