The AUD/NZD pushed higher for a fifth straight session, closing 0.31% higher at 1.1146. The cross made new multi-year highs and now eyes 1.1200, the cross briefly traded above 1.1200 back in 2022 and ...
The USD is weaker across the board in the first part of Monday Asia Pac dealing. Trump's pick of Scott Bessent as Treasury Secretary is a likely driver. The BBDXY index closed at 1291.22 in NY trade ...
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Executive SummaryThe minutes to the November FOMC meeting (released Tuesday at 1400ET) will be viewed in light of the hawkish tilt in Fed officials’ commentary in the 3 weeks since they decided to cut ...
The Federal Reserve will stick to its 2% inflation target as part of its 2025 framework review and focus on the Statement on ...
The oil market is “still complacent” about the geopolitical risks posed by an extension of sanctions against Iran and Russia, according to Rapidan Energy’s Bob McNally.“The next administration’s ...
The Chilean peso has underperformed today on the back of a further decline in copper prices, with the currency falling 1.3% against the dollar. Copper is down by 0.6% today and 1.9% from its weekly ...
Spain's El Pais is reporting that the gov't of Ukrainian President Volodymyr Zelenskyy has called for an urgent meeting with NATO following Russia's use of a 'new generation' missile on the city of ...
The European Central Bank is debating whether to maintain its commitment to “keep policy rates sufficiently restrictive for ...
According to a Bloomberg article, Morgan Stanley believes the USDBRL short-term floor is at 5.40 and the pair is seen “consolidating” around 6.30 into the 2026 election, according to a strategist.The ...
Italy’s 2024 fiscal deficit is likely to be 0.1-0.2 percentage point higher than its target of 3.8% of GDP, and the country’s ...