Share: Gold Price renews two-week high as bulls cheer sooner end of hawkish monetary policies. Downbeat activity data recalls challenges for “higher for longer” rates, fueling...
Share: NZD/USD comes under heavy selling pressure and is weighed down by resurgent USD demand. Reduced bets for more Fed rate hikes might cap the USD...
Share: Gold price recovers sharply, supported by Greenback’s correction as the US economy appears to lose resilience. US firms start to operate at lower capacity in...
Share: Gold price faces pressure as marginally weak US NFP and higher manufacturing PMI The US jobless rate rose to 3.8%. Fresh payrolls were 187k, outperformed...
Share: EUR/USD remains depressed after refreshing multi-day low, down for the second consecutive day. Broad US Dollar strength, cautious mood ahead of key central bankers’ speeches...
Share: US Dollar Index takes the bids to refresh 11-week high after rising the most in a month the previous day. Mostly upbeat US data, hawkish...
Share: Market sentiment remains dicey as traders await key central bankers’ speeches. S&P 500 Futures struggle for clear directions after falling the most since December 2022...
Share: USD/JPY fades the previous day’s rebound from fortnight low. Japan inflation came in softer but the details are way past BoJ target, keeping Yen buyers...
Share: GBP/USD takes offers to refresh multi-day low amid broad US Dollar strength. Improvement in UK sentiment fails to defend Cable buyers amid British recession woes....
Share: WTI crude oil recovers from key EMA confluence within 13-day-old falling wedge bullish chart formation. Steady RSI, bearish MACD signals and 4.5-month-old horizontal resistance area...
Share: The index surpasses the 104.00 hurdle to print new highs. Chair Powell will speak later at the Jackson Hole Symposium. Final Michigan Consumer Sentiment takes...
Share: The main event today will be the US Fed’s Jackson Hole Symposium. Economists at Commerzbank analyze how Fed Chair Powell’s speech could impact the US...
Share: Markets remain focused on upcoming announcements from the Fed Chair Jerome Powell and the ECB President Christine Lagarde. Economists at ING analyze GBP outlook ahead...
Share: The Dollar has strengthened into the Jackson Hole Symposium and economists at ING think a hawkish tone by Fed Chair Powell is now largely priced...
Share: Fed Chairman Jerome Powell will deliver a speech on the US economic outlook at the Jackson Hole Symposium. Powell’s comments on monetary policy and interest...
Share: Euro manages to rebound from 1.0770 vs. the US Dollar. Stocks in Europe maintain the positive mood. EUR/USD approaches the 1.0900 barrier ahead of Jackson Hole....
Share: Fed Chairman Powell’s set-piece speech at the Jackson Hole central bank gathering is the focal point for markets today. Economists at Scotiabank analyze USD outlook ahead...
Share: Gold holds steady above $1,910 ahead of Fed Chair Powell’s opening remarks at Jackson Hole. Economists at TD Securities analyze the yellow metal’s outlook. A...
Share: Federal Reserve Bank of Philadelphia President Patrick Harker told Bloomberg on Friday that he doesn’t see the need now for additional rate increases but added...
Share: Cleveland Federal Reserve President Loretta Mester told CNBC on Friday that they probably have some more work to do with rates, per Reuters. Additional takeaways...