AUD/USD rebounds above 100-day moving average after RBA holds rates
AUD/USD rebounded above its 100-day moving average at 0.7052 after the Reserve Bank of Australia held rates steady but kept...
Forex News
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Yen Holds Near 159.1 Per Dollar as Japan’s Intervention Effects Fade
The yen traded at 159.1 per dollar on Tuesday, edging back toward the 160-per-dollar level that has repeatedly drawn Japanese...
RBA Holds Rate at 4.35%, Keeps Door Open to Another Hike as AUD Whipsaws
The Reserve Bank of Australia left its cash rate at 4.35% for a second straight meeting, and Governor Michele Bullock...
Dollar Faces Downside Risk on Fed Rate-Path Doubts, Yen Carry Trades Gain Favor
The dollar risks falling because traders lack confidence in how the Federal Reserve will respond to an energy-price shock tied...
Fed Chair Kevin Warsh Has Two Ways to Tighten Policy Without a Rate Hike
Federal Reserve Chair Kevin Warsh can tighten monetary policy without a formal rate hike, using two nontraditional levers instead. Both...
