DXY recovers footing after Fed Powell cautions against dovishness
After nine months of waiting, the Fed has finally delivered markets a much-desired interest rate cut.The Dollar Index…
The Data Driving Today’s Anticipated FOMC Interest Rate Cut
Federal Reserve Board Chairman Jerome Powell speaks during a press conference following a meeting of the Federal Open…
US Dollar Index remains on the defensive below 97.00 as traders await the Fed rate decision
US Dollar Index recovers some lost ground around 96.70 in Wednesday’s early Asian session, but upside seems limited.The prospect…
AUD/USD continues bullish climb, taps 47-week high
AUD/USD tested 0.6688 for the first time since last October.The US Dollar is broadly falling across the board…
AUD/USD hits ten-month highs as Fed cut bets weigh on US Dollar
AUD/USD climbs to ten-month highs, benefiting from broad-based USD weakness ahead of the Fed’s interest rate decision.CFTC data…
EUR/USD appreciates as the focus shifts to the Fed’s monetary policy
The Euro ticks h¡igher as the impact of France’s debt downgrade eases.The US Dollar drifts lower with traders…
US Dollar Index steadies near 97.50, potential downside appears on Fed rate cut bets
US Dollar Index may lose ground amid rising odds of multiple Fed rate cuts this year.Traders expect the…
Focus shifts to US CPI, while the ECB is seen “on hold”
Mounting speculation of further rate cuts by the Federal Reserve next week weighed down the US Dollar (USD)…
Judge blocks Trump’s bid to fire Lisa Cook from Federal Reserve board
President Donald Trump’s bid to fire Lisa Cook, a member of the Federal Reserve board, is likely illegal…
AUD/USD jumps to near 0.6600 as Australian Dollar gains on cheerful market mood
AUD/USD climbs to near 0.6600 amid risk-on market mood.The Fed is widely anticipated to cut interest rates next…
US Dollar Index remains below 98.00 as revised NFP data reinforce odds of Fed rate cuts
US Dollar Index weakened as disappointing revised job growth figures fueled rising Fed rate cut expectations.US Nonfarm employment…
Gold refreshes new high at $3,668, bulls eyeing $3,700-$3,750
Major Central Banks step up Gold reserve. Surging safe haven demand adds bullish momentum in prices.Gold continues refreshing…