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GBP/USD extends backslide into a third straight day
GBP/USD took another leg lower on Tuesday, falling around three-tenths of one percent and skidding into key moving averages.
USD/CAD holds steady above 1.3850 amid rising odds of BoC rate cut
The USD/CAD pair trades flat near 1.3870 during the early Asian session on Thursday. The Canadian Dollar (CAD) steadies against the US Dollar (USD) near an earlier three-month low as the latest Canadian inflation data raised odds that the Bank of Canada (BoC) would resume its easing campaign.
Fed's Cook intends to fight allegations by Trump team
Federal Reserve (Fed) Board of Governor member Lisa Cook responded late Wednesday to accusations from people within the Trump administration, including President Trump himself, who accused the Fed policymaker of violating financial regulations around mortgage filings.
USD/MXN drops as Fed independence threats spur Peso demand
USD/MXN retreated on Wednesday as investors became worried about the Federal Reserve's independence, as the Trump administration "doubled up" their pressure on Fed officials, as revealed by Bloomberg.
Australia's S&P Global Manufacturing PMI improves to 52.9 in August, Services PMI rises to 55.1
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.9 in August versus 51.3 prior, the latest data published by S&P Global showed on Thursday.
USD/JPY Price Forecast: Consolidates but falls below 50-day SMA
USD/JPY prints back-to-back bearish days during the week, down 0.17% on Wednesday as the Greenback sold off on fears that the Trump administration threatens the Federal Reserve's independence. At the time of writing, the pair trades at 147.37 after hitting a daily high of 147.81.
Canadian Dollar freezes in place as Loonie fails to bounce back
The Canadian Dollar (CAD) is struggling to find momentum heading through the midweek. The Loonie took a fresh hit after Canadian Consumer Price Index (CPI) inflation eased slightly, but otherwise gave no clear direction for the Bank of Canada (BoC) to operate with.
EUR/USD holds near 1.1660 as Fed Minutes clash with Trump's pressure
EUR/USD advances steadily during the North American session as the Federal Reserve (Fed) unveils its latest Meeting Minutes. At the time of writing, the pair trades at around 1.1660 and clings to minimal gains of 0.13%.
Forex Today: It's PMI-day!
The US Dollar (USD) ended another indecisive session trading near the top of its weekly range, as investors weighed the FOMC Minutes against fresh attacks from President Trump on the Federal Reserve, this time directed at Governor Lisa Cook.
AUD/USD consolidates near three-week low as focus turns to Australia PMI preliminary release
The Australian Dollar (AUD) extends its decline for the third consecutive day against the US Dollar (USD) on Wednesday, touching a three-week low before steadying.
Dow Jones Industrial Average stumbles after tech stocks take a fresh hit
The Dow Jones Industrial Average (DJIA) faced fresh bearish pressures on Wednesday, with the major equity index getting dragged lower in early trading as tech stocks saw further profit-taking.
Gold price climbs as Trump threatens Fed independence
Gold prices are rising on Wednesday after US President Donald Trump continued to exert pressure on the Federal Reserve (Fed) as he demands Fed Governor Lisa Cook resign due to an investigation of mortgage fraud.
Silver Price Forecast: XAG/USD rebounds from two-week low, Fed Minutes in focus
Silver (XAG/USD) stages a sharp recovery on Wednesday, snapping a four-day losing streak after sliding to its lowest level in over two weeks, since August 4.
GBP/USD slides as Fed Governor Cook faces fraud allegations, UK inflation surges
GBP/USD tumbles during the North American session with traders shrugging off high inflation in the UK as the White House pressures Fed Governor Lisa Cook to step aside from the board. The pair trades at 1.3469, down 0.15%.
EUR/USD steadies as Trump targets Fed's Cook, markets await FOMC Minutes
The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, snapping a two-day losing streak, as the Greenback comes under pressure following renewed political tension surrounding the Federal Reserve (Fed).
South Korea: BoK likely to stay on hold - Standard Chartered
BoK to hold the rate but it will be a close call for a cut. KTBs have been range-bound lately; a BoK terminal rate of c.2.15% is priced in for this cycle. KTB demand/supply dynamics are less favourable in the long end; CD seasonality turns negative.
Canadian Dollar steadies as Fed Minutes and political tensions weigh on Greenback
The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Wednesday, as political pressure on the Federal Reserve (Fed) drags the Greenback lower.
Fed Minutes to offer clues on rate cut possibility amid uncertain tariff landscape
The Minutes of the United States (US) Federal Reserve's (Fed) July 29-30 monetary policy meeting will be published on Wednesday at 18:00 GMT.
US President Trump calls on Fed Governor Cook to resign
In a post published on Truth Social on Wednesday, United States (US) President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, providing a link to a Bloomberg article that is titled "Trump Ally Calls on Bondi to Probe Fed's Cook Over Mortgages." "The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages, the latest in a series of moves by the Trump administration to increase legal
WTI Crude Oil range-bound as peace talks ease risks but supply concerns linger
West Texas Intermediate (WTI) Crude Oil is trading with a slightly firmer tone on Tuesday, trading near $62.40 per barrel, as traders reacted to signs of progress in peace talks between Russia and Ukraine.
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