EUR/GBP trimms earlier losses as the Pound struggles amid ongoing UK fiscal uncertainty. BoE’s Ramsden expects wage and service price pressure to continue easing, leaving room...
Gold breaks out above $3,760 and advances toward the recent ATH of $3,791. Fresh US tariffs and geopolitical tensions keep safe-haven demand for Gold underpinned. The...
Federal Reserve (Fed) Board of Governors member Michelle Bowman pivoted deeper into the pro-rate-cut camp on Friday, noting that recent payroll revisions shows the Fed is...
The Dow Jones rebounded over 350 points on Friday, climbing back above 46,000. Fed rate cut expectations are still on track after PCE inflation met market...
Australian Dollar regains ground as the US Dollar softens after in-line PCE data and weaker consumer sentiment. Focus turns to the RBA’s monetary policy decision on...
The Canadian Dollar clamped down on bearish momentum on Friday. Despite cooling downside momentum, the Loonie still tapped 18-week lows against the US Dollar. The Canadian...
GBP/USD ends Thursday down 0.78%, trades below all major SMAs as it hits four week low. US macro data trims dovish Fed bets, bolstering the Dollar,...
The US Dollar Index (DXY) is trading strongly on Thursday, awaiting data on the Personal Consumption Expenditures (PCE) Price Index, due on Friday at 12:30 GMT....
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee broke away from the overarching narrative of consecutive Fed rate cuts heading through the end of the...
St. Louis Fed President Alberto Musalem explained on Monday that he backed last week’s rate cut, describing it as a precaution to safeguard the job market....
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Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), declined to 2.6% on a yearly basis in August...
According to the Federal Reserve (Fed) Bank of New York, consumer inflation expectations ticked higher once again, and ongoing employment expectations also decayed. All surveyed metrics...
AUD/USD gained ground for a fourth straight session on Friday. The Aussie is gaining ground on a slumping US Dollar as Fed rate cut hopes remain....
The Dow Jones eased lower on Friday, testing below 45,500. Equities recoiled after US PCE inflation metrics rose in-line with forecasts. Despite fresh inflation pressure, markets...
NZD/USD gains further to near 0.5900 amid upbeat market mood. Investors await the US PCE inflation data for fresh cues on the monetary policy outlook. Cooling...
The US Dollar Index faces slight selling pressure ahead of the US PCE inflation data for July on Friday. Traders are confident that the Fed will...
The 6 % gamble The tape is circling one event, and it isn’t Powell, nor the next inflation print — it’s Nvidia. This isn’t just another...
USD/CAD remains under pressure as Fed’s Powell signals that he is open to monetary policy adjustments. Fed Powell’s dovish interest rate guidance has battered the US...
USD/CAD remains under pressure as Fed’s Powell signals that he is open to monetary policy adjustments. Fed Powell’s dovish interest rate guidance has battered the US...