The Dow Jones rose into yet another record high, but bidders remain unconfident. Consumer confidence surveys show US spenders still fear higher inflation. Fedspeak deviations continue, but...
EUR/USD rises from 1.1100 as investors digest downbeat flash Eurozone PMI data for September. Market participants expect the Fed to cut interest rates further by 50 bps in...
The Pound Sterling moves higher to near 1.3380 against the US Dollar on expectations of BoE’s shallow policy-easing cycle. UK’s overall business activity grew at a...
USD/CHF adds nominal gains as the Swiss Franc is weighed down by uncertainty ahead of the SNB’s policy decision. The SNB is expected to cut interest...
AUD/USD pulls back after touching a fresh YTD peak, albeit the downside remains limited. The divergent RBA-Fed policy expectations act as a tailwind amid the upbeat...
Here is what you need to know on Tuesday, September 24: Risk flows seem to have returned in Tuesday’s trading, as investors cheer China’s stimulus announcement...
EUR/USD declined in one of its worst days in H2 2024. EU PMI figures broadly came in below expectations, while US PMIs also printed lower. Tuesday...
The Greenback remains off-kilter following the Fed’s recent pivot into a rate-cutting cycle. Last week, the US central bank delivered a jumbo 50 bps rate cut....
The Dow Jones clipped into an all-new record peak, but remains flat overall. Equities are tilted upwards, but overall market momentum remains limited. US S&P PMI...
The Pound Sterling drops as the preliminary UK S&P Global PMI came in lower than expected. Traders expect the BoE to deliver one more interest rate cut...
The US Dollar (USD) is firmer overall on the session but has nudged off its earlier highs against its major currency peers, Scotiabank’s Chief FX Strategist...
AUD/USD strengthens above 0.6800 with RBA policy on the horizon. The RBA is expected to leave interest rates unchanged on Tuesday. The US Dollar recovers amid...
Federal Reserve (Fed) Bank of Philadelphia Patrick Harker said on Friday that the US central bank has efficiently navigated a challenging economy over the past few...
The Pound Sterling holds the two-week low support at 1.2845 against the US Dollar after the US core PCE Price index data release. The BoE is expected...
The US Dollar drops as steady US core PCE inflation growth appears insufficient to impact firm Fed rate-cut bets. The Fed is widely anticipated to leave...
AUD/USD continues to consolidate above 0.6520 after mixed cues from the US PCE inflation report for June. Annual headline PCE decelerated expectedly, the core measure grew...
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged lower to 2.5% on a yearly basis in...
EUR/USD shifts to the sidelines with the US core PCE Price Index for June in focus. Annual US core PCE inflation is estimated to have decelerated...
Gold price dived to over a two-week low following the release of the US macro data on Thursday. September Fed rate cut bets keep the USD...
AUD/USD attract some buyers and snaps a nine-day losing streak to its lowest level since early May. A modest recovery in the equity markets undermines the...