AUD/USD: Growth index softens but flows turn supportive – BNY BNY’s Bob Savage notes that Australia’s Westpac-Melbourne Institute Leading Index has slipped below trend, signaling weaker growth ahead as higher rates and the Middle East energy shock weigh on... AUD/USD: Grow
The EUR/USD pair trades flat at around 1.1745 during the European trading session on Wednesday. The EUR/USD pair trades flat at around 1.1745 during the European trading session on Wednesday. The major currency pair consolidates while the US Dollar (USD) edges lower amid h
Australia's state of Queensland will pour A$25 million in biodiesel production project in a bid to reduce its reliance on imported fuel amid a severe supply crunch resulting from the war in the Middle East. Australia's state of Queensland will pour A$25 million in biodiese
GBP/USD nudges higher on UK inflation as firm US data restrain Pound GBP/USD trades around 1.3515 on Wednesday, gaining a modest 0.06% at the time of writing, as investors digest the latest inflation figures from the United Kingdom (UK) and assess the outlook for monetary policy...</stron
ECB’s Simkus: Central bank shouldn't raise interest rates in April European Central Bank (ECB) Governing Council member and head of Lithuania's central bank, Gediminas Simkus, said during European trading hours on Wednesday that an interest rate hike this year cannot be ruled...<
GBP/USD: Range trading view after CPI – BBH Brown Brothers Harriman’s (BBH) Elias Haddad notes that United Kingdom (UK) inflation remains persistently above target, limiting the Bank of England’s (BoE) ability to ignore the energy shock. GBP/USD: Range trading view after C
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EUR: Energy shocks and Ukraine financing – Rabobank Rabobank’s Global Strategist Michael Every highlights mounting European energy and geopolitical pressures, including disrupted Oil flows via Druzhba and potential EU financing for... EUR: Energy shocks and Ukraine financi
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Silver Price Forecasts: XAG/USD finds resistance at a previous support near $78.50 Silver (XAG/USD) nudges higher on Wednesday, but remains at the lower range of Tuesday’s trading, consolidating below $78.00 and with the previous support area of $78.50 capping upside attempts,...