Share: USD/CHF finds an intermediate support near 0.8600, however, the more downside remains favoured. The USD Index remains on backfoot as rate cut expectations outweigh. USD/CHF...
Share: The Japanese Yen ticks higher and snaps a three-day losing streak against the USD. Bets for early rate cuts by the Fed weigh on the...
Share: In an interview with Yahoo Finance on Tuesday, Richmond Federal Reserve Bank President Thomas Barkin said that the Federal Reserve would “act appropriately” if inflation comes...
Share: Gold price remains sideways amid disparities between investors and Fed policymakers on monetary policy outlook. After several members dismissed the need for rate cuts Fed...
Share: The Bank of Japan (BoJ) left monetary policy setting unchanged. Subsequently, USD/JPY took a leg higher. Economists at Commerzbank analyze Yen’s outlook. USD/JPY will only...
Share: USD/CAD remains on the defensive, though a combination of factors helps limit losses. BoC Governor sees rate cuts in 2024 and overshadows the recent bounce...
Share: In an interview with CNBC on Monday, Chicago Federal Reserve (Fed) President Austan Goolsbee said that they have seen significant improvement in inflation, per Reuters. Goolsbee...
Share: The Dollar is recovering some ground. Economists at ING analyze Greenback’s outlook. Softer into year-end? The US Dollar is recovering some ground after the pushback...
Share: GBP/USD regains positive traction and stalls its retracement slide from a multi-month peak. The BoE’s hawkish outlook continues to underpin the GBP and acts as...
Share: The Japanese Yen ticks lower against the US Dollar for the second straight day on Monday. The prevalent risk-on environment is seen as a key...
Share: Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Sunday in an interview on CBS that it’s premature to declare victory in the...
Share: Chicago Federal Reserve (Fed) President Austan Goolsbee added his take to comments from Fed officials on Friday, stating that he did not rule out the...
Share: Gold consolidated its gains following the dovish commentary emanating from Wednesday’s FOMC meeting. Economists at ANZ Bank analyze the yellow metal’s outlook. Fed’s pivot to...
Share: The US Dollar Index (DXY) sold off 0.9% on Thursday and is down 2% on the week. Economists at ING analyze Greenback’s outlook. Focus on...
Share: The Japanese Yen continues to be undermined by expectations for a hawkish BoJ pivot in 2024. Fed rate cut bets drag the USD to over...
Share: The Dow Jones Industrial Average rose 512 points yesterday to hit an all-time high of 37,090 while the S&P 500 rose 64 points to 4,707,...
Share: EUR/USD continues to draw support from the divergent ECB-Fed policy outlook. The technical setup favours bullish traders and supports prospects for further gains. Some follow-through...
Share: Canadian Dollar gains further ground against the US Dollar in risk-on markets. Bank of Canada Governor Macklem slated to make an appearance on Friday. WTI...
Share: Gold price is aiming to deliver more gains as the Fed surprisingly turns dovish. The Fed is expected to achieve a ‘soft landing’ amid stable...
Share: Gold price attracts some follow-through buying for the second straight day on Thursday. The US bond yields and the USD extend the post-FOMC slide, lending...