Day: April 8, 2026

Fed Minutes to provide clues on March hold decision amid hawkish stance

Fed Minutes to provide clues on March hold decision amid hawkish stance

The Federal Reserve (Fed) will publish its Minutes from the March 18 meeting on Wednesday. The release should be less about the decision itself and more about the officials’ “no rush to cut” narrative. Let’s recall that the Fed matched consensus last month, leaving its Fed Funds Target Range (FFTR) unchanged at 3.50%-3.75%, although both […]

Bearish momentum gains traction below 0.7900

Bearish momentum gains traction below 0.7900

The US Dollar (USD) accelerated its reversal against the Swiss Franc (CHF) on Wednesday, as investors pared back US Dollar long positions following the announcement of a ceasefire in Iran. The pair’s reversal from weekly highs right above 0.8000 extended to session lows near 0.7870 before picking up to the 0.7890 area at the time […]

Gold retains positive as US‑Iran ceasefire, easing Fed bets hit USD

Gold retains positive as US‑Iran ceasefire, easing Fed bets hit USD

Gold (XAU/USD) builds on the previous day’s bounce from the $4,600 neighborhood and gains strong positive traction for the second straight day, hitting a nearly three-week peak during the Asian session on Wednesday. The precious metal, however, retreats slightly from the daily swing high and currently trades around the $4,800 round figure, still up 2.0% […]