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Finance
EUR/USD depreciates after registering modest gains in the previous day, trading around 1.1140 during Asian hours on Thursday. The pair loses ground as the US Dollar (USD) bounces back from the previous day's losses afte…
Finance
The GBP/USD pair meets with a fresh supply during the Asian session on Thursday, stalling the previous day's bounce from the 1.3275-1.3270 region, or a nearly two-week low. Spot prices drop to the 1.3300 mark in the las…
Finance
The Fed left rates unchanged, with Chair Warsh delivering a clear message: Inflation remains too high, but the committee believes policy is starting to work and wants more information before deciding what comes next.
Finance
The Pound Sterling (GBP) turns positive on Wednesday as Federal Reserve (Fed) Chair Kevin Warsh highlighted economic resilience after the Fed held rates unchanged amid a split vote. GBP/USD trades near 1.3327, gaining 0…
Finance
Three five-minute bars of Fed Chair Warsh's press conference wiped out the Dollar Index's climb into the decision and took it through the session's earlier low. It fell from just above 102.40 to near 102.05, its lowest …
Finance
The Australian Dollar (AUD) rises sharply against the US Dollar (USD) after the Federal Reserve (Fed) held rates steady, despite US inflation staying well above its 2% target. The decision was not unanimous: two members…
Finance
Strength in base metal stocks helped Canada’s main equity index rise more than 100 points in late-morning trading, while U.S. stock markets also climbed higher.
Finance
The Japanese Yen (JPY) loses ground against the US Dollar (USD) after the Federal Reserve (Fed) kept rates steady on Wednesday, even though US inflation remains well above its 2% target. Of note, the decision was not un…
Finance
Gold price retreats by 0.21% on Wednesday as Federal Reserve Chair Kevin Warsh said that he is unable to call financial conditions tight, even though credit conditions have tightened. The XAU/USD trades at $4,039 at the…
Finance
Rio Tinto is not only looking at lithium: the global miner is moving forward with an offensive of partnerships and stakes in copper projects in South America, seeking to secure its expansion in the red metal after 2030.
Finance
The low USD/CAD set before the BoC hike didn't survive Fed Chair Warsh's press conference. The pair fell from the top of its post-BoC range to just above 1.4000 in four five-minute bars as he spoke, its session low. It'…
Finance
Federal Reserve (Fed) Chair Kevin Warsh's press conference moved EUR/USD further than the Fed's decision did. The pair climbed from the lower half of Wednesday's range through 1.1150 in three five-minute bars as he spok…
Finance
UOB’s Lee Sue Ann notes that the Reserve Bank of New Zealand (RBNZ) kept the Official Cash Rate (OCR) at 2.75% in a narrow 4-3 decision, but maintained a clear tightening bias. With inflation still above target and risk…
Finance
Rapport Therapeutics (RAPP) shares sank 22% in premarket trading this morning after it sold stock at a steep discount to pay for its next round of trials.
Finance
The Swiss Franc (CHF) has retraced previous gains against the US Dollar (USD) on Wednesday and trades practically flat on the daily chart, stronger as investors brace for the Federal Reserve’s (Fed) monetary policy deci…
Finance
Standard Chartered’s Nicholas Chia expects the Reserve Bank of Australia to raise its cash rate to 4.85% in Q4, likely on 3 November, after stronger-than-projected Q3 underlying inflation. The bank sees the first rate c…
Finance
Gold (XAU/USD) stalls its rebound on Wednesday as investors await the Federal Reserve’s (Fed) monetary policy announcement, due at 18:00 GMT. A modest pullback in Oil prices helped bullion recover from its lowest levels…
Finance
At the post-meeting press conference, Fed Chair Kevin Warsh explained why policymakers decided to maintain interest rates following the October meeting and took questions from reporters about the decision.
Finance
ING's Chris Turner sees scope for a partial unwind of a 20bp risk premium in 10-year UK gilt yields following the budget. While the Bank of England's tightening outlook should remain broadly unchanged unless minimum wag…
Finance
Silver (XAG/USD) consolidates modest losses on Wednesday as traders hold back from aggressive bets ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT. Meanwhile, the US Dollar (USD) also ease…
Finance
Governor Tiff Macklem is set to take questions from reporters shortly, which should offer markets a clearer read on the central bank’s thinking. His remarks come after the widely anticipated decision to raise the policy…
Finance
Commerzbank’s Norman Liebke expects the Bank of Canada (BoC) to deliver a widely anticipated 25 bps hike to 2.5%, though he views this as premature given subdued core inflation. Markets have priced four hikes by Septemb…
Finance
ASX 200 rallies 1.37% to 8,844 as weak US payrolls ease Fed hike bets and gold rebounds above US$4,100, capping a choppy week bridging the FY26 close and FY27 open.
Finance
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