EUR/USD consolidates in a range just above a two-year low touched earlier this month. The ECB’s dovish outlook is seen undermining the shared currency amid a bullish USD. Traders await the US PCE data – the Fed’s preferred inflation gauge – for … [Continue reading]
Mexican Peso retraces as Banxico eyes further easing in 2025
Mexican Peso advances as Banco de Mexico reduces rates in line with forecasts. Banxico reduced the main reference rate to 10%, highlighting Q3 economic growth and inflation to reach the target in Q3 2026. USD/MXN set for uncertainty as Fed's hawkish … [Continue reading]
Cardano Price Prediction: Bearish signal emerges as ADA eyes rebound to $1.20
Cardano price tumbled below $1 on Thursday as prospects of fewer Fed rate cuts in 2025 triggered a sharp market-wide sell-off. Large transaction volumes have declined by $13 billion between December 2 and December 18, signaling disinterest among … [Continue reading]
US Dollar orbits at elevated levels after the Fed spooks markets with a hawkish tilt for 2025
The US Dollar retreats from its two-year high after the Fed signaled fewer interest-rate cuts ahead. The FOMC members have concerns on inflation throughout 2025 and factor in a Trump-effect. The US Dollar Index (DXY) is trading … [Continue reading]
Three other G10 central banks to come – Commerzbank
And for those who still haven't had enough of central banks, there are three more meetings today. The first will be the Swedish Riksbank, which will announce its interest rate decision at 9:30 a.m., Commerzbank’s FX analyst Volkmar Baur notes.Thee … [Continue reading]
Ueda Speech: BoJ Governor speaks on policy outlook after holding interest rate
Bank of Japan (BoJ) Governor Kazuo Ueda explains reasons behind keeping interest rates intact at the December meeting while speaking at the post-policy meeting press conference on Thursday. The Japanese Yen has come under renewed selling … [Continue reading]
Crypto market bleeds following hawkish rate cut decision by Fed
The Federal Reserve announced a hawkish decision to cut interest rates twice in 2025. XRP, Solana and Dogecoin registered losses of nearly 10%. The crypto market has seen nearly $700 million in liquidations in the past 24 hours. Bitcoin and the … [Continue reading]
New Zealand Gross Domestic Product (YoY) came in at -1.5%, below expectations (-0.4%) in 3Q
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Gold price dips ahead of key Federal Reserve decision
Gold falls 0.33% as markets anticipate Fed rate cut. Markets have nearly fully priced in a 25-basis-point rate cut; focus shifts to the Fed's dot plot for 2025 rate path insights. Investors remain attentive to US data, including GDP data and … [Continue reading]
Crude Oil faces small bounce after over API was bigger than expected drawdown
Oil prices are rebounding back to $70.00 after surprise drawdown in US API data. Kazakhstan defy OPEC+ production limitations in 2025 and raises Oil output next year, according to Bloomberg. The US Dollar Index trades around 107.00 ahead … [Continue reading]