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3+ min ago (282+ words) Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing a press conference following the announcement of the December monetary policy decision on Tuesday. Earlier this Tuesday, the RBA kept the benchmark interest rate unchanged at 3.6%, as widely expected. Needs to be cautious on monthly CPI series as yet.Inflation and jobs data will be important for board meeting in Feb. AUD/USD is holding higher ground above 0.6600 on the above comments, adding 0.17% on the day, as of writing. Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets. EUR/USD slides 0.05% as the week begins, courtesy of broad US Dollar strength, amid choppy trading as traders brace for the'Federal Reserve'monetary policy…...

4+ min ago (197+ words) Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets. EUR/USD slides 0.05% as the week begins, courtesy of broad US Dollar strength, amid choppy trading as traders brace for the'Federal Reserve'monetary policy decision. At the time of writing, the pair trades at 1.1637 after hitting a daily high of 1.1672. Gold keeps its range trade intact around $4,200 as the Fed's two-day monetary policy meeting begins later on Tuesday. US Dollar loses ground with Treasury bond yields even as the mood turns cautious. Gold's daily chart shows that the bull-bear tug-of-war will likely continue ahead of US jobs data. Shiba Inu price steadies around $0.0000092 on Tuesday, after rebounding 3% and finding support around the key level. The bullish sentiment is further supported by SHIB's rising trading volume, large whale orders and buy-side dominance, which have risen…...

5+ min ago (413+ words) The USD/JPY pair gives up some of its intraday gains after posting an intraday high around 156.40 during the European trading session on Tuesday. Still, the pair is 0.12% higher at around 156.10. The pair faces slight selling pressure as the Japanese Yen (JPY) attracts bids after comments from Bank of Japan (BoJ) Governor Kazuo Ueda signal that the central bank will stick to its policy normalization path, adding that inflationary pressure continues to accelerate. "Because we are foreseeing convergence to 2% of the underlying component, we've been adjusting the degree of easing slowly," Ueda said. Meanwhile, a massive 7.6-magnitude earthquake in northeastern Japan on Monday also put pressure on the Japanese Yen. The government has ordered households in the region to evacuate the city, while Japan's Meteorological Agency (JMA) has also issued Tsunami warnings. Next release: Wed Dec 10, 2025 19:00 Sagar Dua is associated…...

7+ min ago (587+ words) The Yen is suffering on Tuesday, in the aftermath of a 7.5-magnitude earthquake in Japan. JPY weakness has boosted the GBP/JPY to breach the resistance area at 207.35 and the 2024 high at 208.11 to reach its highest levels since 2008. Investors are considering the possibility that the earthquake's damage might force the Bank of Japan to delay an interest rate hike planned for next week. On Tuesday, BoJ Governor Ueda confirmed the bank's commitment to gradual monetary tightening, but the positive impact on the Yen has been limited so far. The Pound finally broke the top of the triangle pattern formed during the last two weeks and confirmed its bullish trend, breaching the 2024 peak, at 208.11. The Relative Strength Index (RSI) in the 4-hour chart has reached overbought levels, but the Moving Average Convergence Divergence (MACD) remains above zero, highlighting the positive momentum....

11+ min ago (284+ words) Australian Dollar (AUD) appears to have entered a consolidation phase between 0.6605 and 0.6645. In the longer run, further AUD strength is not ruled out; it remains to be seen if 0.6685 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. EUR/USD stays better bid near 1.1650 in the European session on Tuesday. The prospect of a US interest rate cut on Wednesday keeps the US Dollar under check, underpinning the pair. In the meantime, traders look to the US ADP Employment Change four-week average and Jolts Job Openings reports for September and October." GBP/USD attracts some buyers following the previous day's two-way directionless price move and re-attempts 1.3350 in European trading on Tuesday. The pair capitalizes on renewed US Dollar weakness and a mildly optimistic mood"heading into the US employment data." Gold reverses an intraday dip…...

12+ min ago (601+ words) The Reserve Bank of Australia has signalled stubborn inflation is now more broadly based as it left interest rates on hold at its final meeting before Christmas. In a unanimous decision, the cash rate on Tuesday afternoon stayed at 3.6 per cent for the third consecutive meeting, with the RBA's monetary policy board suggesting higher inflation was no longer a temporary factor. "The data do suggest some signs of a more broadly based pick-up in inflation, part of which may be persistent and will bear close monitoring," it said. "The recent data suggest the risks to inflation have tilted to the upside, but it will take a little longer to assess the persistence of inflationary pressures." In a sign rate cuts are off the table, the RBA suggested its rate cuts in February, May and August had yet to fully boost…...

14+ min ago (410+ words) With the latest tranche, Pakistan has now received about $3.3 billion since last year under the IMF bailout With the latest tranche, Pakistan has now received about $3.3 billion since last year under the IMF bailout, which spans 37 months and requires Islamabad to meet strict reform conditions to secure each installment. Pakistan has long depended on IMF assistance and loans from "friendly nations" to manage chronic balance-of-payments pressures. Prime Minister Shehbaz Sharif welcomed the decision, calling it recognition of the government's reform efforts and "effective implementation" of IMF-backed measures that helped the country narrowly avoid default last year. Sharif also credited Army Chief Gen. Asim Munir for supporting the reform agenda, and praised Finance Minister Muhammad Aurangzeb and his team for their "tireless work" in pushing through difficult changes. He said Pakistan's reform and digitalisation initiatives have now become a global "case…...

14+ min ago (316+ words) The Mexican peso was still close to its yearly highs on Tuesday morning, even after the dollar mounted a small counter-attack overnight. USD/MXN hovered around 18.2618.28 after Monday's bounce from the 18.1518.20 area. The move came alongside a mild rise in the US Dollar Index to just above 99 as traders squared positions before this week's Federal Reserve decision. Mexico's macro backdrop continues to support the currency. Banxico's policy rate at 7.25 percent, with inflation in the mid-3 percent range, delivers one of the highest real yields in emerging markets and combines with steady nearshoring investment flows. Domestic fiscal debates have so far not unsettled bond markets. Technically, the four-hour chart shows a relief rally for the dollar inside a broader peso uptrend. Short-term momentum has recovered from oversold levels, but USD/MXN still trades below key moving averages and under the Ichimoku cloud....

15+ min ago (642+ words) The Comptroller and Auditor General (CAG), the national auditor, is preparing to overhaul the way it audits government departments by moving from post-facto examination of accounts to real-time audits of public spending, project execution and service delivery. The shift marks one of the most significant changes to India's audit architecture in decades, and comes at a time when governments are executing larger, technology-driven programmes that require closer and more continuous oversight. Under the existing system, most CAG audits are carried out after the end of a financial year. This limits its ability to flag risks early, and reduces the scope for course correction while a project is underway. The new approach aims to plug this gap by allowing the CAG to review data, documents and progress metrics as they are generated, instead of waiting for the project to end. According…...

18+ min ago (446+ words) Bank of Japan (BoJ) Governor Kazuo Ueda said at a London event during the European trading session on Tuesday that the central bank is tightening monetary conditions gradually as underlying inflationary pressures are accelerating in wake of fiscal stimulus. The initial reaction from BoJ Ueda's comments appear to be positive for the Japanese Yen (JPY). The USD/JPY pair drops 0.18% from its intraday high of 156.45. Still, the pair is 0.12% higher around 156.10 as of writing. The Bank of Japan (BoJ) is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%. A weaker Yen and the spike in global energy prices led to an increase in Japanese inflation, which exceeded the BoJ's 2% target. The prospect of…...