The Canadian Dollar (CAD) edged higher on Wednesday after Canadian Gross Domestic Product (GDP) figures beat expectations to post growth for the first time since May.
Blogs
Australia Judo Bank Manufacturing PMI: 50.1 (January) vs previous 50.3
Australia Judo Bank Manufacturing PMI: 50.1 (January) vs previous 50.3
Brazil Interest Rate Decision in line with forecasts (11.25%)
Brazil Interest Rate Decision in line with forecasts (11.25%)
Mexican Peso slumps as Fed holds rates, as Powell’s disregard March rate cut
The Mexican Peso (MXN) weakens against the US Dollar (USD) on Wednesday and posts losses of more than 0.10% as risk aversion drives the financial markets ahead of the US Federal Reserve’s (Fed) monetary policy decision.
Forex Today: The US labour market comes to the fore
As expected, the Federal Reserve left its interest rates unchanged at its event on Wednesday, removing wording regarding potential rate hikes, reiterating that inflation remains elevated and that economic activity has been expanding at a robust pace.
AUD/USD gives up gains after Powell's words
In Wednesday's session, trends in the AUD/USD recovered above 0.6600 from 0.6585 during Chair Powell's presser.
JP Morgan forecast the first FOMC rate cut in June, but are wavering on perhaps May
<p>JP Morgan on the Federal Open Market Committee (FOMC) statement and Powell's presser on Wedensday, analysts at the bank are still confident June will be the first rate cut:</p><ul><li>We are sticking with our call for a first cut in June</li></ul><p>But there's a but!</p><ul><li&
US Dollar Looks to Jobs Data After Fed; Setups on Gold, EUR/USD, USD/JPY, GBP/USD
This article dives into the technical outlook for gold and major FX pairs (EUR/USD, USD/JPY and GBP/USD) following the Fed monetary policy decision. The piece also offers an in-depth analysis of key price thresholds worth watching later this week.
Lake Shore Bancorp, Inc. Announces 2023 Fourth Quarter and Year End Financial Results
<p>DUNKIRK, N.Y., Jan.</p> <p>The post <a href="https://forextv.com/top-news/lake-shore-bancorp-inc-announces-2023-fourth-quarter-and-year-end-financial-results/">Lake Shore Bancorp, Inc. Announces 2023 Fourth Quarter and Year End Financial Results</a> appeared first on <a href="https://forextv.com&qu
Farmers and Merchants Bancshares, Inc. Reports Earnings of $6,418,337 or $2.08 Per Share for the Year Ended December 31, 2023
<p>HAMPSTEAD, Md., Jan.</p> <p>The post <a href="https://forextv.com/top-news/farmers-and-merchants-bancshares-inc-reports-earnings-of-6418337-or-2-08-per-share-for-the-year-ended-december-31-2023/">Farmers and Merchants Bancshares, Inc. Reports Earnings of $6,418,337 or $2.08 Per Share for the Year Ended December