Live Updates

12

Jan 2026
Concerns about US Fed independence lead to increased NZD/USD buying around 0.5745 after losses

NZD/USD rises amid Fed independence concerns; RBNZ holds rate steady, supporting Kiwi through stable outlook.

12

Jan 2026
The Australian Dollar strengthens against the US Dollar, propelled by Greenback weakness and Federal Reserve worries

Australian Dollar rebounds as US Dollar weakens; market shifts on Fed concerns and mixed economic data.

12

Jan 2026
Jerome Powell, Chair of the Fed, faces threats of criminal charges over testimony regarding renovations

Justice Department threatens Fed Chair Powell over testimony, raising concerns about Federal Reserve’s independence and interest rate policy.

12

Jan 2026
The USD/CAD pair retreats from a nine-day high of approximately 1.3920 due to USD weakness

USD/CAD weakens below 1.3900 as Fed concerns, oil prices, and economic data drive cautious trading.

12

Jan 2026
Amid heightened tensions in Iran, WTI has risen to approximately $59.20 in early trading

WTI oil rises on Iran unrest, U.S. military tensions, Venezuela crude returns, awaiting API stockpile data.

12

Jan 2026
The People’s Bank of China establishes the USD/CNY reference rate at 7.0108, adjusting from 7.0128

PBoC sets USD/CNY rate at 7.0108, aims for stability, growth, and financial market reform.

12

Jan 2026
After hitting a three-week low, GBP/USD finds buyers near the 200-day SMA, recovering.

GBP/USD rebounds as USD weakens on Fed independence concerns; traders await key US and UK data.

12

Jan 2026
An inquiry has been launched into Jerome Powell by federal prosecutors concerning his congressional testimony.

Federal Reserve Chair Jerome Powell under criminal investigation for possible misinformation to Congress about HQ renovation.

12

Jan 2026
Amid expectations of a dovish Federal Reserve, the EUR/USD pair approaches 1.1650 during trading

EUR/USD hovers near 1.1650 as weaker US job data fuels Fed rate pause speculation amid inflation trends.

12

Jan 2026
Geopolitical tensions and anticipated US rate cuts drive gold prices to a new peak above $4,550

Gold hits record $4,555 amid rate cut hopes, geopolitical tensions, and rising demand for safe-haven assets.

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