Share: USD/CAD rebounds to near 1.3260, following footprints of the US Dollar. The Fed may start reducing interest rates from March 2024. Lower oil prices due...
Share: Fed’s explicit pivot further reinforces OCBC Bank’s sell-on-rally view on the US Dollar. Dovish pivot sets the tone Given Fed’s pivot, the next leg of...
Share: USD/CAD discovers buying interest near 1.3200 despite a sell-off in the US Dollar. The Canadian Dollar has weakened due to a significant fall in the...
Share: Gold price is set to extend upside as the Fed is expected to cut rates sooner than anticipated. The core PCE price index declined more than...
Share: Former Dallas Federal Reserve (Fed) President Robert Kaplan said on Tuesday that he expects the central bank to start cutting interest rates soon to avoid...
Share: Silver price recovers swiftly after softer-than-projected US core PCE inflation report. Sost underlying inflation data has boosted Fed’s rate cut bets. The US Durable Goods...
Share: The S&P 500 index remained above 4,700 level yesterday and retraced a large part of its Wednesday intraday sell-off. Maintaining a bullish bias is still...
Share: Gold price rises sharply to near $2,060 after soft core PCE inflation report for November. Soft inflation report has boosted Fed’s rate cut expectations. The US Dollar...
Share: Economists at HSBC retain a USD bullish view for 2024. USD likely to be on the defensive in the near term The USD is likely...
Share: The US Dollar Index (DXY) hit a new low not seen since July on Thursday. Economists at MUFG Bank analyze Greenback’s outlook ahead of US...
Share: US Dollar Index faces negative sentiment due to the expected dovish stance from the Fed. Subdued US GDP data increased the chances of the Fed’s...
Share: The Japanese Yen loses traction in reaction to softer inflation figures from Japan. Dovish Fed expectations should undermine the USD and cap the USD/JPY pair....
Share: GBP/USD ticks lower on Friday amid a modest USD bounce from a multi-month low. The mixed fundamental backdrop warrants caution before placing directional bets. Traders...
Share: Gold price picks strength after downbeat final Q3 GDP data, US PCE data still awaited A sticky US core PCE report may dampen investors’ short-term...
Share: NZD/USD consolidates after correcting from 0.6300 ahead of US economic data, namely core PCE price index. A sticky inflation report may offer temporary cushion to...
Share: The Japanese Yen strengthens for the second straight day and draws support from a combination of factors. A turnaround in the risk sentiment, along with...
Share: Gold price regained positive traction on Thursday and reversed a part of the overnight losses. Dovish Fed expectations keep the USD bulls on the defensive...
Share: US equities closed sharply lower, snapping the post-Fed pivot rally. S&P 500 inched within half a percent of all-time highs before a harsh correction. Dow...
Share: Pound Sterling drops sharply as UK inflation softened sharply in November. UK’s monthly headline inflation surprisingly contracted by 0.2%. Investors may raise bets in favour...
Share: Gold price struggles for a direction ahead of US core PCE price index data. Fed Bostic sees no urgency for interest-rate cuts amid sheer strength...