ECB rate decision, US inflation data to drive market action
Here is what you need to know on Thursday, September 11: Major currency pairs trade in narrow ranges…
Focus shifts to US CPI, while the ECB is seen “on hold”
Mounting speculation of further rate cuts by the Federal Reserve next week weighed down the US Dollar (USD)…
EUR/USD falls to 1.1705 as US Dollar rebounds despite Fed cut bets
The Euro retreats from 1.1779 high as the US Dollar recovery offsets weaker US labor data.BLS revises payrolls…
NZD/USD rallies beyond 0.5900 on Dollar weakness, strong China’s trade
The New Zealand Dollar approaches three-week highs, buoyed by the US Dollar’s weakness.The US Dollar remains pinned near…
Inflation is still the main concern
Atlanta Federal Reserve (Fed) President Raphael Bostic said that high inflation remained the Fed’s main risk, but added…
EUR/USD plunges below 1.1700 as Fed turmoil sparks risk-off move
US Dollar gets bid as traders flee risk assets amid Fed pressure, soaring bond yields and tariff disputes.Trump’s…
Ringgit ends higher on hopes of US Fed rate cut in September
KUALA LUMPUR: The ringgit rebounded to close higher against the US dollar and other major currencies on market…
British Pound bulls retain control amid hawkish BoE tilt
GBP/USD pauses for a breather after last week’s hawkish BoE-inspired strong move up. Rising Fed rate cut bets…
WNBA sex toy incidents started by Crypto meme coin group
Cryptocurrency meme coin creators behind recent WNBA sex toy incidents USA TODAY Sports has uncovered the group behind…
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FX daily: Diverging central bank stories
The same day President Trump installed an (interim) dovish ally in the FOMC, the Bank of England struck…
EUR/GBP slides further toward 0.8750 as traders pare back bets for BoE cuts
The Sterling bounced up against the Euro after Thursday’s BoE monetary policy decision.The split vote of the BoE’s…
GBP/USD extends bullish rebound ahead of expected BoE rate cut
GBP/USD clawed back above 1.3350 on Wednesday as Greenback pressures eased further.The BoE is set to deliver its…