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1 hour ago
Australian Dollar flatlines as US yield ripples meet RBA hawks
The Australian Dollar is virtually unchanged against the US Dollar on Wednesday amid a light economic calendar, with the US Treasury's announcement of a buyback for the September 10 auction boosting the Greenback. The AUD/USD trades at 0.7219, flat.
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1 hour ago
Pound Sterling awaits the Fed's two-strike inflation test
The real tension weighing on GBP/USD is a rate parity that masks a divergence. Both central banks sit at 3.75%.
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1 hour ago
US President Trump pins Iran endgame on midterms, open to talks
US President Donald Trump crossed the wires on Wednesday, saying that the Iran war will end “immediately” right after the US midterm elections. He said that Iranians are “desperate to try and affect the election,” told to reporters before leaving for the Republican National Convention in Dallas.
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1 hour ago
GBP/JPY Price Forecast: Bears Eye 207.00 as downtrend holds
GBP/JPY falls for the third straight day, but it fails to register a lower low, an indication that buyers are stepping in but lack the strength to push the exchange rate past Wednesday’s opening price, leaving the pair near this week's lows. The cross-pair trades at 208.05, down 0.22%.