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On Tuesday, San Francisco Federal Reserve President Mary Daly said, “We have to evaluate how long we can keep interest rates at current levels,” she said on Tuesday. Daly added…

USD/CAD appears to be heading lower for a second consecutive session on Wednesday in Asia, fluctuating lower to around 1.3560. Strengthening crude oil prices provided support for the Canadian dollar,…

NZD/USD attracted some bargain hunting during Wednesday’s Asian session and may now be looking to extend the overnight rally from yearly lows just below 0.5950. Spot prices are currently trading…

The Australian dollar (AUD) traded lower on Wednesday after giving up recent gains recorded on Tuesday. However, the US dollar depreciated as US Treasury yields came under downward pressure, providing…

In Asia on Wednesday, the Japanese yen (JPY) exchange rate rose against the U.S. dollar, but lacked follow-up and remained within the range of shocks for the past two weeks…

On Wednesday, the Bank of Japan announced that it would continue to purchase Japanese government bonds (JBGs), unchanged from its previous proposal. The Bank of Japan will purchase 150 billion…

On Wednesday, EUR/USD fell modestly to around 1.0765 after rebounding from multi-week lows near 1.0720. The U.S. dollar index is weak, sitting below the 105.00 mark, providing some support for…

GBP/USD is trading around 1.2575, maintaining a mild bearish bias, despite the greenback’s losses on Wednesday. GBP/USD remains weak amid slowing UK inflation and subdued market sentiment. Traders will be…

Cleveland Fed President Loretta Mester said, “Without sufficient evidence to convince us that inflation is on a sustainable path back to 2% in time, lowering interest rates too early or…

During Tuesday’s London session, the Pound Sterling (GBP) remained confined within a narrow range near a six-week low around 1.2540 against the US Dollar (GBP/USD). The lackluster performance of the…