Share: Economists at UBS expect the US Dollar to remain strong before softening as 2024 progresses. RBA to keep rates elevated until at least 4Q24 The...
Share: Gold price falls on easing geopolitical tensions and hawkish remarks from Fed Powell on interest rates. US core inflation is seen growing at a steady...
Share: Federal Reserve (Fed) Bank of San Francisco President Mary Daly spoke on Friday with CNBC that she is not ready to say yet whether the...
Share: S&P 500 rises 1.54%, closing at 4,414.57, marking its seventh consecutive week of gains. Nasdaq 100 and Dow Jones Industrial also post gains, with technology...
Share: The S&P 500 index lost 0.81% on Thursday as it bounced from 4,400 level. Stocks retraced some of their recent advances following 30y bond auction...
Share: Gold price struggles for a sustained recovery as Fed Powell endorsed tightening policy further. Middle East tensions ease as investors see the war between Israel...
Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation...
Share: Silver price falls after a short-lived pullback to near $23.00 as Fed Powell leans toward further policy tightening. Fed Barkin is less optimistic about progress...
Share: USD firmed, alongside a rise in UST yields on weak 30-year auction while Fed Chair Powell’s comments at the IMF conference aided momentum. Economists at...
Share: Gold price is seen consolidating in a range during the Asian session on Friday. Reviving bets for one more Fed rate hike underpin the USD...
Share: GBP/USD consolidates its recent losses to the weekly low amid a bullish US Dollar. Reviving bets for one more Fed rate hike and a softer...
Share: EUR/USD struggles near the lower end of its weekly range amid a stronger US Dollar. Hawkish remarks by Fed officials and a softer risk tone...
Share: Gold price faces a sell-off as investors remain cautious over the speech from Fed Powell. The majority of Fed policymakers have advised waiting for more...
Share: The market will pay particular attention to Fed Chair Jerome Powell’s comments. However, the US Dollar’s direction will not be determined by words, but by...
Share: USD/CAD trades with a mild negative bias and is pressured by a modest USD downtick. The uncertainty over the Fed’s rate-hike path should help limit...
Share: Gold price struggles to recover as investors turn cautious ahead of Fed Powell’s speech. On Tuesday, a majority of Fed policymakers supported raising interest rates...
Share: Federal Reserve Governor Lisa Cook said on Wednesday that geopolitical tensions could be destabilizing to commodity markets and to the system of credit, per Reuters....
Share: USD/CAD sets to recapture 1.3800 amid a risk-off mood ahead of Powell’s speech. Fed policymakers support one more interest rate hike to ensure the return...
Share: EUR/USD has partially retracted the gains recorded after the US labor market report. Economists at Commerzbank analyze the pair’s outlook. Lull in data publications in...
Gold price oscillates in a narrow range amid the uncertainty over the Fed’s rate-hike path. Declining US bond yields caps the recent USD recovery and lends...