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Silver Price Forecast: XAG/USD slumps to near $42.00, investors brace for Fed rate decision
The Silver price (XAG/USD) tumbles to around $42.05 during the Asian trading hours on Wednesday. The white metal retreats from a 14-year high of nearly $42.80 amid some profit-taking. Traders brace for the US Federal Reserve (Fed) interest rate decision later on Wednesday for fresh impetus.
Fxstreet
17 minutes ago
Japanese Yen softens amid modest USD bounce; focus remains on FOMC and BoJ
The Japanese Yen (JPY) retreats slightly after touching its highest level since July 24 against the rebounding US Dollar (USD) during the Asian session on Wednesday, though the downside potential seems limited.
Fxstreet
23 minutes ago
FOREX-Dollar holds soft tone on rate cut expectations, Powell comments
Powell's comments after near-certain rate cut in focusFed policy meeting comes as independence under pressureDollar wallows near multi-month lows against peersBy Ankur Banerjee SINGAPORE, Sept 17 (Reuters) - The U.S. dollar loitered near four-year lows against the euro and a one-month trough ...Reuters
an hour ago
European Commission President Ursula von der Leyen agrees to pressure Russia
European Commission (EC) President Ursula von der Leyen acknowledged she communicated with United States (US) President Donald Trump, and will instruct the EC to accelerate proposals to clamp down on Russian market access in retaliation for failing to reach a peacefire agreement with Ukraine.
Fxstreet
5 hours ago
CORRECTED-Trump pressure on Fed may steepen US yield curve, fund managers say
Yield curve steepening due to fiscal and political risksLong-term Treasuries pressured by deficits and bond issuancePrivate credit seen as alternative to TreasuriesBy Divya Chowdhury and Mehnaz Yasmin Sept 16 (Reuters) - The Treasury yield curve could steepen as investors demand higher compensati...Reuters
7 hours ago
FOREX-Dollar falls to four-year low vs euro with Fed rate decision on tap
Dollar slips 0.9% vs euro, weakest since September 2021Focus on Fed rate decision on WednesdayBoE to announce rate decision on Thursday, Bank of Japan on FridayBy Saqib Iqbal Ahmed NEW YORK, Sept 16 (Reuters) - The dollar fell across the board on Tuesday, hitting a four-year low against the e...Reuters
8 hours ago
Brazil expects Mercosur-UAE trade deal by end of 2025, minister says
RIO DE JANEIRO, Sept 16 (Reuters) - Brazil expects South America's Mercosur bloc and the United Arab Emirates to finalize a trade agreement by the end of the year, Foreign Minister Mauro Vieira said on Tuesday. He also said that Mercosur expects to advance negotiations with Canada ...Reuters
9 hours ago
USD/CHF plunges to 14-year low as Fed easing bets hammer the US Dollar
The Swiss franc (CHF) surges to multi-year highs against the US Dollar (USD) on Tuesday as the Greenback faces intense selling pressure. The USD/CHF pair is trading around 0.7862 at the time of writing, down nearly 1.0% on the day and marking its lowest level since September 2011.
Fxstreet
9 hours ago
CANADA FX DEBT-Canadian dollar hits a two-week high against downtrodden U.S. counterpart
Canadian dollar gains 0.2% against the greenbackTouches its strongest since September 1 at 1.3735Annual rate of inflation increases to 1.9%Bond yields ease across the curveBy Fergal Smith TORONTO, Sept 16 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counterpart...Reuters
10 hours ago
CORRECTED-FOREX-Dollar sinks to four-year low vs euro ahead of Fed rate decision
Dollar slips 0.8% vs euro, weakest since September 2021Focus on Fed rate decision on WednesdayBoE announces rate decision on Thursday, Bank of Japan on FridayBy Saqib Iqbal Ahmed NEW YORK, Sept 16 (Reuters) - The dollar fell across the board on Tuesday, sinking to four-year low against the euro, ...Reuters
11 hours ago
GBP/USD jumps past 1.3640 as US Dollar hits 10-week low ahead of Fed
The Pound Sterling (GBP) advances over 0.30% as the Greenback drops to a ten-week low, according to the US Dollar Index (DXY). The two-day meeting by the Federal Open Market Committee (FOMC) begins on Tuesday, at which the Fed is expected to reduce interest rates.
Fxstreet
11 hours ago
USD/JPY sinks to one-week low ahead of Fed interest rate decision, BoJ in focus
The Japanese Yen (JPY) is extending its advance against the US Dollar (USD) on Tuesday, with the USD/JPY pair falling for a second consecutive day. At the time of writing, USD/JPY is trading around 146.56, down nearly 0.55% on the day and marking its lowest level since September 9.Fxstreet
11 hours ago
VivoPower To Procure XRP At Up To 65% Discount By Exchanging Mined Tokens From Expanded Digital Asset Mining Fleet
Sept 16 (Reuters) - VivoPower International PLC VVPR.O:VIVOPOWER TO PROCURE XRP AT UP TO 65% DISCOUNT BY EXCHANGING MINED TOKENS FROM EXPANDED DIGITAL ASSET MINING FLEETReuters
13 hours ago
