Federal Reserve (Fed) Chair Kevin Warsh's press conference moved EUR/USD further than the Fed's decision did. The pair climbed from the lower half of Wednesday's range through 1.1150 in three five-minute bars as he spok…
Three five-minute bars of Fed Chair Warsh's press conference wiped out the Dollar Index's climb into the decision and took it through the session's earlier low. It fell from just above 102.40 to near 102.05, its lowest …
Gold price retreats by 0.21% on Wednesday as Federal Reserve Chair Kevin Warsh said that he is unable to call financial conditions tight, even though credit conditions have tightened. The XAU/USD trades at $4,039 at the…
At the post-meeting press conference, Fed Chair Kevin Warsh explained why policymakers decided to maintain interest rates following the October meeting and took questions from reporters about the decision.
Rapport Therapeutics (RAPP) shares sank 22% in premarket trading this morning after it sold stock at a steep discount to pay for its next round of trials.
ASX 200 rallies 1.37% to 8,844 as weak US payrolls ease Fed hike bets and gold rebounds above US$4,100, capping a choppy week bridging the FY26 close and FY27 open.
Silver (XAG/USD) consolidates modest losses on Wednesday as traders hold back from aggressive bets ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT. Meanwhile, the US Dollar (USD) also ease…
UOB’s Lee Sue Ann notes that the Reserve Bank of New Zealand (RBNZ) kept the Official Cash Rate (OCR) at 2.75% in a narrow 4-3 decision, but maintained a clear tightening bias. With inflation still above target and risk…
The Swiss Franc (CHF) has retraced previous gains against the US Dollar (USD) on Wednesday and trades practically flat on the daily chart, stronger as investors brace for the Federal Reserve’s (Fed) monetary policy deci…
Commerzbank’s Norman Liebke expects the Bank of Canada (BoC) to deliver a widely anticipated 25 bps hike to 2.5%, though he views this as premature given subdued core inflation. Markets have priced four hikes by Septemb…
ING's Chris Turner sees scope for a partial unwind of a 20bp risk premium in 10-year UK gilt yields following the budget. While the Bank of England's tightening outlook should remain broadly unchanged unless minimum wag…
Standard Chartered’s Nicholas Chia expects the Reserve Bank of Australia to raise its cash rate to 4.85% in Q4, likely on 3 November, after stronger-than-projected Q3 underlying inflation. The bank sees the first rate c…
Gold (XAU/USD) stalls its rebound on Wednesday as investors await the Federal Reserve’s (Fed) monetary policy announcement, due at 18:00 GMT. A modest pullback in Oil prices helped bullion recover from its lowest levels…
Governor Tiff Macklem is set to take questions from reporters shortly, which should offer markets a clearer read on the central bank’s thinking. His remarks come after the widely anticipated decision to raise the policy…
The increasing reliance on automatic code generation integrated with Generative AI technology has raised new challenges for cybersecurity defense against code injection, insecure code templates, and adversarial manipula…
The Indian Rupee (INR) gives back its opening gains and turns slightly negative against the US Dollar (USD) on Wednesday. The USD/INR pair ticks up to near 95.16 as the Indian currency underperforms due to multiple head…
UOB’s Quek Ser Leang and Lee Sue Ann note EUR/USD’s downside bias has intensified after the pair broke below 1.1135 faster than expected, reaching 1.1121. Intraday, they see strong but stretched downside momentum, limit…
GBP/USD continues its losing streak for the fourth consecutive day, trading around 1.3290 during Asian hours on Wednesday. Traders are waiting for UK Finance Minister John Healey to present his first budget later in the…
The AUD/USD pair trims a part of its intraday gains to a fresh one-month high, touched during the Asian session on Wednesday in reaction to hot Australian consumer inflation figures. Spot prices, however, retain a posit…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.40 in the early European trading hours on Wednesday. The DXY gathers s…
Gold (XAU/USD) extends its retracement slide from the weekly high touched during the Asian session on Wednesday, falling further below $4,050 heading into the European session and ahead of the key central bank event. Th…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD extended higher than expected, with the pair touching 1.2814 instead of staying in the prior intraday range. Short-term momentum suggests sco…
Yemen's Iran-aligned Houthis said on Tuesday that it had launched a ballistic missile toward the Ras Tanura oil refinery in eastern Saudi Arabia, the kingdom’s largest refinery, Reuters reported.