Federal Reserve
FX News EUR/USD Hovers Near 1.1095 Ahead of Fed and ECB Rate Bets
EUR/USD is experiencing modest gains, hovering around 1.1095 during the early Asian session on Thursday. Fed Waller indicates a probable rate hike in December, suggesting the possibility of…
FX News AUD/USD Hits 10-Month Low Near 0.6840 on Hawkish Fed
AUD/USD declines as the US Dollar strengthens following hawkish remarks from the Federal Reserve, which bolster expectations for a rate hike in December. Australia’s Consumer Inflation Expectations hold…
FX News GBP/USD Steady Near 1.3275 on Hawkish BoE and Fed Bets
GBP/USD remains stable around 1.3275 during the early Asian session on Thursday. BoE’s Greene asserts that it is fitting to take proactive measures in tightening our monetary policy…
FX News USD/CAD Advances Toward 1.4190 on Sticky US CPI
The USD/CAD pair exhibits an upward movement as the US Dollar appreciates in response to elevated US CPI inflation figures. The CME FedWatch Tool indicates a probability of…
FX News AUD/USD Breaks Below 0.6900 as Sticky US CPI Fuels Fed Hike Bets
AUD/USD has experienced a decline of 0.88%, falling beneath the significant threshold of 0.6900. Core CPI increases by 0.3% month-over-month, prompting Waller to issue a warning regarding a…
FX News USD/CAD Holds Near 1.4110 as Strong US Payrolls Offset Oil Slump
USD/CAD may appreciate in response to increasing expectations of a December Federal Reserve rate hike, bolstered by robust employment figures. Market participants are closely monitoring the impending US…
FX News USD/JPY Rebounds Toward 158 as Fed Holds Rates Steady
USD/JPY experiences a rebound as the Federal Reserve holds interest rates steady, despite two dissenting votes advocating for a 25-basis point increase. Robust earnings from the AI sector,…
FX News AUD/USD Climbs as Hot Inflation Fuels RBA Rate Hike Bets
AUD/USD drifts higher to approximately 0.7055 in Thursday’s Asian session. Market expectations for an RBA rate hike surged to 82% in response to robust CPI data. The Federal…
FX News EUR/USD Slips as ECB Weighs Further Rate Hikes
The ECB is anticipated to maintain its deposit rate at 2.50% during the meeting on Thursday. Energy-driven price pressures sustain investor expectations for a potential rate hike by…
FX News USD/CHF Tests 0.8320 as Fed Uncertainty Supports Dollar
USD/CHF exhibits minimal movement as the US Dollar remains stagnant in the face of uncertainty regarding the Federal Reserve’s outlook. The Fed opted to maintain its current interest…
FX News USD/CAD Tests Key Resistance as Traders Await Bank of Canada Decision
USD/CAD may decline toward the lower boundary of the falling wedge, approximately 1.3950. The 14-day Relative Strength Index remains at approximately 45, indicating a prevailing bearish momentum. The…
FX News GBP/USD Slides as UK Budget and Fed Decision Loom
GBP/USD continues to decline, approaching the 1.3300 mark during the Asian session on Wednesday. The UK Finance Minister is set to present his inaugural budget on Wednesday, amid…