February 20, 2025 10:32 am
The USD/CHF currency pair was weaker on Thursday, pulling back from a 1-week peak of 0.9054, as US President Donald Trump’s tariff plans and a cautious approach from Federal Reserve policy makers prompted market players to reassess US interest rate outlook. US President Trump announced this week sector-wide tariffs on pharmaceuticals and semiconductor chips would […]
Read moreFebruary 20, 2025 8:41 am
The USD/MYR currency pair weakened on Thursday as US President Donald Trump’s tariff plans and a cautious approach from Federal Reserve policy makers prompted market players to reassess US interest rate outlook. US President Trump announced this week sector-wide tariffs on pharmaceuticals and semiconductor chips would begin at “25% or higher.” The Trump administration also […]
Read moreFebruary 19, 2025 2:09 pm
The GBP/USD currency pair edged lower on Wednesday, after data showed annual core inflation in the UK had picked up sharply in January and ahead of the FOMC minutes release. Annual inflation rate in the UK has accelerated to 3% in January, data by the Office for National Statistics showed, from 2.5% in December. It […]
Read moreFebruary 19, 2025 11:40 am
The GBP/NZD currency pair initially hit an intraday high of 2.2209 on Wednesday, then moved back below the 2.2100 mark, after a policy decision by the Reserve Bank of New Zealand and after data showed annual core inflation in the UK had picked up sharply in January. The Reserve Bank of New Zealand cut its […]
Read moreFebruary 19, 2025 9:43 am
The NZD/USD currency pair initially hit an intraday low of 0.5677 on Wednesday, then rebounded back above the 0.5700 mark, after the Reserve Bank of New Zealand cut its official cash rate by 50 basis points to 3.75% at its February policy meeting, in line with market consensus. The move brought borrowing costs to their […]
Read moreFebruary 18, 2025 10:12 am
The USD/CAD currency pair remained stuck within a narrow range on Tuesday, as market players weighed tariff concerns and the Federal Reserve’s rate cut trajectory. The Trump administration has already imposed a 10% tariff on imports from China, announced and postponed 25% tariffs on imports from Mexico and non-energy imports from Canada and is also […]
Read moreFebruary 13, 2025 8:23 am
The EUR/USD currency pair scaled a one-week peak of 1.0440 on Thursday on news the US seeks to begin talks with Russia to end the Ukraine war. US President Donald Trump said yesterday that both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed willingness for peace in separate phone calls with him. The […]
Read moreFebruary 12, 2025 11:36 am
The USD/MXN currency pair edged higher on Wednesday ahead of the key 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 steadied at 2.9% in January, according to market consensus. Annual core CPI inflation probably eased to 3.1% in January. […]
Read moreFebruary 12, 2025 9:34 am
The USD/MYR currency pair held not far from a one-week high of 4.4745 on Wednesday ahead of the key 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 steadied at 2.9% in January, according to market consensus. Annual core CPI […]
Read moreFebruary 7, 2025 8:15 am
The USD/INR currency pair edged lower on Friday, pulling back from a fresh record high, after the Reserve Bank of India (RBI) lowered interest rates for the first time since May 2020. The RBI reduced its benchmark repo rate by 25 basis points to 6.25% at its February meeting, as largely expected. This way, borrowing […]
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