The Australian Dollar remained steady after domestic consumer confidence showed signs of strain. Australia’s Westpac Consumer Confidence fell 2% in December, against November’s 5.3% increase. The US Dollar struggles as...
NZD/USD steadies as traders expect a 25 basis point rate cut by the US Fed on Wednesday. CME FedWatch tool suggests almost fully pricing in a quarter basis point cut...
The Indian Rupee weakens to near an all-time low in Tuesday’s Asian session. Rising US bond yields and a weaker Chinese Yuan could undermine the INR, but the RBI’s intervention might...
The Japanese Yen continues to be weighed down by reduced bets for a December BoJ rate hike. The recent surge in the US bond yields and a positive risk tone...
USD/CAD drifts lower to around 1.4235 in Tuesday’s Asian session. Fed is likely to cut interest rates by 25 bps at the December meeting on Wednesday. Canadian Prime Minister Justin Trudeau faced...