
FxWirePro: USD/ZAR trends higher ahead of US rate decision
Jan 29, 2025 10:51 am UTC| Technicals
The USD/ZAR steadied around 18.675 on Wednesday as US dollar strengthened ahead of interest rate decisions from the Federal Reserve . The Fed is expected to keep rates unchanged today, amid President Trumps push for...

FxWirePro: AUD/ JPY weakens as soft CPI boosts rate cut expectations from the RBA
Jan 29, 2025 10:40 am UTC| Technicals
AUD/ JPY dippedon Wednesday as weaker-than-expected inflation data heightened expectations of a February rate cut by the Reserve Bank of Australia. Australian consumer prices grew at the slowest pace in four years in...

FxWirePro: GBP/USD slips towards 1.2400 level ,vulnerable to more downside
Jan 29, 2025 10:21 am UTC| Technicals
GBP/USD dipped on Wednesday as dollar firmed as investors focused on the Feds monetary policy decision. The central bank is widely expected to keep rates steady after 100 basis points of easing last year. Investors...

FxWirePro: USD/ JPY holds narrow range ahead Fed policy decision
Jan 29, 2025 09:30 am UTC| Technicals
USD/JPY traded in narrow range on Wednesday as markets awaited Federal Reserves interest rate decision scheduled later in day. in a busy week for global central bank meetings, the U.S. Federal Reserves interest rate...

Jan 29, 2025 09:04 am UTC| Technicals
The GBP/JPYtrades flat GBP/JPY is staying below 193.50 because of the strong expectations around the Bank of Japans policy direction.It hit an intraday high of 193.76 and is currently trading around 193.147. Intraday trend...

FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
Jan 29, 2025 06:05 am UTC| Technicals
NZD/USD traded flat on Wednesday as investors awaited Federal Reserves upcoming policy decision. The U.S. Federal Open Market Committee is expected to keep its benchmark overnight interest rate between 4.25% and 4.50%...
FxWirePro: AUD/ USD maintains bullish bias with focus on 0.6200 level
Jan 29, 2025 05:49 am UTC| Technicals
AUD/USD edged lower on Wednesday after a weaker-than-expected domestic inflation report raised expectations of a near-term interest rate cut by RBA. Consumer prices rose 0.2% in Q4, with annual inflation slowing to...