Analyzes

Gold price remains stuck around the $5,000 mark, unable to attract investors despite the market’s mood swings.

The FOMC released the minutes of the last Federal Reserve monetary policy meeting, and the document shed some light on what Kevin Warsh would face as the next Chair. Spoiler: it won’t be easy for him to please Trump’s goal of having lower interest rates.

AUD/USD has come under renewed downside pressure in the past few days, correcting from fresh highs around 0.7150 hit earlier in the month.

The EUR/USD pair pierced the 1.1800 mark on Wednesday, as the US Dollar (USD) benefited from a hawkish Federal Open Market Committee (FOMC) minutes.

The USD/ILS is near the 3.14050 with a wide spread being demonstrated and fast price action having already taken place this morning.

The US dollar jumped against the Japanese yen on Wednesday, as traders are looking to take advantage of the interest rate differential.