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Australian Dollar softens as risk-off mood meets FOMC countdown

The Aussie Dollar loses 0.11% against the Greenback on Tuesday as risk appetite remains negative amid calls from AI company CEOs to slow development, while the FOMC monetary policy meeting looms. Expe ...

New Zealand Current Account - GDP Ratio increased to -3.2% in 2Q from previous -3.6%

The Euro edges lower as Frankfurt's hike takes effect the day Washington votes

EUR/USD closed Tuesday near 1.1540, down 0.1%. It fell on the day the European Central Bank (ECB) raised its deposit rate to 2.50% and in each of the three sessions since.

GBP/JPY Price Forecast: Rebounds above 207.00 as oversold risk eases

The GBP/JPY edges higher by about 0.29% on Tuesday, even as risk appetite has shifted to the sour side due to geopolitical developments that are driving global bond yields higher amid inflation fears. ...

The Pound drifts lower as the Fed lines up a rate above the Bank of England's

GBP/USD closed Tuesday near 1.3470, down 0.2%. Wednesday's Asian and London hours are the last before the Fed is expected to raise its rate for the first time since July 2023. By the New York close it ...

New Zealand Dollar slides ahead of Fed’s decision

NZD/USD trades close to the 0.5760s, extending a run of losses that has dragged it toward the lower end of its recent range. A broadly firmer US Dollar (USD) is behind the slide, with the greenback su ...

Chinese Yuan: Range-bound with slight downside bias against US Dollar – UOB

Quek Ser Leang at UOB notes USD/CNH remains directionless, trading narrowly around 6.71 with little change in momentum. Intraday, the pair is expected to hold between 6.7060 and 6.7160.

Mexican Peso retreats as USD/MXN bounces from near YTD low

The Mexican Peso (MXN) loses some ground against the US Dollar (USD) on Tuesday, with USD/MXN rising by over 0.09% amid a sour market mood and a stronger Greenback, ahead of the FOMC monetary policy d ...

Indonesian Rupiah: Market tests Indonesia policy credibility – Commerzbank

Commerzbank analysts report that USD/IDR extended gains as investors assessed the appointment of Suahasil Nazara as Indonesia’s new Finance Minister, the third in under two years.

While everybody obsesses about rate hikes, federal spending marches along unabated

While everyone obsesses over the possibility of a quarter-point interest rate hike, the U.S. government keeps adding to its massive $40 trillion debt.

Namibia in the process of building its initial Gold reserves

Namibia wants gold, and it’s launched a program to get it.

Crude Oil rallies again as Saudi Arabia's route around Hormuz shuts

West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain.