The Australian Dollar backed away from higher ground after the US Dollar ascendency got back on track as markets digest the Federal Reserve’s prospective rate path. Where to for AUD/USD?...
Crude oil prices consolidated going into Thursday after testing the low side of the range as markets reassess the monetary policy outlook. Will the range break for WTI?...
Gold prices retreat as Fed chair Powell retains hawkish stance, signaling that the central bank will resume hiking rates at upcoming meetings, an event that could push real and nominal yields higher....
The U.S. dollar rises after the FOMC chairman said more monetary tightening is on the horizon and that the majority of Fed officials support two additional hikes for the remainder of the year....
As the Fed, ECB and BoE approach the end of the rate hiking cycle, an evidence-based approach remains the common theme as the risk of overtightening picks up...
It seems Japanese officials were hoping that hints at intervention may be enough to arrest the Yen’s slide. At this rate it looks as though intervention may be the only saving grace if a policy shift remains off limits....