The mixed confidence numbers come just one week before a crucial Reserve Bank of Australia meeting. A rate cut is virtually certain at the meeting, which would mark the RBA’s first rate cut since Nov.
EUR/USD is broadly sideways around 1.0300, with investors focusing on Fed Chair Jerome Powell’s testimony before Congress.
BEIJING, Feb. 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange ...
Traders were also awaiting a testimony from Federal Reserve Chair Jerome Powell later in the day and a reading on U.S.
GBP/AUD declined on Monday as investors awaited key UK economic data and BoE speeches this week December GDP figures will be key to determining if the UK economy returned to growth, with UK gilt ...
The changing narratives around U.S. tariffs on imported goods are causing “whipsawing moves” in the U.S. dollar and driving its short-term price trend lower, said Chintan Kotecha, senior equity ...
The U.S. dollar rose on Monday, after President Donald Trump threatened new tariffs on metal imports, sparking concerns of a global trade war. The greenback was last up 0.21%, at $108.27, as ...
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