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USD/CHF trades on a positive note above 0.9050, focus on Fed's Daly's speech

The USD/CHF pair trades on a stronger note around 0.9085 during the early European session on Thursday.
New
update2024.05.09 15:44

Forex Today: BoE policy in focus, Hawkish Fed policymakers keep US Dollar firm

Here is what you need to know on Thursday, May 9: The US Dollar (USD) exhibits strength against its rivals in Thursday's early London session as Federal Reserve (Fed) policymakers remain convinced about resilient United States economic prospects and lacks confidence over inflation declining to the desired rate of 2%.
New
update2024.05.09 15:40

BoE set to leave interest rates unchanged amid increasing expectations of cuts

The Bank of England (BoE) is set to hold its policy rate flat for a sixth meeting in a row on Thursday amid persistent disinflationary pressure in the UK and investors' repricing of interest rate reductions earlier than anticipated.
New
update2024.05.09 15:00

EUR/GBP extends the rally above 0.8600, all eyes on the BoE rate decision

The EUR/GBP cross extends its upside around 0.8605 during the early Europen trading hours on Thursday.
New
update2024.05.09 14:28

GBP/USD moves below 1.2500 ahead of BoE policy decision

GBP/USD extends its losing streak for the third successive session, trading around 1.2490 during the Asian session on Thursday.
New
update2024.05.09 14:24

NZD/USD inches higher to near 0.6000 after Chinese Trade data

NZD/USD has extended its gains for the second consecutive session, trading around 0.6010 during the Asian session on Thursday.
New
update2024.05.09 13:21

Gold price gains ground, investors await US data, Fedspeak for fresh catalyst

Gold price (XAU/USD) trades with a positive bias on Thursday amid the absence of top-tier economic data releases at mid-week.
New
update2024.05.09 12:24

EUR/USD hovers around 1.0750 with a negative sentiment amid hawkish Fed

EUR/USD could extend its losses for the third successive session, trading around 1.0750 during the Asian session on Thursday.
New
update2024.05.09 12:20

China's Trade Balance: Imports rose sharply in April

China's Trade Balance for April, in Chinese Yuan terms, came in at CNY513.45 billion, widening from the previous figure of CNY415.86 billion.
New
update2024.05.09 12:18

USD/CAD rebounds to near 1.3750 due to hawkish Fed officials

USD/CAD retraces its recent losses registered in the previous session, trading higher around 1.3730 during the Asian session on Thursday.
New
update2024.05.09 11:49

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