GBP/USD receives support as the Bank of England is widely expected to keep interest rates unchanged on Thursday. The Pound Sterling depreciated more than 1% against the US Dollar following the Fed’s ...
After concluding its two-day monetary policy review on Thursday, the Bank of Japan (BoJ) is expected to hold the short-term ...
The Federal Reserve announced a hawkish decision to cut interest rates twice in 2025. XRP, Solana and Dogecoin registered ...
Ethereum is down 6% after the Federal Reserve hinted that it will reduce its rate cut frequency in 2025. The hawkish news has ...
“There is pressure on the rupee due to the demand for dollars from foreign clients. However, the rupee is performing better ...
The longevity of Wednesday's volatility surge remains questionable. Like previous flare-ups, these market shocks often vanish quickly, primarily because they stem from the volatility framework's ...
US Dollar surged as the Fed delivered a hawkish cut of 25 basis points at its December meeting.
Gold price off monthly lows, remains below $2,600 amid the Fed’s hawkish rate cut. The US Dollar consolidates at multi-month highs alongside the US Treasury bond yields. Gold price remains a ...
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1911, as compared to the previous day's fix of 7.1880 and 7.3165 Reuters estimates.
EUR/USD edges lower to 1.0370 in Thursday’s Asian session. The Fed cut its federal funds rate by 25 bps, lowering the rate to a range of 4.25% to 4.50%. The dovish remarks from the ECB weigh on the ...
The Fed upgraded the GDP forecast for 2024 to 2.5% from 2% in September, and for 2025 to 2.1% from 2%. The core PCE forecasts for 2024 were raised to 2.8% from 2.6%, and for 2025 to 2.5% from 2.2% in ...
South Korean Finance Minister, Choi Sang-mok, said on Thursday that the officials will prepare foreign exchange (FX) ...