St Louis Federal Reserve (Fed) President Alberto Musalem said on Friday that the Fed should revert to cutting interest rates “gradually”, after a larger than usual...
The Bank of England and the Fed were expected to cut rates slightly less than the ECB. This changed after the US employment report at the...
EUR/USD reverses intraday losses on softer-than-expected US PCE inflation report for August. Flash French CPI (EU norm) and Spain’s HICP fell below 2% year-on-year in September....
What just happened? August’s US Personal Consumption Expenditure Price Index (PCE), or PCEPI as the US Federal Reserve (Fed) refers to it, clocked in at an...
USD/JPY falls further to 142.50 on multiple headwinds. Japan Ishiba’s victory in PM elections has strengthened the Japanese Yen. Cooling US inflationary pressures have weighed on the...
USD/CAD remains below 1.3500 after the release of the US PCE inflation and the Canadian GDP data. The US PCE inflation decelerated at a faster-than-expected pace...
Inflation in the US, as measured by the headline Personal Consumption Expenditures (PCE) Price Index, rose by 2.2% year-over-year in August, according to a report from the...
The Pound Sterling faces pressure near 1.3400 against the US Dollar ahead of the US PCE inflation data for August. Market expectations for the Fed cutting...
USD/CAD attracts some buyers on Friday in the wake of a modest USD strength. Bearish Oil prices undermine the Loonie and further lend support to the...
Gold price climbed to a fresh all-time peak on Thursday amid dovish Fed expectations. A modest USD uptick caps gains amid the risk-on mood and overbought...
NZD/USD drifts lower amid a modest USD uptick, though the downside seems limited. The optimism over additional stimulus from China should act as a tailwind for...
The Greenback navigated quite a bearish session on Thursday, giving away a big chunk of Wednesday’s gains despite higher yields and amidst a persistently firm sentiment...
The Dow Jones rallied 260 points on Thursday as investors recover footing. US data came in broadly better than expected, easing recession fears. Despite a litany...
The Pound Sterling recovers to near 1.3400 against the US Dollar as investors expect the Fed to cut interest rates by 50 bps in November. Investors...
EUR/USD moves higher after correcting to near 1.1120 as the US Dollar struggles to extend recovery. Fed Chairman Jerome Powell didn’t talk about monetary policy in...
Pound Sterling gains against US Dollar as traders brace Fed Powell’s speech The Pound Sterling (GBP) rebounds slightly from the key support near 1.3300 against the...
USD/CHF falls sharply from 0.8500 as the SNB reduces its key borrowing rates by 25 bps for the consecutively third meeting. The SNB was expected to...
USD/CAD attracts fresh sellers on Wednesday amid a modest USD downtick. Dovish Fed expectations, along with a positive risk tone, weigh on the buck. Sliding Oil...
GBP/USD turned bearish and dropped back below 1.34 on Wednesday. Markets pared back their recent tilt into a Pound Sterling bull run. The US Dollar recovered...
The Dow Jones tilted into the bearish side, falling 300 points. Exhaustion plays are on the cards with indexes deep in overbought territory. Despite a trim...