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The Australian dollar (AUD) continued its downward trajectory against the US dollar (USD) for the third consecutive day, hovering near a two-year low. This weakness stemmed from a confluence of factors, including subdued domestic economic data,...
The USD/CAD pair is trading slightly lower around 1.4370 during the Asian session on Thursday, following gains in the previous two sessions. TheUS Dollar has strengthened due to growing hawkish sentiment among Federal Reserve policymakers regarding...
The British pound experienced a decline against major currencies on Thursday, coinciding with a significant surge in UK government borrowing costs. This surge was particularly evident in the long-term bond market, with the yield on the 30-year...
Goldman Sachs anticipates Fed’s nearest rate cut in March 2025 The Federal Reserve stays vigilant. According to Goldman Sachs forecasts, the Federal Reserve is expected to cut the funds rate by 25 basis points in March 2025. On January 3, Goldman...