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Malaysia Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Malaysia on Thursday, according to data compiled by FXStreet.
EUR/USD holds below 1.1700 despite Fed rate cut, US Jobless Claims data eyed
The EUR/USD pair posts modest losses near 1.1690 during the early European trading hours on Thursday. However, the US Federal Reserve's (Fed) dovish rate cut on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).
Silver Price Forecast: XAG/USD corrects from all-time highs to near $62, outlook remains firm
Silver Price (XAG/USD) retraces to near $62.00 during the Asian trading session on Thursday after posting a fresh all-time high at $62.87 earlier in the day.
US Dollar Index softens to near 98.50 post-Fed rate cut, Jobless Claims data in focus
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.55 during the Asian trading hours on Thursday.
Japan’s Kihara says closely watching impact of US financial conditions after Fed rate cut
Japanese Chief Cabinet Secretary Minoru Kihara said on Thursday that the government will closely monitor the impact on the Japanese economy of United States (US) financial conditions following Federal Reserve (Fed) rate cut.
USD/CAD hangs near its lowest level since October 22, seems vulnerable below 1.3800
The USD/CAD pair enters a bearish consolidation phase during the Asian session on Thursday and oscillates in a narrow band, just below the 1.3800 mark, or its lowest level since October 22.
WTI loses ground below $59.00 amid Ukraine peace deal talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.70 during the Asian trading hours on Thursday. The WTI price drifts lower on diplomatic steps toward ending the Russia-Ukraine war.
PBOC sets USD/CNY reference rate at 7.0686 vs. 7.0753 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0686 compared to the previous day's fix of 7.0753.
AUD/USD remains depressed after mixed Aussie jobs data; holds above mid-0.6600s
The AUD/USD pair drifts lower during the Asian session on Thursday and erodes a part of the previous day's strong gains to its highest level since September 17.
Breaking: Australia’s Unemployment Rate steadies at 4.3% in November vs. 4.4% expected
Australia’s Unemployment Rate steadied at 4.3% in November, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in below the market consensus of 4.4%.
Australia Part-Time Employment up to 35.2K in November from previous -13.1K
Australia Part-Time Employment up to 35.2K in November from previous -13.1K
NZD/USD trades above 0.5800, over two-month top amid dovish Fed-inspired USD weakness
The NZD/USD pair holds steady above the 0.5800 mark, close to an over two-month high touched the previous day, during the Asian session. Moreover, the fundamental backdrop favors bullish traders and suggests that the path of least resistance for spot prices remains to the upside.
Australia Participation Rate below expectations (67%) in November: Actual (66.7%)
Australia Participation Rate below expectations (67%) in November: Actual (66.7%)
Dow Jones Industrial Average soars 580 points on third straight Fed rate cut
The Dow Jones Industrial Average (DJIA) climbed on Wednesday after the Federal Reserve (Fed) delivered its third straight quarter-point rate cut, lifting the Dow by over 1.2% and nudging the S&P 500 higher while the Nasdaq hovered near flat.
Fed's Powell: Labour market has significant downside risks
At the usual post-meeting press conference, Fed Chair Jerome Powell explained why policymakers decided to lower the Federal Funds Target Range (FFTR) to 3.50%–3.75% after the December meeting and took questions from reporters about the move.
US Dollar Index whipsaws as markets grapple with a slowing Fed rate path
The US Dollar Index (DXY) tumbled to fresh intraday lows on Wednesday after the Federal Reserve (Fed) delivered a widely anticipated third straight interest rate cut, lowering its main policy rate to its lowest level in three years.
EUR/USD roils as Fed delivers caution-laden interest rate cut
EUR/USD caught a volatile bullish swing on Wednesday after the Federal Reserve (Fed) delivered a third straight interest rate cut.
Fed projects only 50 bps of additional rate cuts between 2026 and 2027; lifts GDP forecasts
The Federal Open Market Committee’s (FOMC) latest dot plot, released on Wednesday, indicates that interest rates will average 3.4% by the end of 2026, in line with the September projection.
GBP/USD surges after Fed rate cut, traders focus on Powell's next steps
GBP/USD climbs on Wednesday after the Federal Reserve (Fed) decided to cut rates, as expected, on a 9-3 vote split, which witnessed two members voting for holding rates, while Fed Governor Stephen Miran voted for a 50-basis-point cut. At the time of writing, the pair trades at 1.3350, up 0.46%
Gold jumps after Fed rate cut, extends gains on dovish guidance
Gold (XAU/USD) prices rise on Wednesday after the Federal Reserve (Fed) decided to cut rates, as expected. At the time of writing, XAU/USD trades volatile, between $4,190-$4,220, posting losses of over 0.25%.
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