3 days GBP/USD backslides ahead of BoE rate call FXStreet
GBP/USD fell back on Wednesday, shedding six-tenths of one percent as markets kept one foot firmly planted in the safe haven Greenback.
GBP/USD fell back on Wednesday, shedding six-tenths of one percent as markets kept one foot firmly planted in the safe haven Greenback.
Switzerland Unemployment Rate s.a (MoM) remains unchanged at 2.8% in April
The NZD/USD pair is pulling back from a six-month high near 0.6025 reached earlier on Wednesday, trading around 0.6000 as investors react to the Federal Reserve’s (Fed) cautious policy tone and mixed economic data from New Zealand.
Brazil Interest Rate Decision in line with expectations (14.75%)
The GBP/JPY pair edged higher on Wednesday, trading around the 191.00 zone as buyers maintained control.
USD/CHF consolidates on Wednesday, registering a daily close with gains of over 0.21%. The pair witnessed a drop from around 0.8847 to 0.8038, the yearly low in eleven days.
The EUR/JPY pair edged higher on Wednesday, trading around the 163.00 zone, reflecting a steady upward bias as the market heads into the Asian session.
Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby noted early Thursday that New Zealand’s economy remains severely exposed to global trade fallout from US tariff policies.
South Korea FX Reserves: 404.67B (April) vs previous 409.66B
The Mexican Peso extended its gains against the US Dollar on Wednesday after the US Federal Reserve (Fed) held rates unchanged as Fed Chair Jerome Powell hinted that policymakers would remain patient. At the time of writing, the USD/MXN trades at 19.61…
Link – https://www.politico.com/news/2025/04/29/david-perdue-ambassador-china-confirmed-senate-00315468 Perdue, who served as a Republican senator for Georgia from 2015 to 2021, is a longtime President Donald Trump supporter. His pre-political career i…
The US Dollar edged higher as markets digested the Federal Reserve’s decision to leave interest rates unchanged on Wednesday. Adding to the Greenback’s modest strength were renewed hopes of a US-China trade deal materialising sooner rather than later.
The Australian Dollar tumbled against the US Dollar following Fed Chair Jerome Powell’s press conference, where he emphasized uncertainty around the rate outlook and ruled out preemptive easing.
USD/JPY took a header on Wednesday, falling to 143.00 in intraday trading after the Federal Reserve (Fed) held rates steady at 4.25-4.5%, as many investors had expected.
EUR/USD churned within intraday levels after the Federal Reserve (Fed) held interest rates at 4.5% on Wednesday. Markets had broadly forecast a flat stance from the Fed for its May rate call, but the key for investors will be how much the Fed shifts it…
US Dollar Index recovers to 99.60 as Powell adopts cautious but balanced tone
US stocks indices have largely stayed put on Wednesday afternoon in light of Federal Reserve (Fed) Chair Powell’s press conference in which he stuck to his “wait-and-see” approach.
United States Consumer Credit Change above expectations ($9.5B) in March: Actual ($10.17B)
US Treasury yields edged lower across the whole curve, falling by an average of two and a half to three basis points after plunging more than seven basis points earlier.
GBP/USD extended its losses on Wednesday after the Federal Reserve (Fed) decided to keep interest rates unchanged as expected, with most eyes set on Fed Chair Jerome Powell’s press conference. At the time of writing, the pair trades near 1.3331, down m…
Gold price remains on the back foot after the Federal Reserve (Fed) kept interest rates unchanged. XAU/USD trades at $3,394, down over 1%, as traders brace for Fed Chair Jerome Powell’s press conference.
United States (US) President Donald Trump hit newswires just ahead of the Federal Reserve’s (Fed) upcoming rate call. The President’s talking points hit the usual meandering pace, weaving in and out of a wide spread of topics.
United States Fed Interest Rate Decision meets expectations (4.5%)
Gold prices retreated by more than 2% on Wednesday, after the Federal Reserve (Fed) kept rates unchanged, and despite an improvement in risk appetite following the commencement of tariff talks between the United States (US) and China.
The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar (USD).
The Dow Jones Industrial Average (DJIA) eased on Wednesday, falling to 40,850 after the Federal Reserve (Fed) held rates steady in the 4.25-2.5% target range.
The USD/JPY pair is trading in a tight range as markets await the US Federal Reserve’s (Fed) policy decision on Wednesday. Investors widely expect the central bank to keep its policy rate unchanged in the 4.25%-4.50% range for the third consecutive mee…
United States (US) Treasury Secretary Scott Bessent reaffirmed that US-China trade talks will begin on neutral ground when delegates from the two countries meet in Switzerland this weekend.
PHG’s first-quarter results reflect a decline in sales and earnings due to weaker demand in China, leading to lowered 2025 guidance and a cautious outlook.
Investors are right to be concerned that the wild swings in the global currency market seen over the past few days could portend more pain for the U.S. dollar, one market veteran said.
The Australian Dollar (AUD) is trading lower on Wednesday after failing to break above a key resistance level, with markets turning cautious ahead of expected commentary from United States (US) Federal Reserve (Fed) Chair Jerome Powell and high-level t…
Disney (DIS) stock is leading the Dow Jones Industrial Average (DJIA) higher on Wednesday. The entertainment conglomerate released a blowout quarterly result before the open and announced plans for a new theme park in Abu Dhabi, United Arab Emirates.
The EUR/GBP pair remained relatively flat on Wednesday, hovering near the 0.8500 zone after the European session. Price action was contained within a narrow range, reflecting a market lacking clear directional momentum.
The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar (USD). Still, positive news related to a possible de-escalation of the China-US tensions lent a lifeline to the Greenback, which remains firm in early trad…
The NZD/USD pair retraces to near 0.5980 during North American trading hours on Wednesday after revisiting the six-month high of 0.6025 earlier in the day.
GLWT
$MELANIA is down 98% from its peak of $133.73 on the day after its public launch.
United States EIA Crude Oil Stocks Change came in at -2.032M, above expectations (-2.5M) in May 2
EUR/USD is nearing a technical inflection point, where macroeconomic divergence and chart compression converge. While strong data from Germany and France support the Euro (EUR), weak retail sales and Federal Reserve (Fed) uncertainty have dampened mome…
Two decades ago, while reading the outstanding Technical Research “Market Interpretations” from Louise Yamada and her team, I came across “The Technician’s creed – in price there is knowledge” where one of the assumptions of technical analysis is that …
The USD/JPY pair rebounds to near 143.30 on Wednesday, snapping the three-day losing streak. The pair gains ground as the Japanese Yen (JPY) underperforms across the board.
Have stock prices entered a correction? All eyes on the Fed right now.
Pan American Silver Corp. (PAAS) is a mining company based in Vancouver, Canada, focused on silver, gold, zinc, lead, and copper.
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