On Thursday, the NZD/USD in Asia was still on the defensive above the 0.6100 mark. The Federal Reserve kept interest rates unchanged at its January meeting and opened the door…
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AUD/USD opened flat on Thursday in Asia as the Federal Reserve decided to keep interest rates on hold and leave the door open to easing policy in 2024. Despite the…
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After the market widely expected the Federal Reserve to decide to keep interest rates unchanged, Federal Reserve Chairman Powell’s hawkish tendency at the press conference further strengthened the US dollar,…
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In Asia on Wednesday, GBP/USD extended losses for the second consecutive trading day, fluctuating down to around 1.2680. The market maintained risk aversion, pushing investors to pursue the US dollar,…
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The Indian rupee (INR) weakened on Wednesday. Safe-haven inflows fueled the pair’s recovery as traders preferred to wait and see ahead of the Federal Open Market Committee’s (FOMC) interest rate…
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In Asia on Wednesday, the NZD/USD pair interrupted two consecutive gains and fell to around 0.6120. Market participants remain cautious as tensions rise in the Middle East, with the market…
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The Australian dollar (AUD) remained on a downward trend on Wednesday after Australia’s December quarter inflation slowed more than expected. This has traders considering the possibility of as many as…
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In early trading in Asia on Wednesday, USD/CAD broke its four-day losing streak. USD/CAD rebounded on the back of upbeat US employment and consumer confidence data, which boosted the US…
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In early Asian trading on Wednesday, NZD/USD pared its gains but was still above 0.6100. Stronger-than-expected labor market data could convince the Federal Reserve to delay its planned interest rate…
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In early Asian trading on Wednesday, GBP/USD remained below the 1.2700 mark. UK national housing prices for January are due to be released later on Wednesday ahead of the Federal…