The Reserve Bank of Australia (RBA) kept its cash rate steady at 3.60%, emphasizing an end to easing and hinting at the potential for a […]
Tag: holds
AUD/USD holds steady as Australian inflation persists, US Dollar weakens
AUD/USD trades around 0.6535 on Friday at the time of writing, virtually unchanged on the day. Despite several attempts to extend its recent rebound, the […]
US holds Russia-Ukraine peace talks in Abu Dhabi
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Gold holds steady near record highs amid Fed cut bets and prolonged US shutdown
Gold (XAU/USD) steadies on Thursday after smashing through the $4,000 psychological mark and setting a fresh all-time high of $4,059 on the previous day. At […]
USD/JPY holds steady near 148.00 mark; upside potential seems limited
Japanese Yen attracts some follow-through buying for the fourth straight day against a broadly weaker USD. Hawkish BoJ expectations and sustained safe-haven buying turn out […]
CHF softens after SNB holds rates – BBH
The Swiss Franc (CHF) underperformed after the SNB kept its policy rate at 0%, but persistent safe-haven demand offsets concerns over a potential negative rate, […]
EUR/GBP holds positive ground near 0.8650, investors await UK GDP data
EUR/GBP remains firm around 0.8650 in Wednesday’s early European session. EU ZEW Economic Sentiment plunges in August, which might cap the EUR’s upside. Investors pare […]
The Trade Desk holds its own against Amazon’s growing, but still distant threat
When The Trade Desk’s CEO Jeff Green waved off Amazon as a threat, he wasn’t entirely wrong. But he wasn’t entirely right, either. On last […]
China GDP Holds at 5.2%, but Retail and Trade Risks Raise Stimulus Bets
Retail sales increased 4.8% YoY in June, slowing from May’s 6.4% rise, echoing June’s inflation data that signaled weakening domestic demand. In contrast, industrial production […]
EUR/GBP holds below 0.8600 ahead of Eurozone inflation data, BoE’s Bailey speech
EUR/GBP softens to near 0.8575 in Tuesday’s early European session. Softer-than-expected German inflation data weighs on the Euro. The preliminary reading of Eurozone HICP inflation […]