The Dollar Index takes its floor from a Fed non-voter | FXStreet
The Dollar Index (DXY) concluded Thursday’s trading session having successfully established and defended a crucial floor just above the 98.50 mark, an effort that yielded a marginal gain of approximately…
Australian Dollar Under Pressure as Labor Market Weakens, Global Monetary Policy Divergence and US Dollar Volatility Drive AUD/USD to 0.7110
The Australian Dollar (AUD) experienced a notable decline of 0.22% against the US Dollar (USD) on Thursday, trading around the 0.7110 mark at the time of writing. This depreciation primarily…
Commerzbank Forecasts Riksbank Policy Rate Hold Amid Persistent Hawkish Stance and Geopolitical Uncertainty
Commerzbank’s Antje Praefcke anticipates that Sweden’s central bank, the Riksbank, will maintain its benchmark policy rate at 1.75% during its upcoming monetary policy meeting. This decision is expected to be…
US Treasury Boosts Bond Buyback Operations Amidst Soaring $40 Trillion National Debt, Fueling Gold Rally
The United States Treasury Department announced on Wednesday a significant expansion of its bond buyback operations, intending to at least double the maximum size of its liquidity-support buybacks for longer-dated…
USD/CHF Plunges Nearly 2% as US Treasury Buyback Triggers Greenback Sell-Off and Yield Dive, Shifting Technical Momentum Bearish.
The US Dollar experienced a significant downturn on Wednesday, with the USD/CHF currency pair tumbling by nearly 2%, propelled by an unexpected announcement from the US Treasury regarding a bond…
US Treasury Yields Advance Amid Geopolitical Oil Surge and Disappointing Domestic Economic Data, Weakening Dollar
United States Treasury yields saw a notable advance on Friday during the North American trading session, exhibiting a complex market reaction that saw them reverse an initial decline triggered by…
Silver Price Forecast: XAG stalls as yields cap recovery | FXStreet
The precious metal, Silver (XAG/USD), concluded Friday’s trading session with a modest advance of approximately 0.39%, settling at $64.70. This upward movement followed a rebound from daily lows of $63.51,…
China’s Drastic Oil Import Reduction and Subsequent Rebound Reshape Global Energy Price Dynamics Amidst Middle East Supply Shocks.
The global energy landscape in early to mid-2022 was characterized by extreme volatility and heightened geopolitical risk, with the Middle East emerging as a critical flashpoint for supply concerns. However,…
AUD/USD Extends Consolidation Amid Divergent Central Bank Stances and Geopolitical Headwinds
The AUD/USD currency pair finds itself entrenched in a consolidative price movement for the third consecutive day, trading around the mid-0.7000s during the early European session on Wednesday. This sideways…
Reserve Bank of Australia Poised for Second Consecutive Rate Hold Amid Shifting Inflation Outlook
The Reserve Bank of Australia (RBA) is widely anticipated to maintain the Official Cash Rate (OCR) steady at 4.35% for the second consecutive meeting this Tuesday, marking a critical juncture…
















