United States Dollar: Fed story supports modest gains – ING
ING’s Chris Turner notes the Dollar is holding gains after the Federal Reserve’s hawkish shift under Chair Kevin Warsh, with markets pricing about 44bp of tightening by Q2 2026.
Read More »SNB’s Schlegel dodges question on the addition of “if necessary” about FX intervention
Energy prices still determined by war situation If necessary our readiness to intervene in forex market is higher, difficult to say if it is more or less than before We…
Read More »investingLive Asia-Pacific FX news wrap: US-Iran memorandum of understanding signed
Warsh leaves markets guessing as Fed framework overhaul raises more questions than answers China rolls out third trade-in fund tranche as weak retail data keeps stimulus pressure on Japan’s Kihara…
Read More »CITIC Securities sees Fed on hold all year as Warsh faces political & inflation crosswinds
CITIC’s hold call pushes against the market’s current lean toward an October hike, creating a divergence worth monitoring as the US-Iran MOU beds in and energy-driven inflation pressure eases. If…
Read More »Euro rebounds above 1.1500 on US‑Iran peace breakthrough, Fed holds rate
The EUR/USD pair recovers some lost ground near 1.1515 during the early Asian trading hours on Thursday. The Euro (EUR) strengthens against the US Dollar (USD) on improved risk sentiment…
Read More »Federal Reserve set to keep interest rates unchanged as Warsh era begins
The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, another pivotal meeting for markets to gauge the stance of policymakers and new Chair Kevin Warsh…
Read More »Trump: Says the Iran deal will open Strait of Hormuz
G7 leaders are thrilled we made a deal. The last night was brutal. $200M of bombs were dropped. New leaders are smart and far less radicalized Do not want to…
Read More »India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
Read More »Japan Machinery Orders (MoM) came in at 8.7%, above expectations (0.9%) in April
Japan Machinery Orders (MoM) came in at 8.7%, above expectations (0.9%) in April
Read More »Breaking: RBA leaves key rate unchanged at 4.35% in June, as expected
The Reserve Bank of Australia (RBA) announced on Tuesday that it holds the Official Cash Rate (OCR) at 4.35% after concluding its June monetary policy meeting. The decision aligned with…
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