Indian Rupee steadies near monthly top, Fed Chair Powell, RBI Interest Rate Decision eyed
Share: USD/INR grinds higher around monthly peak, bulls take a breather after three-day uptrend. Cautious sentiment ahead of Fed Chair Jerome Powell’s speech, RBI interest rate decision probes the Indian Rupee pair traders. Firmer Oil price, hopes of dovish guidance from RBI joins hawkish hopes from Fed to keep buyers hopeful. Reuters poll […]
Dollar Looks to Jumps on Fed Decision!
All eyes are on the Federal Reserve as the next decision awaits. A 25-basis point hike is expected after months of aggressive rate hikes ensued last year. With the EURUSD testing 1.09 again, will we see a full recovery on the pair? Timestamps EURUSD 01:45 USDJPY 03:05 The post Dollar Looks to Jumps on Fed […]
Dollar flat ahead of Fed decision; risk of hawkish push-back seen By Investing.com
© Reuters By Geoffrey Smith Investing.com — The dollar was flat in early trading on Wednesday in Europe, with the markets becalmed ahead of the U.S. Federal Reserve’s policy decision later. By 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of advanced economy currencies, was at $101.84, down less than […]
XAG/USD slumps below $23.50 ahead of the FOMC’s decision
Silver fails to hold to its earlier gains above the 20-day EMA, with traders eyeing $23.00. Silver Price Analysis: Consolidated, slightly skewed downwards, as oscillators turned bearish. Silver price struggles at the 20-day Exponential Moving Average (EMA) at $23.66 and is dropping toward the lows of the day, at around $23.40s, as investors prepare for […]
FTSE, Dax Remain Rangebound Ahead of ECB and BoE Rate Decision
German Dax 40, FTSE 100 Latest: German Dax builds in a solid range that has continued to hold over the past few weeks. FTSE 100 dips below the 20-day MA (moving average) – strikes over wages in the UK rise but stocks hold steady (at least for now). Equity indices remain resilient ahead of central […]
U.S. dollar slips against euro ahead of Fed rate decision By Reuters
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar edged lower against the euro on Wednesday ahead of an eagerly-awaited Federal Reserve policy decision with investors hoping the U.S. central bank will signal the […]
Gold Slides Ahead of Fed Decision!
Gold began a correction as prices slipped away from the $1950 zone yesterday. The yellow metal started the year well as evidence has grown that monetary tightening have peaked. Up over 20% from last year’s low, is this price movement just a retracement, or are we looking at a full reversal? Timestamps XAUUSD 01:30 DXY […]
XAU/USD seesaws around $1920s with traders bracing for US FOMC’s decision
Gold is subdued, though barely above its opening price, ahead of the Federal Reserve meeting. United States last week’s data justifies the Fed’s case to slow the size of interest rate increases. Gold Price Forecast: Choppy trading, still mostly sideways with traders sidelined ahead of the Fed’s decision. Gold price trades mostly sideways due to investors preparing […]
EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead
EUR/USD Price, Chart, and Analysis German Q4 GDP misses expectations and turns negative. EUR/USD is back above 1.0900 ahead of major data and events. Recommended by Nick Cawley Get Your Free EUR Forecast Most Read: EUR/USD Technical Outlook: Minor Setback on the Cards? German gross domestic product (GDP) turned negative in the fourth quarter of […]
Dollar edges higher as traders await Fed decision By Reuters
© Reuters. FILE PHOTO: Australian dollar and U.S. dollar denominations are shown in a photo illustration at a currency exchange in Sydney, Australia, June 7, 2016. REUTERS/Jason Reed By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar ticked up on Wednesday in subdued trading as investors looked towards the Federal Reserve’s policy decision […]