The AUD/USD pair halted its three-day recovery on the back of the firmer US Dollar (USD) and despite the Reserve Bank of Australia’s (RBA) hawkish cut although it managed to keep the trade above the 0.6300 barrier.
Gold price surged more than 1% on Tuesday due to safe-haven demand amid uncertainty over controversial trade policies proposed by US President Donald Trump.
The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) by another 50 basis points (bps) from 4.25% to 3.75% when it announces its interest rate decision on Wednesday at 01:00 GMT.
The US Dollar managed to regain some balance and stage a tepid rebound helped by the resumption of concerns over US tariffs, as well as a widespread selling pressure in the risk-linked universe.
The Canadian Dollar (CAD) traded blows with the US Dollar (USD) on Tuesday, keeping USD/CAD stead near the 1.4200 handle as Loonie traders try to hang onto their recent gains.
The US Dollar Index (DXY), which tracks the US Dollar's (USD) performance against six major currencies, rises on Tuesday as traders react to discouraging headlines from the United States (US)-Russia talks in Riyadh.
The Mexican Peso (MXN) rallied for the sixth consecutive day amid an upbeat market mood, which keeps risk-sensitive currencies appreciating despite some Federal Reserve (Fed) officials turning slightly hawkish.
After hitting an all-time high of $261 in January, Solana (SOL) has dropped nearly 60% amid the fading excitement of the meme coin market that once propelled its growth.
The Dow Jones Industrial Average (DJIA) stumbled out of the gate on Tuesday, declining around 300 points at its lowest following an extended weekend break.
Federal Reserve (Fed) Bank of San Franciso President Mary Daly noted on Tuesday that prospects of further rate cuts this year remain murky in the face of policy uncertainty despite an overall positive lean to US economic factors.
More prop trading companies are embracing cTrader platform. The Trading Pit is the latest company to integrate the platform into its suite of trading solutions, coming a day after Hoorah embraced t...
So far, February has been a choppy period for USD/JPY. Having rallied since the start of the year, the Japanese Yen (JPY) succumbed to profit taking earlier this month only to rebound in recent sessions, Rabobank's FX analyst Jane Foley notes.
MARA Holdings, a publicly listed Bitcoin mining company on Wall Street, has finalized its acquisition of a wind farm located in Hansford County, Texas.
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