Australian Dollar remains calm as RBA maintains Official Cash Rate at 4.35%
The Australian Dollar (AUD) attempts to retrace its recent losses on Tuesday.
Source: fxstreet.com
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Japanese Yen fails to lure buyers amid mixed fundamental cues, bearish bias remains
The Japanese Yen (JPY) ticks higher during the Asian session on Tuesday and recovers a part of its losses registered over the past two days, to the YTD low touched against its American counterpart the previous day.
Source: fxstreet.com
US Dollar dips as investors take profits, Mester's words weigh on Greenback
The US Dollar (USD) Index, currently trading at 104.20, has been on a downward trend due to investors cashing in their profits alongside the impact of statements from Loretta Mester, the president of the Federal Reserve Bank of Cleveland.
Source: fxstreet.com
Inflation Just Did Something It Hasn't Done Since 2009, and It Could Trigger a Big Move in Interest Rates (and the Stock Market)
Steep declines in inflation led to multiyear bull markets in the S&P 500 in the past. This time probably won't be different.
Source: yahoo.com
Gold Forecast: Sellers return with a vengeance after US jobs report
Gold gathered bullish momentum and climbed to its highest level since early January above $2,060 before erasing a majority of weekly gains on Friday.
Source: fxstreet.com