Fed’s Collins signals openness to rate cut as soon as next month
[ad_1] Federal Reserve (Fed) Bank of Boston President Susan Collins signaled openness to a rate cut as soon as Septemebr, citing…
Category: Forex News
WTI extends the rally to near $63.50 amid signs of stronger energy demand
[ad_1] WTI price edges higher to around $63.40 in Friday’s early Asian session. US EIA crude oil inventories tumbled by…
Japanese Yen remains depressed amid BoJ rate-hike uncertainty
[ad_1] The Japanese Yen struggles to lure buyers despite slightly higher-than-expected inflation figures. The uncertainty over the likely timing of…
Dow Jones explores the low side as earnings doubts ripple through markets
[ad_1] The Dow Jones saw its lowest figures in over a week on Thursday. Equities are extending a near-term backslide…
PBOC sets USD/CNY reference rate at 7.1321 vs. 7.1287 previous
[ad_1] On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at…
New Zealand Dollar tumbles to near 0.5800 as Powell’s Jackson Hole speech looms
[ad_1] NZD/USD slumps to around 0.5815 in Friday’s Asian session, down 0.10% on the day. RBNZ signaled more rate reductions,…
NZD/USD steadies near four-month low as focus shifts to Powell speech
[ad_1] The New Zealand Dollar steadies around a four-month low, pausing a three-day losing streak after the RBNZ’s rate cut.…
Canadian Dollar strengthens to near 1.3900 ahead of Powell’s Jackson Hole speech
[ad_1] USD/CAD weakens to around 1.3905 in Friday’s early Asian session. Flash US S&P Global Manufacturing PMI surprises to the…
GBP/USD maintains position above 1.3400 ahead of Fed Powell’s speech
[ad_1] GBP/USD steadies as traders adopt caution ahead of Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium. The…
Forex Today: Will Chair Powell…?
[ad_1] The US Dollar (USD) outperformed its peers on Thursday, gathering extra steam on the back of solid data releases…