The EURUSD currency pair jumped above 1.0400 in European markets on Thursday as Dollar bulls take a breather after a sharp run-up on Wednesday. The...
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The price of Silver (XAGUSD) extended its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday. The price of the grey metal depreciated more than 3% after the release of the Federal Reserve interest rate decision on Wednesday. The Fed delivered a hawkish cut of 25 basis points (bps) at its December meeting, bringing its benchmark lending rate to a range of 4.25-4.50%, a two-year low. Additionally, during his press conference, Chair Jerome Powell made clear that the Fed will be cautious about further cuts as inflation remains stubbornly above
The EURUSD currency pair jumped above 1.0400 in European markets on Thursday as Dollar bulls take a breather after a sharp run-up on Wednesday. The...
Expectations are strong for another 25 basis-point (bps) cut to the Fed funds rate, which would bring effective interest rates to a range of...
The U.S. Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead, brushing off...
The Fed's latest interest rate cut of 25 basis points MAY well be its last for the foreseeable future. So… ...
KUALA LUMPUR: The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more...
KUALA LUMPUR: The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more...
Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%
Markets are pricing a 96 per cent probability the US will cut rates by 25 basis points to a new range of 4.25 per cent to 4.50 per cent.
Markets are pricing a 96 per cent probability the US will cut rates by 25 basis points to a new range of 4.25 per cent to 4.50 per cent.
Silver prices in local markets increased by 2.4% during the past week’s trading, while the ounce price on the global market rose by 1.1%, as markets...