The AUD/USD pair ended a three-game losing streak on Wednesday, recovering from its lowest level since mid-November. However, hawkish comments from Fed officials and safe-haven capital inflows may boost the…
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USD/CAD ended its five-day winning streak in Asia on Wednesday, trading around 1.3820. A mild pullback in the U.S. dollar has put downward pressure on the USD/CAD pair. However, weaker…
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In early Asian trading on Wednesday, the New Zealand dollar/US dollar rebounded to 0.5905, rebounding from the year’s low of 0.5860. Expectations that the Reserve Bank of New Zealand is…
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In early trading in Asia on Wednesday, USD/JPY fell slightly and was around 154.65. A strong U.S. economy and solid inflation data have fueled expectations that the Federal Reserve (Fed)…
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In early trading in Asia on Wednesday, the EUR/USD continued to fall to around 1.0620, rebounding from the annual low of 1.0600. However, hawkish comments from Federal Reserve (FED) officials…
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GBP/USD remains on the defensive around 1.2430 in early Asian trade on Wednesday. Federal Reserve Chairman Powell’s speech released a hawkish bias and the US retail sales data improved further,…
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On Tuesday, NZD/USD fell to 0.5879, down 0.46%. The NZD/USD trend is largely influenced by market correction expectations and the Federal Reserve’s delay in cutting interest rates at the end…
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The U.S. dollar index (DXY) surged to a new 2024 high, hitting near 106.50. On April 17, weekly mortgage applications, the Fed’s Beige Book and long-term cross-border capital (TIC) net…
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John Williams, president of the Federal Reserve Bank of New York and a member of the Federal Open Market Committee’s voting committee, said on Tuesday that inflation of all types…
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Federal Reserve Chairman Jerome Powell participated in a fireside chat on North American economic trends at the Wilson Center’s Washington Forum in Washington, DC. Powell said the U.S. economy is…