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AUD/USD ticks higher as RBA also expected to delay cutting interest rates

AUD/USD climbs about a tenth of a percent into the 0.6440s on Thursday, continuing the correction of the steep sell-off in the pair at the start of April.
New
update2024.04.18 21:43

ECB's Villeroy: Barring a major surprise, we should cut rates in next meeting

French central bank head and European Central Bank (ECB) policymaker Villeroy de Galhau said on Thursday that they could cut rates in the next meeting, barring a major surprise, per Reuters.
New
update2024.04.18 21:42

US Philadelphia Fed Manufacturing Index jumps to 15.5 in April vs. 1.5 expected

The Diffusion Index for current general activity of the Federal Reserve Bank of Philadelphia's Manufacturing Survey rose sharply to 15.5 in April from 3.2 in March.
New
update2024.04.18 21:39

ECB's Knot: Not uncomfortable with market pricing of rate cuts

In an interview with Bloomberg on Thursday, European Central Bank (ECB) Governing Council member Klaas Knot said that he expects a "cautious slide" in key rates after June.
New
update2024.04.18 21:31

Oil sinks over 3% in two trading days despite sanction risks against Iran

Oil prices retreat further on Thursday, extending the decline triggered on Wednesday after a string of headlines from the US President Joe Biden administration over tariffs and sanctions.
New
update2024.04.18 20:45

USD/CAD backtracks after strong rally in April

USD/CAD is trading in the 1.3750s on Thursday, down roughly a tenth of a percent on the day as it continues to backtrack after the strong rally at the beginning of April.
New
update2024.04.18 20:01

USD/CHF dips below 0.9100 as US Dollar corrects

The USD/CHF pair falls below the round-level support of 0.9100 in Thursday's European session.
New
update2024.04.18 19:57

Mexican Peso traces out a line after Banxico Heath's comments

The Mexican Peso (MXN) traces a flat line on most charts on Thursday, as traders digest the previous day's gains prompted by comments from Banxico Deputy Governor Jonathan Heath.
New
update2024.04.18 19:51

Little in Australia jobs report to suggest RBA is closer to cutting - TD Securities

Analysts at TD Securities don't think that the latest employment data from Australia will bring the Reserve Bank of Australia (RBA) closer to lowering its policy rate.
New
update2024.04.18 19:47

US Dollar extends correction with bulls being pushed out of their positions

The US Dollar Index (DXY), which tracks the US Dollar against six major currencies, is facing issues with several parties screaming bloody murder on the stronger Greenback. This week, European Central Bank (ECB) President Christine Lagarde was the
New
update2024.04.18 19:45

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