Forex Today: Markets remain cautious despite easing of Covid curbs in China, eyes on BOC

Malaysia News News

Forex Today: Markets remain cautious despite easing of Covid curbs in China, eyes on BOC
Malaysia Latest News,Malaysia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Forex Today: Markets remain cautious despite easing of Covid curbs in China, eyes on BOC – by eren_fxstreet Currencies Majors BOC Commodities Macroeconomics

Choppy market action continues mid-week as investors refrain from taking large positions ahead of next week's highly-anticipated central bank meetings. Investors remain cautious despite China's decision to move away from the zero-Covid policy and the US Dollar preserves its strength against its risk-sensitive rivals. The European economic docket will feature the third-quarter Gross Domestic Product.

Australian Bureau of Statistics reported during the Asian trading hours that the Australian GDP grew at an annual rate of 5.9% in the third quarter, falling short of the market expectation of 6.3%.price closed virtually unchanged at around $1,770 on Tuesday as the retreating US Treasury bond yields helped XAU/USD hold its ground despite the US Dollar strength. The pair continues to fluctuate in a narrow range near $1,770 early Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forex Today: US Dollar clings to recovery gains in quiet calendar dayForex Today: US Dollar clings to recovery gains in quiet calendar dayForex Today: US Dollar clings to recovery gains in quiet calendar day – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Read more »

Forex Today: US Dollar’s comeback in the making?Forex Today: US Dollar’s comeback in the making?What you need to take care of on Tuesday, December 6: The American dollar finished Monday with substantial gains after starting the day on the back fo
Read more »

Forex Today: US Dollar extends slide to start the week, eyes on PMI dataForex Today: US Dollar extends slide to start the week, eyes on PMI dataForex Today: US Dollar extends slide to start the week, eyes on PMI data – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Read more »

Forex Today: US Dollar takes advantage of a dismal market moodForex Today: US Dollar takes advantage of a dismal market moodWhat you need to take care of on Wednesday, December 7: Financial markets remained risk-averse, helping the US Dollar to advance on Tuesday. The Ameri
Read more »

Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing WoesCrypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing WoesFir Tree is suing Grayscale for details on GBTC. Crypto firm Orthogonal is now facing internal dissent. $BTC is trading at $17K. _jocelynyang_ reports
Read more »



Render Time: 2025-02-27 22:44:07