January 28, 2025 11:32 am
The USD/SEK currency pair extended the gains from a day ago on Tuesday, as the US Dollar firmed after new US tariff threats and ahead of the outcome of the Federal Reserve’s and Riksbank’s policy meetings. US President Trump announced on Monday plans to impose tariffs on imported computer chips, pharmaceuticals and steel in an […]
Read moreJanuary 28, 2025 10:20 am
The USD/NOK currency pair extended a rebound from a 5-week low of 11.1635 on Tuesday, as the greenback firmed in the wake of new US tariff threats. US President Trump announced on Monday plans to impose tariffs on imported computer chips, pharmaceuticals and steel in an attempt to encourage domestic production. Market focus also sets […]
Read moreJanuary 28, 2025 9:00 am
The USD/SGD currency pair surged sharply on Tuesday, while rebounding from a seven-week low of 1.3421, in the wake of new US tariff threats and ahead of the outcome of the Federal Reserve’s two-day policy meeting. US President Trump announced on Monday plans to impose tariffs on imported computer chips, pharmaceuticals and steel in an […]
Read moreJanuary 22, 2025 8:28 am
The USD/MYR currency pair plummeted to a fresh six-week low of 4.4440 on Wednesday, after the Central Bank of Malaysia left borrowing costs without change for a tenth straight policy meeting in January, in line with market consensus. The Central Bank of Malaysia maintained its benchmark interest rate at 3%, as policy makers remained supportive […]
Read moreJanuary 16, 2025 8:06 am
The South Korean Won pulled back from a fresh one-week high against the US Dollar, after the Bank of Korea surprisingly left interest rates without change at its January meeting. The Bank of Korea kept its base rate intact at 3%, against market consensus of a 25 basis point cut. The rate decision came amid […]
Read moreJanuary 15, 2025 12:19 pm
Industrial production in the Euro Area was reported to have risen 0.2% month-over-month in November, after a revised up 0.2% growth in October. The latest result fell short of market consensus of a 0.3% increase. In November, production rebounded for: – energy (up 1.1% after a 1.3% drop in October); – durable consumer goods (up […]
Read moreJanuary 15, 2025 9:33 am
The USD/NOK currency pair eased from a recent peak of 11.5302, its highest level since March 2020, on Wednesday ahead of the essential US CPI inflation data that could provide further clues over the Federal Reserve’s monetary easing path. Annual headline consumer inflation in the US probably picked up to 2.9% in December, according to […]
Read moreJanuary 15, 2025 8:10 am
The GBP/USD currency pair remained pressured not far from a 14 1/2-month low of 1.2099 on Wednesday, after data showed annual headline and core inflation rates in the UK had slowed in December. Annual inflation rate in the UK eased to 2.5% in December from 2.6% in November, data by the Office for National Statistics […]
Read moreJanuary 13, 2025 11:54 am
Annual CPI inflation in India has slowed further, to 5.22% in December from 5.48% in November, data showed on Monday. In comparison, a consensus of analyst estimates had pointed to a slowdown to 5.3%. The inflation rate has remained within the Reserve Bank of India’s medium-term target range of 2%-6%. Food inflation in the country […]
Read moreJanuary 13, 2025 9:55 am
The number of jobs advertised in the major daily newspapers in Australia as well as on Internet sites rose 0.3% month-over-month in December, the latest data by ANZ showed. That followed a 1.8% drop in the preceding month and implied labor market resilience amid high interest rates. Hiring activity usually halts during December, but still, […]
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