NZD/USD holds ground as traders are bracing a potential interest rate cut by the US Federal Reserve (Fed) on Wednesday, with attention largely focused on the Fed's projections for 2025.

Chinese Foreign Minister said on Tuesday that “China must give a firm and forceful response to the US 'blatant interference' in China's internal affairs on issues such as Taiwan” The Minister further noted that “we hope the new US administration will make the 'right' choices and work with China, eliminating disruptions and overcoming obstacles.” Australian Dollar FAQs What key factors drive the Australian Dollar? One of the most significant factors for the Australian Dollar (AUD) is the level of interest

The USD/CAD pair trades with a positive bias for the fourth straight day on Tuesday and remains close to its highest level since April 2020 touched the previous day.

The EUR/USD pair trades with mild gains to near 1.0510 during the Asian session on Tuesday.

The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday.

The USD/CHF pair extends its upside to around 0.8955 during the early European session on Tuesday, bolstered by the renewed US Dollar (USD) demand.

Here is what you need to know on Tuesday, December 17: Following a quiet start to the week, financial markets hold steady early Tuesday.

The Pound Sterling (GBP) rises around the psychological resistance of 1.2700 against the US Dollar (USD) in Tuesday’s North American session.

USD/CAD continues its winning streak for the fourth consecutive day, trading around its fresh multi-year high at 1.4290 during the European hours on Tuesday.

The NZD/USD pair attracts fresh sellers in the vicinity of the 0.5800 mark and extends its steady intraday descent through the first half of the European session on Tuesday.

EUR/USD stays under pressure near the psychological resistance of 1.0500 on Tuesday.

On December 27, the US statistical office will publish a figure that is unlikely to attract much public interest: the net foreign debt of the United States.

Gold fails at $2,665 and resumes its near-term bearish trend as the US Dollar picks up.

The AUD/USD pair tumbles to near the annual low around 0.6340 in the European session on Tuesday.

The US Dollar retreated slightly on Tuesday, after a nearly 3% appreciation in a six-day rally.

Crude Oil is extending losses by more than 1% at the start of the US trading session after news that Pemex – the Mexican state-owned Oil producer – has fully resumed operations in all its platforms in the Gulf region. The news comes with the end of the

The Mexican Peso (MXN) is trading rangebound on Tuesday, at a short distance of the key 20.00 level against the US Dollar (USD).

The US Dollar retains a firm undertone. All eyes are on the Fed decision tomorrow because there is not much in terms of fresh news driving the USD forward on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes.  

The US Dollar (USD) sees its rally stall and take a turn for the worse with the US Retail Sales number throwing a spanner in the works. With a print of 0.7%, beating the 0.5% estimate for November, the print is less impressive as it was on Monday with the

The US Dollar keeps appreciating against the Canadian Dollar and trades right below 1.4300 for the first time in four years.

The USD/CHF pair stretches its winning spell for the eighth trading day on Tuesday.

The USD/CAD pair remains firm near 1.4280 in Tuesday’s North American session after the release of the Canadian inflation and the United States (US) monthly Retail Sales data for November.

ETFs are experiencing a quieter December compared with November.

The GBP/USD advances modestly by some 0.15% following the release of solid US Retail Sales data, which put a lid on the pair’s advance.

The GBP/USD advances modestly by some 0.15% following the release of solid US Retail Sales data, which put a lid on the pair’s advance.

The Canadian Dollar (CAD) plunged to a fresh multi-year low on Tuesday, falling four-tenths of a percent against the Greenback and pushing USD/CAD to its highest bids in nearly five years, sending the pair above 1.4300 for the first time since March of 2020.

The Mexican Peso extended its losses against the Greenback for the second straight day after Mexican economic data showed that consumer spending shrank in November, an indication that the economy is slowing.

Investor sentiment is grinding out worry lines in the charts, pushing major currency pairs into near-term midranges as the Federal Reserve’s (Fed) last rate call of 2024 approaches for a landing on Wednesday, with a smattering of other key central banks slated to make appearances this week as well.

The Euro extended its gains versus the Australian Dollar on Tuesday, amid a session characterized by a risk-off mood, sending high-beta currencies lower.

GBP/USD stretched into a two-day winning streak on Tuesday, gaining one-fifth of one percent and recapturing the 1.2700 handle, but only just.

The USD/CAD pair trades with mild gains near 1.4310 during the early Asian session on Wednesday.

Bullish momentum behind the Euro evaporated on Tuesday, dragging the pair back beneath the 1.0500 handle as traders buckle down for the wait to the Federal Reserve’s (Fed) last rate call of 2024.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 on Wednesday.

The NZD/USD pair remains on the defensive around 0.5750 during the early Asian session on Wednesday.

The Japanese Yen (JPY) struggles to capitalize on the previous day's modest recovery gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday.

The Australian Dollar (AUD) extends its losses for the second successive session against the US Dollar (USD) on Wednesday.

The Indian Rupee (INR) trades on a flat note on Wednesday after reaching a new record low of 84.92 in the previous session.