Monthly Archives: January 2026

Driven by rising commodity prices and global growth optimism, the Australian Dollar has strengthened

Written on January 29, 2026 at 4:12 am, by

Australian Dollar rises on global growth optimism, higher commodity prices, and unexpected inflation prompting rate hike hopes.

Quarterly earnings for GE Vernova reached $13.39 per share, exceeding estimates of $3.05 per share

Written on January 29, 2026 at 3:43 am, by

GE Vernova beats earnings estimates with $13.39 EPS, strong revenue growth, and outperforming S&P 500 gains.

Ahead of the FOMC meeting, the Dollar shows weak momentum, with minor buying trends observed

Written on January 29, 2026 at 3:42 am, by

Dollar shows marginal strength before FOMC decision; cautious hedging persists without strong conviction from investors.

Traders prepare for the Fed’s interest rate decision as gold continues its upward momentum.

Written on January 29, 2026 at 3:14 am, by

Gold hits record high amid safe-haven demand, weaker USD, and anticipation of the Federal Reserve’s decision.

The British Pound faces pressure against the Japanese Yen, influenced by rising demand and intervention speculation

Written on January 29, 2026 at 3:13 am, by

GBP/JPY dips amid intervention speculation; technicals signal weakening momentum, eyes on support near 209.70 and 205.70.

OCBC Bank has updated its gold price forecast to USD5,600 per ounce by 2026, citing demand

Written on January 29, 2026 at 2:43 am, by

OCBC raises gold forecast to $5,600/oz by 2026, citing demand and geopolitical uncertainty premiums.

The Bank of Canada is likely to keep its policy rate steady at 2.25% again

Written on January 29, 2026 at 2:42 am, by

Bank of Canada holds rate steady amid trade uncertainties, keeping inflation target in focus and markets cautious.

As the FOMC convenes, speculation mounts regarding Trump’s imminent nomination for the Fed Chair

Written on January 29, 2026 at 2:13 am, by

Trump may name Fed Chair successor Wednesday; markets watch for impact on rates, Fed independence, USD.

The expectation from TD Securities suggests the Bank of Canada will keep the rate at 2.25%

Written on January 29, 2026 at 2:12 am, by

Bank of Canada holds rate steady at 2.25%, signals caution amid slower GDP and inflation trends.

The Euro is trading at 1.1980, testing support around 1.1960 after recent highs of 1.2082

Written on January 29, 2026 at 1:44 am, by

Euro steadies near 1.1980; markets await Fed decision amid inflation concerns and possible ECB rate cut.

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