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USD/CAD edges higher to near 1.4400 as Fed policymakers signal fewer rate cuts next year

USD/CAD holds thin gains after three days of losses, trading around 1.4380 during the Asian hours on Tuesday.
New
update2024.12.24 12:02

Japanese Yen remains vulnerable amid doubts over BoJ's rate-hike plans

The Japanese Yen (JPY) continues with its relative underperformance against its American counterpart for the second straight day on Tuesday and remains close to the multi-month low touched last week.
New
update2024.12.24 11:38

USD/INR gathers strength ahead of holiday-shortened trading week

The Indian Rupee (INR) extends its downside on Tuesday after reaching an all-time low in the previous session.
New
update2024.12.24 11:29

Australian Dollar remains under pressure following the release of the RBA Meeting Minutes

The Australian Dollar (AUD) loses ground for the second successive day against the US Dollar (USD) on Tuesday following the release of the Reserve Bank of Australia's (RBA) Meeting Minutes for its December monetary policy.
New
update2024.12.24 11:14

Japan's Kato: Will take appropriate action against excessive moves

Japan's Finance Minister Katsunobu Kato on Friday that they "will take appropriate action against excessive moves." Additional quotes Important for currencies to move in stable manner reflecting fundamentals.
New
update2024.12.24 10:27

PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1870 previous

The People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1876, as compared to the previous day's fix of 7.1870 and 7.3031 Reuters estimates.
New
update2024.12.24 10:17

EUR/USD weakens to near 1.0400 amid quiet session

The EUR/USD pair trades with mild losses around 1.0400 during the early Asian session on Tuesday.
New
update2024.12.24 09:56

RBA Minutes: Upside inflation risks have diminished

The Reserve Bank of Australia (RBA) published the Minutes of its December monetary policy meeting on Tuesday, highlighting that the board had gained confidence in inflation since the prior meeting, but risks remained.
New
update2024.12.24 09:44

BoJ Minutes: If inflation trends align with expectations, gradual rate hikes possible

The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of the October meeting.
New
update2024.12.24 09:04

GBP/USD set to swoon on holiday-shortened week

GBP/USD waffled near the 1.2550 level on Monday, kicking off the holiday trading week with a third of a percent decline as market sentiment coils.
New
update2024.12.24 08:19

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