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]
ECB’s Wunsch: Four more rate cuts is a meaningful scenario that I feel relatively comfortable with
European Central Bank (ECB) policymaker Pierre Wunsch said on Wednesday that “four more rate cuts is a meaningful scenario that I feel relatively comfortable with.” Additional quotes Impact of tariffs depends on reaction in the exchange rate. A … [Continue reading]
Ripple investors book $1.5 billion in profits after RLUSD launch, XRP struggles near $2.58 resistance
XRP has risen over 10% since Ripple launched the RLUSD stablecoin. XRP investors booked nearly $1.5 billion in profits in the past 24 hours following its recent price rise. XRP struggles near the $2.58 resistance as investors maintain the $4.75 … [Continue reading]
EUR/USD unplugs bullish attempt, slips back below 1.05
EUR/USD shed a fresh fifth of a percent against the Greenback on Tuesday. Fed-centric US data docket dominates investor sentiment. EU data remains light this week, traders focus on upcoming Fed rate call. Bullish momentum behind the Euro evaporated … [Continue reading]