AUD/USD recovers daily losses and jumps to 0.6670 as US core PCE Inflation declines in May. Soft US inflation figures would boost Fed rate-cut hopes. The...
NZD/USD rebounds strongly to 0.6100 on an expected decline in the US core PCE Inflation data for May. Annual US core PCE declined to 2.6% from...
EUR/USD edges higher near 1.0700 ahead of US core PCE Inflation data for May. The US Dollar drops on firm Fed rate-cut prospects. The near-term outlook of the Euro...
Gold price attracts some sellers and erodes a part of Thursday’s recovery from a two-week low. The USD advances to a fresh two-month high and exerts...
DXY regains positive traction amid some repositioning ahead of the US PCE Price Index. The recent hawkish comments by Fed officials back the case for one...
Gold price struggles to register any meaningful recovery from a two-week low set on Wednesday. The Fed’s hawkish stance, higher US bond yields, and recent USD...
USD/JPY bulls opt to take some profits off the table amid intervention fears. The upbeat Japanese Retail Sales underpin the JPY and also exert pressure. The...
EUR/USD flubs the 1.0700 handle as bearish flows keep the Fiber pinned. Broad-market sentiment favored the Greenback on Wednesday as rate cut hopes dry up. Late-week...
US Treasury yields climb as global inflation data sparks fears; 10-year bond yield rises to 4.320%. Canadian and Australian inflation data higher than expected, contributing to...
Dow Jones hung up on the 39,000.00 handle amid quiet midweek markets. Fedspeak continues to press down on rate cut hopes. Investors buckle down for the...
NZD/USD refreshes monthly low near 0.6076 as the Fed’s hawkish remarks strengthen the US Dollar’s appeal. Fed Bowman sees interest rates remaining steady for the entire year....
EUR/USD slips below 1.0700 as the Fed maintains hawkish guidance on interest rates. Fed’s Bowman sees no rate cuts this year. Investors will focus on the...
GBP/USD traded in a circle on Wednesday, testing 1.2700. Key figures for both the US and UK due later in the week. GDP updates due on...
EUR/USD churns near 1.0720 as market flows buckle down for the wait to key data. Wednesday has a limited data docket on the offer. Investors look...
Federal Reserve (Fed) Lisa Cook noted that she expects the Fed’s progress on inflation to continue despite a bumpy start to the year. Fed Governor Cook...
Mexican Peso depreciates sharply with USD/MXN trading back above 18.00, gaining over 1%. Fed Governor Michelle Bowman’s comments on holding policy rates steady and willingness to...
The Pound Sterling struggles to extend gains against the US Dollar as investors shift focus to the US core PCE Inflation. Investors expect that the BoE will start reducing key...
USD/CAD falls sharply as the Canadian Dollar appreciates after the stubbornly higher Canadian inflation report for May. The hotter-than-expected US inflation report has trimmed expectations for...
GBP/USD drifts higher on Monday amidst a thin early-week economic calendar. UK GDP data due at the end of the week, strictly mid-tier releases on offer...
EUR/USD recovered from last week’s downside but remains hung up on 1.0730. As USD flows turned lower, Euro traders shrugged off a miss in German data....