Tuesday , 7 January 2025

Forex

Forex

JP Morgan now sees the Fed delivering 75 bps worth of rate cuts for 2024

This just matches up with the Fed thinking and market pricing currently. On the latter, traders are pricing in the first rate cut...

Forex

NZ PM Luxon: Economic conditions are deteriorating

New Zealand’s (NZ) Prime Minister Christopher Luxon said on Monday that he is seeing a deterioration in economic conditions.

Forex

Gold price drops to over one-week low amid reduced Fed rate cut expectations

Gold price (XAU/USD) trades with a negative bias for the third straight day on Monday and drops to the $2,050 level, or over...

Forex

New Zealand’s Prime Minister Luxon says is seeing a deterioration in economic conditions

Prime Minister Christopher Luxon is holding a press conference on a wide range of topics.Says economy deteriorating. Earlier today we had some improvement...

Forex

ForexLive Asia-Pacific FX news wrap: Expectations of a BoJ policy shift tomorrow rise

BOJ to end NIRP and YCC, "a done deal" - here's what might be a dovish surpriseUS prediction market will now accept punts...

Forex

Australian Dollar maintains its position amid weaker US Dollar, ASX 200 Index

The Australian Dollar (AUD) snaps its losing streak on Monday. The AUD/USD pair receives upward support as the US Dollar (USD) retraces its gains...

Forex

USD/INR loses ground ahead of Fed rate decision

Indian Rupee (INR) recovers its lost ground on Monday amid the modest decline of US Dollar (USD).

Forex

Japanese Yen hangs near one-week low against USD, seems vulnerable ahead of BoJ/Fed

The Japanese Yen (JPY) remains depressed for the fifth straight day on Monday and weakens further below the 149.00 mark, to over a...

Forex

WTI continues its winning streak amid heightened concerns over supply, climbs to $80.90

West Texas Intermediate (WTI) oil price continues its upward trajectory, reaching around $80.90 per barrel during the Asian trading hours on Monday.

Forex

BOJ to end NIRP and YCC, “a done deal” – here’s what might be a dovish surprise

Nomura says that a Bank of Japan exit from its negative interest rate policy (NIRP) and yield curve control (YCC) tomorrow is "basically...