The ECB decision and the subsequent press conference by ECB President Christine Lagarde were essentially non-events in terms of content. The ECB is largely satisfied with...
AUD/USD falls more than 1.30% in the week on risk-off mood. China’s weaker-than-expected growth figures in Q2 and Iron ore prices are a headwind for the...
Gold is down more than 0.50% amid anticipation of a September Fed rate cut. US jobless claims exceed forecasts, suggesting economic slowdown and favoring lower rates....
As universally expected, the ECB left its policy rates on hold at today’s meeting. The tone of the statement was roughly unchanged, but there were some...
Gold prices fall to $2,457 after hitting an all-time high of $2,483 due to profit-taking. Fed officials signal potential rate cuts; Governor Waller suggests downward trend...
The Mexican Peso is trading lower against its main counterparts amid data releases and changing interest rate expectations. MXN is weakening against the USD after a...
Gold is rising as expectations firm of falling interest rates in the US – a positive for the precious metal. Fed’s Adriana Kugler says a combination...
Gold price hits an all-time high of $2,469 on growing expectations of a Fed rate cut in September. Trump’s potential election win fuels market volatility, driving...
Gold corrects back after the release of stronger-than-expected US Retail Sales data for June. The precious metal had been rallying after the Chairman of the Fed...
Gold extends gains for a third week, rising 0.51% to $2,422. Fed Chair Powell’s cautious comments on inflation and rate cuts subtly influence market sentiment. US...
Gold price sticks to key support level, set for third consecutive weekly gain on Fed rate cut expectations. US PPI rises above estimates; University of Michigan...
The Mexican Peso trades mixed in key pairs after the release of the Banxico June meeting Minutes. The Peso is higher against the US Dollar but...
Gold is pulling back after the stellar gains made on Thursday following the surprise fall in the US inflation rate in June. Cooling inflation implies a...
Gold skyrockets above $2,400 after softer US CPI sparks hopes for Fed rate cuts in 2024. US 10-year Treasury yield drops 10 basis points to 4.187%,...
Gold rises as Powell sets a cautiously optimistic tone on his second day of testimony to lawmakers in Washington. Although he did not state when the...
Gold surges amid growing expectations of Fed rate cuts in September. US 10-year Treasury yield drops to 4.288%, while US Dollar Index falls below 105.00. Inflows...
The Mexican Peso is rising after the release of broadly inflationary data suggests interest rates might remain elevated. Relatively high interest rates in Mexico, at 11.00%,...
Gold prices rise above $2,360 after Powell’s Senate testimony indicates a cautious approach to rate cuts. US 10-year Treasury yield edges up to 4.296%, while DXY...
Gold trades flat after pulling back on Monday following the news the PBoC has stopped purchasing Gold for the second month in a row. The PBoC is one...
The dollar has been modestly stronger since the start of the weekend but there was nothing close to an earthquake in markets following the French election result,...