Australia will release the Consumer Price Index (CPI) report on Wednesday, and it is expected to…
Category: Forex
FOMC meeting unlikely to drive major movements – TD Securities
TD Securities analysts expect the FOMC to maintain current interest rates, with a cautious approach supported…
US CB Consumer Confidence Index fell to 84.5 in January
US consumer sentiment lost momentum in January, as the Conference Board’s Consumer Confidence Index fell to…
ADP Employment Change shows hiring slowdown
The ADP Employment Change 4-week average came in at 7,750 in the period ending January 3,…
Euro benefits from political risk reduction – MUFG
The EUR/USD has seen a rebound due to broad-based US Dollar weakness and easing political risks…
Consolidation phase expected – UOB Group
AUD/USD closed at 0.6916, with expectations for consolidation between 0.6880 and 0.6940. The report suggests that…
Japanese Yen retreats from recent highs vs. USD amid fiscal concerns
The Japanese Yen (JPY) drifts lower during the Asian session on Tuesday, snapping a two-day winning…
PBOC sets USD/CNY reference rate at 6.9858 vs. 6.9843 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead…
Dow Jones advances as earnings beat expectations, Fed decision in focus
US equities opened the week on a positive note, with the S&P 500 rising 0.5 percent…
XAG/USD explodes to record high past $117.00
Silver price rallies sharply more than 8% on Monday, as geopolitical tensions and broad US Dollar…