We all remember how wild the financial markets became when the world first learned about the global COVID-19 pandemic. However, recent global trade war tensions appear to have surpassed that chaoti...
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
New York Federal Reserve (Fed) president John Williams told Fox Business on Thursday that monetary policy is “well-positioned” and doesn’t need any tweaks right now.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
United States (US) citizens filing new applications for unemployment insurance ticked lower to 215K for the week ending April 12, as reported by the US Department of Labor (DOL) on Thursday.
The Turkish central bank (CBRT) shocked investors on Thursday with a hefty 350 bps leap in its key interest rate to 46%, abruptly reversing its easing cycle and giving the lira a modest boost.
The GBP/USD pair ticks lower to near 1.3230 during European trading hours on Thursday. The Cable edges lower as the US Dollar (USD) attracts some bids on meaningful progress in trade talks between the United States (US) and Japan.
On a day in which the US Dollar (USD) sold off across G10, the Canadian Dollar (CAD) advanced by 0.7% yesterday helped in part by the decision of the Bank of Canada to hold off from cutting rates again – the first pause from the BoC since the beginning of the easing cycle in June last year.
Despite the DXY Index’s 1% fall to a three-year low of 99.26 overnight, we are cautious and mindful that the DXY has yet to break below the intra-day low of 99 seen on April 11, DBS' FX strategist Philip Wee reports.
Discover how low XRP price could drop in 2025 as expert predicts a fall to $1.4, a 6-month low. Explore why XRP is crashing, technical analysis, bullish forecasts, and tips for retail investors navigating Ripple’s volatility amid global economic pressures.
EUR/USD rebounded 1% overnight but remains below last Friday’s 1.1473 high. The ECB is expected to cut rates by 25bps to 2.25%, and President Lagarde is expected to flag euro strength and US tariffs as key disinflationary risks, DBS' FX strategist Philip Wee notes.
The US Dollar (USD) weakened into the close of trading on Wednesday but has rebounded helped in part by optimism over the pace in which the US might be willing to reach deals with key trading partners.
In New Zealand, a CPI indicator is published every month, but these monthly figures only cover the prices of around 44% of the basket of goods and services, Commerzbank's FX analyst Volkmar Baur notes.
Russia is pessimistic on a peace deal as it sees Europeans as the main obstacle now. Today there is a meeting in Paris during which the US Secretary of State Rubio and special envoy Witkoff will meet President Macron and other European officials to negotiate a deal.
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