XAG/USD retreats near $57.50 amid Fed rate decision focus, offsetting optimism from Middle East de-escalation and lower oil prices. Silver (XAG/USD) slipped to around $57.50 per troy ounce in Asian trading Tuesday, reversing nearly 0.5% gains from the prior session. The de
RBA board debates next move as inflation concerns linger The Reserve Bank of Australia's board is considering its next decision, with a focus on whether policy is restrictive enough to curb inflation. The board's decision will depend on its assessment of inflation
Investors remain cautious ahead of the Federal Reserve’s policy announcement, keeping the yen steady against the dollar. The Japanese Yen traded flat against the US Dollar at 163.75 in Asian trading on Tuesday, as markets awaited the Federal Reserve’s monetary policy decis
Investors await the Federal Reserve’s policy announcement, with markets pricing a 62% chance of unchanged rates at 3.50%-3.75%. The Japanese Yen remains flat against the US Dollar at 163.75 in Asian trading, as investors await the Federal Reserve’s policy decision on Wedne
AI models may optimize memory costs The trillion dollars in capex spent on AI this year may lead to a breakthrough in AI learning how to make AI better. This could result in models that build better models, potentially making significant efficiency gains. One pot
USD/CAD pair trades near 1.4120 ahead of FOMC meeting The USD/CAD pair has entered a bullish consolidation phase, trading around 1.4120. The US Federal Reserve is scheduled to announce its decision on Wednesday, with interest rates expected to remain unchanged.
The Australian Dollar climbs as markets position ahead of Reserve Bank of Australia Governor Michele Bullock’s upcoming speech. The Australian Dollar edged higher against the US Dollar, trading at approximately 0.6990 in Asian hours on Tuesday. The pair recovered earlier l
Traders await RBA Governor Michele Bullock’s speech as inflation concerns and Fed policy uncertainty weigh on sentiment. The Australian Dollar edged up to around 0.6990 against the USD in Asian trading on Tuesday, recovering earlier losses. Market focus remains on Reserve
Markets price a 38% chance of a July Fed rate increase, bolstering USD and pressuring GBP/USD near 1.3290. GBP/USD retreated to 1.3290 in Asian trading Tuesday, paring earlier gains as the US Dollar steadied ahead of the Federal Reserve’s policy decision. Uncertainty over
The currency pair holds near a monthly low as investors pause ahead of the Federal Reserve’s policy decision later this week. The EUR/USD pair remains just above 1.1350 in early Asian trading, consolidating near its lowest levels this month. Market participants are adoptin
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