The Pound Sterling holds gains against the US Dollar with a focus on Fed Powell’s testimony. BoE’s Haskel argued in favor of holding interest rates steady...
EUR/USD trimmed near-term gains on Monday, holding above 1.0800 but declining. French elections delivered a less-than-solid outcome, coalition minority set for deadlock. US Fed Chair Powell...
Dow Jones found early highs before settling back into the low end. New trading week kicks things off with a breather after Friday’s NFP. US consumer...
Canadian Dollar flows mostly stuck in place on Monday, limiting price momentum. Canada has a strictly low-tier showing on the economic calendar this week. Markets to...
The Pound Sterling remains firm against the US Dollar as expectations for Fed rate cuts in September grew further. Keir Starmer’s historic victory in UK parliamentary...
USD/CHF falls below 0.9000 amid a weak US Dollar. The Fed is expected to start lowering interest rates in September. Easing Swiss inflation has boosted prospects...
USD/CAD turns volatile after the release of the US/Canada Employment report for June. US wage growth momentum slowed expectedly while employment numbers beat estimates. Canada’s labor...
The Pound Sterling performs strongly, as Keir Starmer’s outright majority win as UK PM has brought stability on the political front. Investors expect the BoE to...
In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that they have seen modest further progress on inflation this year but added...
Silver price jumps to near $31.00 as US yields decline after weak US NFP report. The payrolls data beats estimate but remain below May’s reading. Silver...
EUR/USD refreshes a three-week high near 1.0830 due to multiple tailwinds. The Euro strengthens as the far right may fail to gain an outright majority in...
Gold price continues with its struggle to gain any meaningful traction on Friday. Investors opt to wait on the sidelines ahead of the release of the...
The Pound Sterling performs strongly against the US Dollar as the US labor market loses momentum. Investors expect the Fed to begin lowering interest rates in...
The key takeaway from the US Federal Reserve’s (Fed) minutes of its 11/12 Jun 2024 Federal Open Market Committee (FOMC) meeting, was the Fed policymakers’ concern...
Gold price remains supported near a two-week high amid rising Fed rate cut bets. Geopolitics, along with political uncertainty, also lends support to the XAU/USD. A...
Federal Reserve Bank of Chicago President Austan Goolsbee on Thursday discussed the economic outlook on BBC Radio. Goolsbee said that getting inflation back to 2% will take...
The Minutes of the Fed’s June 11-12 policy meeting will be published on Wednesday. Details of Jerome Powell and Co’s hawkish hold and their inflation outlook...
EUR/USD rallies above 1.0800 as the US Dollar tumbles, and the preliminary Eurozone service inflation for June remains sticky. The US Dollar declines as US private labor...
AUD/USD trades sideways below 0.6700 for more than two weeks. The RBA could tighten its monetary policy further as disinflation appears to have reversed. Investors await...
The Pound Sterling holds gains against the US Dollar as Fed’s Powell seems confident that disinflation has resumed. UK elections outcome will be the major trigger...