Banxico cuts rates 25 bps to 7.50% as expected, further easing eyed
Banco de Mexico (Banxico) reduced its main reference rates by 25 basis points as expected, to 7.50% with…
Read MoreUSD/JPY jumps to near 148.30 as Fed Powell’s caution on rate cuts boosts US Dollar
USD/JPY climbs to near 148.30 as Fed’s Powell didn’t endorse aggressive dovish stance. Fed’s Powell warns of slowing…
Read MoreUSD/CAD Price Forecast: Approaches monthly high of 1.3890 as US Dollar outperforms
USD/CAD jumps to near 1.3875 as the US Dollar trades firmly. Fed’s Powell warns caution on further interest…
Read MoreThe commodities feed: Copper jumps after grasberg force majeure
LME copper prices surge to the highest in more than a year on Freeport’s force majeure. Metals – Copper…
Read MoreUSD/JPY hits three-week high as Greenback rebounds, BoJ minutes in focus
The Yen slides to a three-week low against the US Dollar, with USD/JPY buoyed by broad Greenback strength.…
Read MoreForex Today: SNB rate call, US GDP, Japan Tokyo CPI inflation on deck
The US Dollar lurched higher on Wednesday, sparked by a fresh round of risk aversion across the broader…
Read MoreUSD/CHF Price Forecast: 20-day EMA continues to act as key barrier for US Dollar bulls
USD/CHF trades cautiously around 0.7925 ahead of Fed Chair Powell’s speech. The Fed lowered interest rates last week…
Read MoreEUR/CHF dips as Eurozone PMIs highlight uneven recovery, SNB in focus
EUR/CHF retreats after a three-day winning streak as the Euro loses traction. Eurozone HCOB flash PMIs show services…
Read MoreFed’s Bostic: I would be open to using an inflation target range
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday he could eventually support shifting the central bank’s 2%…
Read MoreUSD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech
USD/CHF trades with caution around 0.7920 ahead of Fed Powell’s speech at 16:35 GMT. Fed Miran supports lowering…
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