Pound Sterling Holds Steady as BoE and Fed Maintain Parallel Rate Stance
The British pound is showing signs of consolidation this week, trading in a narrow range against the US dollar as both the Bank
Forex News
Forex News
RBNZ Expected to Hold Rate, But Inflation Pressures Keep Hike on the Table
The Reserve Bank of New Zealand (RBNZ) is widely expected to keep its official cash rate (OCR) unchanged at its upcoming monetary policy
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Indonesian Rupiah Faces Macro Headwinds but Reversal Risks Remain, MUFG Says
The Indonesian rupiah continues to face significant macroeconomic headwinds from a strong US dollar and domestic structural challenges, but analysts at MUFG Bank
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Australia’s April CPI Expected to Remain Stubbornly High, Keeping Pressure on RBA
Australia’s consumer price index (CPI) for April is expected to remain stubbornly high, according to preliminary market forecasts and analyst consensus, signaling that
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Standard Chartered: Sri Lanka’s Policy Tightening Lends Support to the Rupee
Standard Chartered has identified Sri Lanka’s ongoing monetary policy tightening as a key factor providing support to the nation’s currency, the Rupee. In
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New Zealand Kiwi Under Pressure as RBNZ Boxed In by Its Own Rate Cuts
The New Zealand dollar, affectionately known as the kiwi, is facing renewed headwinds as the Reserve Bank of New Zealand (RBNZ) finds itself
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Australian Dollar Holds Ground as Traders Brace for Key CPI Data
The Australian Dollar (AUD) is trading in a narrow range against major peers on Wednesday, as market participants adopt a cautious stance ahead
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Dollar Edges Lower as Treasury Yields Slip and Rate Hike Bets Cool
The US dollar slipped slightly against a basket of major currencies on Tuesday, as a retreat in Treasury yields prompted traders to scale
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Australia CPI Forecast to Stay Stubbornly Above RBA Target in April
Australia’s consumer price index (CPI) is expected to remain well above the Reserve Bank of Australia’s (RBA) target range when April data is
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ECB Hawks Eye June Rate Hike, BNY Warns Markets Underestimate Tightening Risk
The European Central Bank may deliver a rate hike in June, not a cut, according to a new analysis from BNY. The warning
