Dollar edges higher ahead of Michigan sentiment data; euro slips
Dollar edges higher ahead of Michigan sentiment data; euro slips
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USD/CAD Falls Below the 2025 Low
Yesterday, financial markets were closely watching statements from central banks regarding interest rates, including the Federal Reserve and the Bank of Canada. According to Forex Factory: → The Federal Reserve kept the Federal Funds Rate at 3.75% by a majority vote. “The economy has once again surprised us with its strength,” Powell said at the…
Eco Data 5/8/25 – Action Forex
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What Is a Petro-Currency and How Does It Work? – Edge-Forex
A petro-currency is a term used for a currency that derives its strength or weakness from oil prices. The value of a petro-currency is often closely tied to the price of crude oil in global markets. Countries that are major oil exporters tend to have currencies heavily influenced by oil price fluctuations. These currencies are…
Australian Dollar holds gains, upside seems restrained amid dovish mood surrounding RBA – Forex Trader Hub
The Australian Dollar appreciates following the release of the Export Price Index on Thursday. The Australian Bureau of Statistics showed export prices rose by 3.6% QoQ in Q4 2024, reversing a 4.3% decline in Q3. The Fed held its overnight borrowing rate steady in the 4.25%-4.50% range at its January meeting on Wednesday. The Australian…
Fastmarkets Completes Annual Assurance Review, Reinforces Commitment to IOSCO Compliance
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Dollar and Tech Stocks Stagger – Currency Thoughts
Dollar and Tech Stocks Stagger December 3, 2025 Around mid-day in NY, the dollar is showing losses from Tuesday closing levels of 0.9% against sterling, 0.6% relative to the kiwi, 0.4% vis-a-vis the yen and Aussie dollar, 0.3% versus the euro and Swiss franc, and 0.2% against Canada’s currency. The DXY weighted dollar measure is…
