AUD/NZD plummeted in early Tuesday trading, bottoming at 1.1440 in the wake of the Reserve Bank of Australia (RBA) decision to leave its Official Cash Rate at 3.6%. The result was broadly expected, but policymakers’ tone heaped pressure on the
AUD/JPY in the early Asian hours on Tuesday floated near 103.20 levels, after the Reserve Bank of Australia (RBA) kept its Official Cash Rate at 3.6%. The cut had been widely anticipated by markets; however, the more dovish tone from officials helped
Gold traded in a tight range through the Asian session on Tuesday as traders adopted a risk-off approach ahead of the all-important FOMC interest rate decision. The precious metal has been range-bound for nearly a week as investors wait to see
WTI crude slipped just under $60 on Monday, trading with a slightly negative vibe. Still, it’s hanging near the two-week high it hit on Friday, so sellers aren’t really taking over. The price has been climbing for three weeks straight,
USD/CAD barely budged around 1.3950 during Friday’s Asian hours. No one wanted to make a big move before Canada’s jobs numbers drop later today. The pair stuck to its range from Thursday, with everyone waiting for fresh economic clues that
NZD/USD climbed higher in Monday’s Asian trading, pushing toward 0.5785 after China posted surprisingly strong trade numbers. China’s trade surplus hit $111.68 billion in November—its biggest in five months and a big jump from October’s $90.07 billion. That matters for
USD/CAD remains in a slightly range-bound area around the 1.3950 level in Friday’s Asian trading, as traders are wary of taking action ahead of Canada’s November employment data. The labour market figures, which are scheduled to be released later in the
GBP/USD isn’t really going anywhere right now, hovering near 1.3330 in Friday’s Asian hours. Everyone’s just waiting for the US PCE inflation numbers—the data got delayed, so traders are playing it safe until they see what the Fed might do
Gold Prices (XAU/USD) remain stuck in a tight range so far this Friday, trading around $4,210, as investors remain wary ahead of the US Personal Consumption Expenditures (PCE) Price Index. The precious metal has been trading in a tight range
Early on Thursday, GBP/USD is trading around 1.3330, retreating from its recent two-month high. The main story? The US Dollar bounced back, even though American economic data has been underwhelming. People are keeping an eye on the calendar—big US numbers
WTI crude prices nudged higher in Thursday’s Asian trading, up about 0.25% and flirting with the $59 mark. The bump came right after Ukraine struck the Druzhba pipeline in Russia’s Tambov region—a major supply line pushing oil into Hungary and
The yen lost a bit of ground against the US dollar in Thursday’s Asian trading. Still, it’s not all bad news for the yen. Traders are treading carefully these days, not eager to bet against the Bank of Japan. There’s