Gold price has dropped on the Federal Reserve statement and interest rate decision. Fed hikes rates with a hawkish statement by 50 basis points, as expected,...
GBP/USD steadily climbs back to the 1.2400 mark amid a modest USD weakness. The formation of an ascending channel supports prospects for additional gains. Traders now...
AUD/USD reverses modest intraday losses, though lacks follow-through buying. The risk-on mood lends support to the Aussie; A modest USD uptick caps gains. Traders now look...
GBP/USD sees around six-month high after UK inflation data. UK CPI retreats from 41-year high to 10.7% YoY in November, firmer RPI defends bulls. The cautious...
USD/CHF is oscillating below 0.9300 as investors await Federal Reserve’s policy release for fresh cues. Investors seek policy guidance for CY2023 from the Federal Reserve as...
US Dollar Index bounces off six-month low, stays inside falling wedge bullish chart pattern. Oversold RSI, multiple hurdles to the south also keep buyers hopeful. 61.8%...
Asian equities remain mildly bid as easing fears of higher rates jostle with challenges to sentiment. US inflation raised hopes of Fed’s pivot in early 2023...
AUD/USD has slipped further to near 0.6820 ahead of Fed’s policy meeting. The FOMC is expected to hike its interest rate by 50 bps on a...
EUR/USD remains mildly bid near the six-month high ahead of the Fed meeting. Bearish candlestick, overbought RSI challenges further upside near the monthly resistance line. The...
USD/JPY remains under pressure on the front side of the trendline resistance. The US Dollar consolidates the US CPI data losses ahead of the Fed. USD/JPY...
USD/JPY is pressured on the front side of the trendline resistance. The US Dollar was sent lower on the US CPI data and Fed expectations. Against...
The Gold price is making fresh bull cycle highs after the United States Consumer Price Index miss. The United States Federal Reserve interest rate announcement will...
NZD/USD bears move in as profit-taking ensues. The markets will look to he the NZ Half Year Economic and Fiscal Update on Wednesday and the Fed....
The US Dollar plummets following the release of US inflation data. The Mexican Peso has the best day in months versus the US Dollar. USD/MXN back...
Gold price regains strong positive traction on Tuesday and spikes to a fresh multi-month high. The intraday move-up picks up pace following the release of softer...
GBP/USD edges higher on Friday and draws support from a combination of factors. Stronger UK wage growth data underpins the British Pound and acts as a...
USD/CAD has managed to pick bids above the crucial support of 1.3600. A decline in United States inflation will set the stage for a slowdown in...
Gold price has sensed decent demand after dropping below $1,780.00 as the US Dollar has turned volatile. S&P500 futures recovered vigorously as investors shrugged off inflation...
US inflation expectations as per the 10-year and 5-year breakeven inflation rates per the St. Louis Federal Reserve (FRED) data, challenge the recently dovish bias over...
The Canadian Dollar is being supported by firmer oil prices and BOC Governor’s hawkish commentary. JP Morgan Chase & Co. see a spark in S&P500 post...