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USD/CAD pulls back from the high level of 1.3846, which has not been seen since mid-November. The US Dollar may strengthen further on the likelihood of the Fed extending its tight monetary policy. The lower WTI price could limit the advance of the Canadian Dollar. USD/CAD retreats from a five-month

The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the first quarter of 2024 after the publication of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday. The inflation measure rose 4.3% YoY in Q1 2024 vs. 4.7% in Q4 2023. The inflation

The Malaysia stock market has finished lower in four straight sessions, sinking more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's likely to remain in that neighborhood again on Wednesday. The global forecast for th

Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center’s Washington Forum in Washington, DC. Powell said that the U.S. economy's performance has been quite robust. He added that recent data indicates a lack of signific

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USD/JPY ascends following a US inflation report indicating reacceleration, challenging levels that might prompt intervention. Rising inflation figures push Treasury yields higher and boost the US Dollar. Market anticipates future Fed actions with keen interest in upcoming monetary policy minutes. Th