USD/JPY loses ground below 148.00 as traders digest Fed speeches
USD/JPY softens to around 147.75 in Tuesday’s early Asian session.Fed’s Miran called for cutting the main interest rate…
US Industrial Production expands 0.1% in August vs. -0.1% expected
Industrial Production in the US expanded unexpectedly in August.The US Dollar Index stays deep in negative territory near…
Australian Dollar stays muted despite fading prospects of RBA rate cuts
Australian Dollar loses some ground as traders adopt caution ahead of the Fed’s rate decision.RBA’s Sarah Hunter stressed…
XAU/USD drifts higher to near $3,650 as Fed is expected to cut rates
Gold price trades on a stronger note around $3,640 in Monday’s early Asian session. Markets expect the Fed to…
Will weak US Consumer Sentiment Index fuel jumbo Fed rate cut speculation?
September’s preliminary Michigan Consumer Sentiment Index is expected to have eased to 58.0 from 58.2 in August.US consumers…
US weekly Initial Jobless Claims rise to 263K vs. 235K expected
Initial Jobless Claims in the US rose by 27,000 in the week ending September 6.The US Dollar Index…
Australian Dollar advances as US Dollar trims gains amid Fed rate cut bets
Australian Dollar receives support from the easing likelihood of the RBA rate cut.China’s CPI declined 0.4% YoY, while…
Japan’s GDP rises 0.5% QoQ in Q2 2025 vs 0.3% expected
The Japanese economy grew 0.5% over the quarter in the second quarter (Q2) of 2025, the final reading released by…