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Gold price consolidates around $2,650 area as traders await FOMC Minutes

Gold price (XAU/USD) stabilizes following the previous day's late pullback from the $2,665 hurdle as traders opt to move to the sidelines ahead of Wednesday's release of the FOMC Minutes later during the US session.
New
update2025.01.08 13:07

Silver Price Forecast: XAG/USD steadies near $30.00 amid uncertainty over Trump's tariff

Silver price (XAG/USD) extends its winning streak for the fifth consecutive day, trading around $30.10 per troy ounce during the Asian hours on Wednesday.
New
update2025.01.08 12:44

USD/INR flat lines ahead of FOMC Minutes

The Indian Rupee trades flat in Wednesday's Asian session. The USD sales help ease the INR's pressure, but an unabated outflow of foreign capital could weigh on the INR.
New
update2025.01.08 12:09

AUD/JPY hovers near 98.50 following Australia's monthly inflation data

AUD/JPY recovers its small daily losses, trading around 98.40 during the Asian session on Wednesday.
New
update2025.01.08 11:29

Japanese Yen hangs near multi-month low against USD; seems vulnerable

The Japanese Yen (JPY) languishes near a six-month low against its American counterpart and seems vulnerable to prolonging a one-month-old downtrend amid uncertainty about the timing of the next rate hike by the Bank of Japan (BoJ).
New
update2025.01.08 11:10

Ex-BoJ's Governor Kuroda predicts more rate hikes

Former Bank of Japan (BoJ) Governor Haruhiko Kuroda presented a research paper on Wednesday, predicting more interest rate hikes over the coming years.
New
update2025.01.08 11:05

WTI rises above $74.00 on larger drop in US crude oil inventories, hopes for China's demand

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.15 on Wednesday.
New
update2025.01.08 10:44

Australian Dollar remains subdued despite a stronger monthly inflation

The Australian Dollar (AUD) remains subdued for the second consecutive session against the US Dollar (USD), with the AUD/USD pair holding losses despite stronger-than-expected monthly inflation data released on Wednesday.
New
update2025.01.08 10:40

PBOC sets USD/CNY reference rate at 7.1887 vs. 7.1879 previous

On Wednesday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1887 as compared to the previous day's fix of 7.1879 and 7.3435 Reuters estimates.
New
update2025.01.08 10:15

USD/CAD holds positive ground above 1.4350 on bullish US Dollar, FOMC Minutes in focus

The USD/CAD pair posts modest gains near 1.4360 during the early Asian session on Wednesday.
New
update2025.01.08 09:44

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