The TradeTheNews Team shares that RBNZ’s decision to drop its tightening bias and introduce the possibility of a rate cut sent NZD/USD plunge towards 0.7310, lowest since 2011...
FXStreet Editor and Analyst, Dhwani Mehta, retains her bearish outlook for XAU/USD, expecting USD bulls to lead the pair to test its daily lows. Key Quotes “Gold prices in terms of US dollar (XAU/USD) gave away previous gains and ended lower on Wednesday at 1284...
The New Zealand Dollar is reacting higher following the RBNZ decision to maintain unchanged its interest rates at 3.5% and its statement. The bank affirmed that they "expect to keep the OCR on hold for some time...
The Federal Reserve's Federal Open Market Committee is set to announce its latest policy monetary decision at 2:00 pm ET. Expectations are for, well, not much. The Fed is expected to keep interest rates pegged at 0%-0...
US DOLLAR TECHNICAL ANALYSIS Prices may be preparing to decline after prices put in a bearish Evening Star candlestick pattern. Near-term support is at 11725, the intersection of the 14...
AUD/USD is currently trading at 0.7970 with a high of 0.8026 and low of 0.7899. AUD/USD is stablising since the drop back down through the 0.80 handle and has caught a minor bounce at 0.7940, and has come out of the consolidating and was paid at 0...
USDCAD reached new high this month 2009 level high. Strong US economy with Canada's interest-rate cut The Canadian dollar is worth just above 80 cents U.S. today...
Singapore unexpectedly eased monetary policy, sending the currency to the weakest since 2010 against the U.S. dollar as the country joined global central banks in shoring up growth amid dwindling inflation...
Boeing Co. published a Q4 profit that beat analysts’ estimates and predicted that it would make good in 2015 in converting a record jetliner-order backlog into cash, Bloomberg reported. The company's shares jumped in early trading...
Greek Prime Minister Alexis Tsipras and his finance chief pledged to avoid a standoff with creditors as stock and bond markets tumbled on the prospect of a prolonged fight with fellow European governments...
Gold traded with slight changes, near a five-month high as investors assessed the outlook for U.S. interest rates before the Federal Reserve's two-day meeting. Economists polled by Bloomberg suppose the Fed will stay focused on raising rates about mid-term...
The only preview you need of today's first FOMC statement for 2015, one which has already cornered Yellen as any additional USD strength from here on out will certainly be economy and S&P500 negative, and who as Deutsche summarizes is damned if she does, and damned if she doesn't, and that as...
The greenback was mostly backed vs major currencies on Wednesday, as market players awaited the outcome of today's Fed meeting, with the bank expected to stick to its pledge to be patient on tightening monetary policy...
The eFXnews Team shares SEB’s expectations on today’s FOMC statement, with SEB predicting that FOMC may retain its language that it can be ‘patient’, and that Fed might have a dovish tone in terms of short-term inflation forecasts...
GBP/USD edged higher in the mid-European session, breaking away from the consolidation channel seen in the previous session as markets brace for the upcoming Fed’s decision. The GBP/USD pair traded at 1.5204 levels, marginally higher by 0.08% on the day, close to fresh daily highs posted at 1...
The stabilization on the currency market will contribute to considerable strengthening of the ruble, Russian Deputy Finance Minister Alexei Moiseyev said...
Copper advanced on Wednesday, as market players awaited the outcome of the Federal Reserve's policy meeting later in the day for guidance on interest rates...
China's currency has been outrunning both the Canadian and Australian dollars since November, according to a SWIFT statement. Some experts say the yuan could eventually overtake the American dollar share in international markets...
S&P cuts Russia’s debt rating for the first time in six years. Geopolitical risks continue to weigh on the RUB as the situation in eastern Ukraine worsens...
Shares in European suppliers of Apple Inc leapt on Wednesday after the technology giant announced the largest profit in the history of the firm, spurred mainly by record sales of iPhones and strong demand in China...
