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Supreme Court protects the Federal Reserve, but what about everybody else?
While the central bank’s independence was upheld, other agencies were not so lucky...
Is Libya Quietly Becoming the Biggest Oil Prize the West Can’t Afford to Ignore?
At around the same time as OPEC raised its long-term oil demand forecast for the third consecutive y...
Japanese Yen gives up some gains against Euro as BoJ hikes rates by 25 bps to 1%, as expected
The Japanese Yen (JPY) surrenders some of its early gains against its major currency peers during the Asian trading session after the Bank of Japan’s (BoJ) monetary policy decision.
Japanese Yen remains stronger as BoJ delivers a rate hike
USD/JPY depreciates after two days of gains, trading around 160.10 during the Asian hours on Tuesday. The pair remains subdued as the Japanese Yen (JPY) holds ground following the release of the inter ...
Japan BoJ Interest Rate Decision in line with expectations (1%)
Japan BoJ Interest Rate Decision in line with expectations (1%)
South Korea Money Supply Growth increased to 8.1% in April from previous 7.2%
South Korea Money Supply Growth increased to 8.1% in April from previous 7.2%
United States Dollar Index holds onto Monday’s gains near 99.70 ahead of Fed’s policy
The US Dollar (USD) trades firmly near Monday’s high ahead of the start of the two-day Federal Reserve’s (Fed) monetary policy meeting, whose decision will be announced on Wednesday.
British Pound inches lower amid market caution ahead of US-Iran deal updates
GBP/USD loses ground after registering minor gains in the previous day, trading around 1.3400 during the Asian hours on Tuesday. The pair inches lower as the US Dollar (USD) receives support from the ...
New Zealand weakens to near 0.5800 as China's Retail Sales fall short of estimates
The NZD/USD pair loses momentum to around 0.5810 during the Asian trading hours on Tuesday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) following the Chinese economic data. All ey ...
Australian Dollar falls further after weak China data
The Australian Dollar (AUD) faces further selling pressure against its major currency peers during the Asian trading session on Tuesday, sliding 0.16% to near 0.7060 against the US Dollar (USD).
Canadian Dollar steadies as US Dollar holds ground amid market caution
USD/CAD remains stronger for the fourth successive day, trading around 1.3990 during the Asian hours on Tuesday. The pair is holding its ground as the US Dollar (USD) stabilizes ahead of further devel ...
China’s Retail Sales miss expectations in May: What -0.6% means for the Australian Dollar
China’s Retail Sales fell 0.6% year-over-year (YoY) in May vs. 0% expected and 0.2% in April, the latest data released by the National Bureau of Statistics (NBS) showed Tuesday.
China Fixed Asset Investment (YTD) (YoY) registered at -4.1%, below expectations (-2%) in May
China Fixed Asset Investment (YTD) (YoY) registered at -4.1%, below expectations (-2%) in May
China Industrial Production (YoY) came in at 4.5%, above expectations (4.3%) in May
China Industrial Production (YoY) came in at 4.5%, above expectations (4.3%) in May