United States MBA Mortgage Applications declined to 0.8% in June 21 from previous 0.9%

Jun 26, 2024

AUD/USD hits resistance near 0.6690 after rally inspired by hot Aussie Inflation

The AUD/USD pair surrenders some of its intraday gains after reaching to near 0.6690 in Wednesday’s European session.

USD/CAD recovers at Fed rate-setters' reluctance to endorse interest-rate cuts

USD/CAD edges higher on Wednesday, trading in the 1.3680s as the US Dollar (USD) firms up on commentary from several Federal Reserve (Fed) rate-setters, that overall suggests the US central bank is reluctant to cut its main interest rate, the Fed Funds rate, due to insufficient progress being made on lowering inflation.