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All eyes on the FOMC meeting

In the US, the main event of the week will be the FOMC meeting tonight. Previously this week we revised our call now expecting a 25bp rate hike at the meeting.

EUR/USD Price Forecast: 1.1500 to remain key support level for Fed’s Day

The Euro (EUR) trades with caution at around 1.1545 against the US Dollar (USD) during the early European trading session on Wednesday. The major currency pair is expected to remain under pressure as ...

Bessent talked strong USD, CNY continues to strengthen

Asia market update: Headlines continue to be dominated by Trump/Xi speculation, bond yields and oil prices; Cautious trading again prevails ahead of key Fed and BOJ decisions; Bessent talked strong US ...

China Could Curb Fuel Exports as Diesel and Gasoline Stocks Sink

China’s diesel fuel and gasoline inventories are declining, which may eventually lead to the imposition of export curbs, Bloomberg has reported, citing recent fuel inventory data. Gasoline inventories ...

Cardano Price Forecast: Bearish breakout warns of a 15% downside risk

Cardano (ADA) hovers around $0.1900 at press time on Wednesday after a 6% decline the previous day, breaking below a crucial support level. Declining on-chain activity across the Cardano ecosystem, wi ...

Indian Rupee clings to recent losses ahead of Fed’s policy

The Indian Rupee (INR) holds onto over-a-week long losses against the US Dollar (USD) in the opening session on Wednesday.

Trump administration appeals block on California vehicle emissions rules

Brookfield to acquire Reliance Worldwide in all-cash $2.9B deal

WTI tumbles to near $100.00 on surprise US inventory build despite supply disruption worries

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $100.00 during the early European trading hours on Wednesday. WTI falls after an unexpected build in US crude inventories.

Japanese Yen remains depressed near one-week low vs USD as traders await Fed, BoJ

The USD/JPY pair attracts some buyers for the third straight day and touches a one-week high, around the 155.45-155.50 region, during the Asian session on Wednesday. Spot prices, however, lack follow- ...

Saudi Arabia Gold price today: Gold rises, according to FXStreet data

Gold prices rose in Saudi Arabia on Wednesday, according to data compiled by FXStreet.

Axon prices $1B offering of 0% convertible senior notes due 2031, adds capped calls