AUD/USD Holds Steady Near Recent Highs as Anticipated RBA Rate Hike Looms
The Australian dollar held steady against its US counterpart on Wednesday, trading near recent highs as markets widely anticipate a rate hike from
Forex News
Forex News
GBP/JPY Price Forecast: Buyers Defend Critical 100-Day SMA as Momentum Weakens
The GBP/JPY price forecast shows buyers actively defending the 100-day Simple Moving Average (SMA) as momentum weakens. This key technical level now serves
Forex News
EUR/USD: ECB’s Nagel Flags June Rate Hike Risk as Volatility Stays Muted – BNY Analysis
The EUR/USD currency pair remains in a state of subdued volatility. This comes as European Central Bank (ECB) board member Joachim Nagel flags
Forex News
USD/JPY Outlook: Intervention Risk and Oil Prices Drive Volatility – BNY Analysis
Bank of New York Mellon (BNY) warns that USD/JPY outlook remains heavily influenced by intervention risk and fluctuating oil prices. The Japanese yen
Forex News
US ISM Manufacturing PMI April Data: Critical Release That Could Crush EUR/USD
The financial world is bracing for a pivotal event this week: the release of the US ISM Manufacturing PMI data for April. This
Forex News
BoE Pill Signals Urgent Need for Prompt Action Against New Inflation Pressure
The Bank of England’s (BoE) Chief Economist, Huw Pill, has delivered a stark warning. He states the central bank should act more promptly
Forex News
Fed’s Kashkari Warns: Large Price Shock Could Force Aggressive Series of Rate Hikes
Minneapolis, MN — March 20, 2025. Federal Reserve Bank of Minneapolis President Neel Kashkari delivered a stark warning on Wednesday. He stated that
Forex News
Iran Reportedly Sends Latest Proposal to US: A Critical Diplomatic Shift
Iran has reportedly sent its latest proposal to the United States, marking a pivotal moment in the ongoing nuclear negotiations. This development comes
Forex News
Fed Hammack Uncertainty: Economic Policy Path Faces Critical Uncertainty, Warns Fed Official
The Federal Reserve’s Beth Hammack recently delivered a stark message: uncertainty around the economy and the policy path has risen significantly. This statement,
Forex News
Gold Price Suffers Second Weekly Loss as Higher-for-Longer Rate Bets Dominate Markets
Gold heads for its second consecutive weekly loss as higher-for-longer interest rate bets dominate financial markets. The precious metal struggles under the weight