Forex
Gold price consolidates above $2,150 level as traders keenly await Fed policy update
Gold price (XAU/USD) extends its sideways consolidative price move during the Asian session on Wednesday as traders opt to wait for the outcome...
ForexLive Asia-Pacific FX news wrap: USD/JPY rises to 151.30
FOMC previews:FOMC preview - shift to projection for two rate cuts for 2024 from 3 is a "close call"FOMC preview - a 25%...
Australian Dollar remains in the positive territory, with attention on Fed policy decision
The Australian Dollar (AUD) has rebounded from intraday losses and is striving to shift into positive territory on Wednesday.
FOMC preview – shift to projection for two rate cuts for 2024 from 3 is a “close call”
Snippet from CIBC on what they expect from the Federal Reserve's FOMC today:The funds rate will be left unchanged, and Powell ought to...
Japanese Yen languishes near YTD low against USD as traders keenly await Fed decision
The Japanese Yen (JPY) prolongs its downtrend against its American counterpart for the seventh straight day and drops to over a four-month low...
USD/INR attracts some buyers ahead of Fed rate decision
Indian Rupee (INR) loses momentum near its lowest in a month on Wednesday.
ASX 200 fluctuates around 7,710 due to market caution ahead of Fed decision
The ASX 200 Index snaps its three-day winning streak, edging down to near 7710 on Wednesday.
Ether ETFs Likely Won’t Get Approved in May
Bloomberg is gated but CoinDesk have the piece up:Bloomberg analyst James Seyffart believes a spot ether exchange-traded fund won't get approved in May....
“How the BOJ’s plan for a smooth exit from negative rates unraveled”
This is a really interesiting piece from Reuters on the machinations inside the Bank of Japan on ending negative rates.The decision to do...
FOMC preview – a 25% to 30% chance of the Fed signaling only two rate cuts in 2024
Rick Rieder, chief investment officer of global fixed income and head of the global allocation investment team at BlackRock, the world's largest asset...
