The Australian Dollar (AUD) recovered from early losses during Thursday’s European trading session, pushing the AUD/USD pair slightly higher as the US Dollar (USD) pulled back from recent gains. However,…
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The Australian Dollar (AUD) recovered from early losses during Thursday’s European trading session, pushing the AUD/USD pair slightly higher as the US Dollar (USD) pulled back from recent gains. However,…
Gold extended losses during Wednesday’s North American session, slipping below the $3,300 mark after peaking at $3,325 earlier in the day. At the time of writing, XAU/USD is down about…
In the currency market, the US dollar experienced a remarkable rally. A widely – used gauge of dollar strength spiked by as much as 0.9%. This increase was a direct…
Federal Reserve Bank of San Francisco President Mary C. Daly emphasized Thursday that maintaining a modestly to moderately restrictive monetary policy remains essential for bringing inflation back down toward target…
Minneapolis Federal Reserve President Neel Kashkari expressed his support on Tuesday for maintaining current interest rates until there is greater clarity on how higher tariffs will influence inflation. Kashkari highlighted…
The US Dollar Index (DXY) has staged a remarkable comeback recently. As demand for American assets has skyrocketed and the prospects of a Federal Reserve interest rate cut have diminished,…
The Australian Dollar (AUD) extended its gains against the US Dollar (USD) on Monday, reaching fresh six-month highs amid sustained weakness in the greenback fueled by mounting concerns over the…
Minneapolis Federal Reserve President Neel Kashkari emphasized uncertainty as a key concern for the Fed and US businesses during his speech in Tokyo early Monday. He described the ongoing tariffs…
The US Dollar Index (DXY), which measures the greenback’s performance against a basket of six major currencies, continued its descent on Friday, nearing a two-week low. At the time of…
The Australian Dollar (AUD) extended gains against the US Dollar (USD) on Thursday, marking a second consecutive day of strength as the AUD/USD pair held steady following the release of…
In a significant development, the Treasury Department announced on Monday that the United States witnessed an unprecedented surge in customs duties in April, raking in a record – breaking $16.3…
The Australian Dollar (AUD) rebounded on Wednesday, regaining ground after losing more than 0.50% in the previous session, as the US Dollar (USD) continued its decline. The AUD/USD pair benefited…
The USD/CAD currency pair continued its downward trajectory for the third consecutive session on Wednesday, breaking below a short-term trading range and hitting its lowest level in nearly two weeks…
The Indian Rupee (INR) extended its losing streak against the US Dollar (USD) for the sixth consecutive session on Monday, pressured by sustained demand for the Greenback from importers and…
In a significant move to defuse escalating trade tensions, the United States and China have agreed to temporarily lower tariffs on each other’s products. This strategic decision offers the world’s…
KUALA LUMPUR – The Malaysian ringgit ended at a lower value against the US dollar on Friday, as news regarding a potential trade deal between the United States and China…
The Australian Dollar (AUD) edged higher against the US Dollar (USD) on Thursday, rebounding from losses in the previous session as easing global trade tensions and robust domestic employment data…
Federal Reserve Bank of San Francisco President Mary Daly emphasized a cautious and patient approach to monetary policy late Wednesday, citing the resilience of the US economy and ongoing uncertainty…
The AUD/USD pair is trading near the lower boundary of its daily range, reflecting market indecision amid a weakening US Dollar (USD). The US Dollar Index (DXY) has slipped toward…
The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, has remained subdued for the second consecutive day, hovering around 100.90 during Wednesday’s Asian…
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