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 […]
Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Fed, ECB, China PMI, AUD/USD. Crude Oil – Talking Points Euro support eased as markets look toward rate changes this week. A strong Chinese PMI wasn’t enough to overcome weak local data for the Aussie The Fed, ECB and BoE are in the box seat this week. Where will EUR/USD end […]
Asia FX muted, dollar steadies as Fed meeting looms By Investing.com
© Reuters By Ambar Warrick Investing.com — Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations […]
XAU/USD stays defensive above $1,920 support as US Dollar steadies ahead of Fed, NFP
Gold price bounces off intraday low but stays directionless after closely missing the bear’s entry in the week. China’s return boosts Asia-Pacific shares, S&P 500 Futures bear the burden of firmer yields. XAU/USD bulls appear running out of steam even as Fed’s dovish hike, downbeat expectations from US NFP probe bears. Gold price (XAU/USD) aptly […]
Japanese Yen Steadies on PMI Data and Markets Assess Risks. Where to for USD/JPY?
Japanese Yen, USD/JPY, US Dollar, PMI, Nikkei 225, ECB, EUR/USD – Talking Points The Japanese Yen inched higher after a tick-up in PMI numbers A buoyant mood from US tech stocks spilled into other equity markets As the Lunar New Year festivities continue, will thin trade impact USD/JPY? Recommended by Daniel McCarthy Get Your Free […]
Asia FX steadies before U.S. CPI data, dollar nears 7-month low By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies crept higher on Thursday and the dollar fell in anticipation of data showing a further easing in U.S. consumer inflation, while the Japanese yen rallied sharply after the country logged a record-high current account surplus. The dollar retreated further on Thursday, and was close to its lowest […]
Asia FX slips while dollar steadies ahead of CPI readings By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currency markets edged lower on Wednesday as traders stepped back from risk-driven assets ahead of economic cues from key inflation readings this week, while the dollar steadied from recent losses. After logging a strong start to the week on optimism over a Chinese reopening, regional units crept […]
Asia FX stalls, dollar steadies in anticipation of Powell speech By Investing.com
© Reuters. By Ambar Warrick Investing.com — A rally in Asian currencies stalled on Tuesday as markets awaited more cues on U.S. monetary policy from an address by Federal Reserve Chair Jerome Powell later in the day, while caution over a Chinese reopening grew amid rising COVID-19 cases in the country. Powell is expected to […]
Crude Oil Price Steadies the Ship Despite the Fed Staying on Course. Where to for WTI?
Crude Oil, WTI, Energy, Europe, FOMC, Fed Minutes, Contango – Talking Points Crude oil prices found some support today after solid US jobs data on Friday The Fed still have its work cut out for them and that might weigh on WTI Some structural aspects of futures could be saying something. New lows for WTI? […]
Asia FX steadies as dollar rebound slows ahead of Fed minutes By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under pressure on Tuesday as sentiment was […]