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Australian Dollar pares gains following the Monthly Consumer Price Index – FXStreet

The Australian dollar is holding firm on the back of new Chinese economic stimulus measures. Australia's monthly consumer price index rose 2.7% year-on-year in August, below the expected 2.8% increase and the previous 3.5% increase. The People's Bank of China's Gongsheng Bank said it would cut the reserve requirement rate by 50 basis points and […]

New poll indicates whether Harris or Trump is making gains with younger voters

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USD/JPY erases gains for the day as post-Fed reaction weighs – ForexLive

The dollar is falling in European morning trading as the post-Fed reaction is now starting to weigh more heavily. USD/JPY traded as high as 143.94 in Asia but is now trading roughly flat at 143.18. USD/JPY hourly chart Looking at the market as a whole, stocks are rising while bond yields are falling from the […]

Gold Price Forecast: XAU/USD consolidates gains near fresh all-time highs – FXStreet

XAU/USD Current Price: $2,582.67 Investors are awaiting the Federal Reserve's announcement and its first interest rate cut in four years. U.S. Treasury yields fell to new annual lows, weighing on the US dollar. XAU/USD has retreated slightly from its all-time highs, but bullish potential remains. Gold prices hit a new record high of $2,589.50 per […]

Francine gains strength and is expected to be a hurricane when it reaches US Gulf Coast

Tropical Storm Francine was strengthening and swirling in the Gulf of Mexico and was expected to reach hurricane strength before making landfall in Louisiana on Tuesday. Storm surge warnings were issued for areas from east of Houston to the mouth of the Mississippi River south of New Orleans, according to the National Hurricane Center. Such […]