Forex News

The USD/CHF pair has been trading positively for the second consecutive day, hovering near the 0.8670 mark in Tuesday’s Asian session. Traders are closely monitoring the US July PPI report, which is expected to be released later in the day. The possibility of a rate cut by the US Federal Reserve in September has caused
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Central Banks play a crucial role in maintaining price stability within a country or region. The constant fluctuation of prices for goods and services can lead to inflation or deflation. The main objective of central banks such as the US Federal Reserve (Fed), the European Central Bank (ECB), and the Bank of England (BoE) is
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The AUD/USD pair experienced a slight retreat on Friday, settling near 0.6575, showcasing a modest descent of 0.30%. Despite this minor setback, the Reserve Bank of Australia (RBA)’s consistent hawkish stance and the positive Chinese inflation data reported during the European session have the potential to maintain the strength of the Australian Dollar. RBA’s Hawkish
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The Mexican Peso has seen an increase in demand despite Banxico’s surprising decision to lower rates by 25 bps in a 3-2 split decision. This move by the central bank signals further easing ahead, despite the risks of inflation and concerns about economic growth. The board of Banxico revealed that the Consumer Price Index (CPI)
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Federal Reserve Bank of Kansas City Jeffrey Schmid recently indicated that lowering monetary policy could be a viable option if inflation continues to remain low. This suggests that the current stance of Fed policy is not overly restrictive, but there is room for adjustment if necessary. While financial conditions can have a significant impact on
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The NZD/USD pair experienced a significant surge in response to the release of upbeat employment details. The employment report indicated an increase in the number of employed individuals by 0.4% in the second quarter, surpassing market expectations. This positive data not only demonstrated a strengthening labor market but also reduced the likelihood of a potential
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