Australian Dollar Outlook: AUD/USD Rebound Eyes Downtrend Resistance Ahead of Fed
The AUD/USD recovery is nearing downtrend resistance– a level that could determine whether buyers regain control. All eyes on.
Pound Sterling Price News and Forecast: GBP/USD holds 1.3400 as Fed's rate decision looms
Pound Sterling Price News and Forecast: GBP/USD holds 1.3400 as Fed's rate decision looms
Sanctions Waivers on Oil Sales and Related Services Take Effect Immediately
The provision allowing waivers of sanctions on oil sales, along with essential services such as banking, transportation, and insurance, comes into effect immediately following the recent agreement signing, sources report. This move aims to facilitate oil sales by easing restrictions on the associated financial and logistical services.
Canadian Dollar holds near recent lows as soft Oil, Fed uncertainty lift USD/CAD
Canadian Dollar holds near recent lows as soft Oil, Fed uncertainty lift USD/CAD
Gold Is Finding Its Footing
Gold has surged at its fastest pace in two months following reports that Donald Trump has called off strikes against Iran. The precious metal extended its rally on news of a deal between Washington and Tehran.
USD/JPY Forecast: Yen fails to recover after BoJ decision
The trading week continues, and the Japanese yen's lack of short-term strength is once again standing out. Recent USD/JPY pri.
FED Confirms FOMC Meeting Started on Schedule at 10 AM ET
The Federal Reserve announced that the Federal Open Market Committee (FOMC) meeting commenced as planned at 10 AM Eastern Time. This update confirms there were no delays or changes to the meeting schedule.
Silver rises on US Dollar weakness as markets eye Fed decision
Silver rises on US Dollar weakness as markets eye Fed decision
ECB's Lane Affirms Commitment to Proactive Monetary Policy
ECB Executive Board member Philip Lane stated that the European Central Bank will maintain a proactive approach in its monetary policy to address economic challenges. This signals potential ongoing interventions to support the Eurozone economy.
ECB's Lane Signals Need for Monetary Policy Action Amid Persistently High Inflation
ECB Executive Board member Philip Lane stated that inflation remains well above target looking ahead a year, indicating the necessity for monetary policy adjustments. This suggests the ECB may implement measures to address ongoing inflationary pressures.