Australian Dollar remains subdued despite Trump confirmation of US-China trade discussions – FXStreet
The Australian dollar barely moves as trading activities remained tamped due to Good Friday holidays. Trump has hit a breach of optimism, suggesting that a trade deal with China could be finalized within three to four weeks. Federal Reserve Chairman Jerome Powell warned that combining a weak economy with sustained inflation could increase the risk […]
Australian Dollar remains subdued despite a stronger monthly inflation – FXStreet
The Australian dollar weakened as Australia's trimming average fell from 3.5% to 3.2% annually. Australia's monthly consumer price index rose 2.3% year-on-year in November, the highest level since August. The dollar rose on Tuesday as the yield on the 10-year U.S. Treasury rose more than 1%. The Australian dollar (AUD) remains weak against the US […]
EUR/USD remains subdued around 1.0300 ahead of preliminary German inflation – FXStreet
Differences in monetary policy outlooks between the Fed and ECB could cause EUR/USD to fall to parity. Markets are pricing in a 113 basis point cut in ECB interest rates this year. The US Federal Reserve is expected to pause its easing cycle at its January meeting. EUR/USD fell slightly after registering gains in the […]
EUR/USD remains subdued around 1.0350 as ECB maintains a dovish outlook for this year – FXStreet
EUR/USD faces headwinds as the ECB maintains a dovish stance on interest rate policy in 2025. The ECB is expected to lower deposit facility rates to a neutral rate of 2% by June 2025. The U.S. dollar index rose to multi-year highs following a hawkish policy shift by the Federal Reserve. EUR/USD continues to decline […]
Would-be hijacker subdued on Volaris flight: video
Passengers and crew were able to quickly apprehend a man who tried to hijack a Tijuana-bound plane, take the flight attendants hostage and divert it to the United States, with dire consequences for the new video show. Footage posted on social media and local media shows the 31-year-old hijacker, identified only as Mario, surrounded by […]
Asian stocks subdued, dollar drifts ahead of US Thanksgiving – Yahoo Finance
Written by Harry Robertson and Uncle Banerjee LONDON/SINGAPORE (Reuters) – European shares rose on Thursday after falling a day earlier, while Asian stocks fell as trading volume eased ahead of the U.S. Thanksgiving holiday. The continent-wide STOXX 600 index rose 0.48% after falling 0.75% in the previous two sessions. MSCI's broadest index of Asia-Pacific stocks […]
Gold price advances closer to $2,600 on geopolitical risks, subdued USD price action – FXStreet
Gold prices gained some positive traction on Monday, snapping a six-day losing streak. Geopolitical risks benefit safe-haven XAU/USD as USD demand weakens. The Fed's aggressive rate cuts and bets on higher Treasury yields will limit further gains. Gold prices (XAU/USD) have shaved off some of their modest intraday gains to remain below $2,600 heading into […]
Japanese Yen remains subdued due to the potential for BoJ to delay rate hikes – FXStreet
The Japanese yen is under downward pressure as traders assess the Bank of Japan's policy outlook. Bank of Japan Governor Ueda suggested the bank would assess market and economic conditions before making any policy adjustments, suggesting there is no urgency to raise interest rates. The US Dollar is facing difficulties due to rising dovish sentiment […]
Japanese Yen remains subdued as Fed’s Powell says 50 bps cuts are not a new pace – FXStreet
The Japanese yen fell after Fed Chairman Powell stressed that a 50 basis point rate cut was not a “new pace.” Hawkish views on the Bank of Japan could limit the yen's decline. Federal Reserve policymakers raised their longer-term outlook for the federal funds rate to 2.9% from 2.8%. The Japanese Yen (JPY) pared intraday […]
Australian Dollar remains subdued due to rising concerns over China economy – FXStreet
The Australian dollar is under downward pressure due to concerns about a worsening Chinese economy. A hawkish view on the Reserve Bank of Australia's policy outlook could limit the Australian dollar's decline. The US dollar is struggling as the likelihood of aggressive policy changes increases. Federal Reserve Interest Rate cut on Wednesday. The Australian dollar […]