Gold price drifts lower and reverses a part of Thursday’s softer US CPI-inspired positive move. An uptick in the US bond yields revives the USD demand...
US 10-year Treasury yield drops to 4.214% following unexpected -0.1% MoM contraction in June CPI. Core CPI increases by just 0.1% MoM, bolstering predictions for Fed...
The Greenback collapsed in response to the softer-than-expected US inflation readings in June, at the time when investors now see the Fed cutting rates as soon...
Dow Jones stuck to Thursday’s opening range after CPI inflation cools. Rate cut expectations pinned to the ceiling as price pressures ease. Market-wide pivot out of...
The Canadian Dollar eased lower across the board on Thursday. Canada remains absent from the economic calendar this week. US CPI inflation contracted in June, sparking...
USD/CAD stays sideways near 1.3600 with US inflation in focus. The core CPI is estimated to have grown steadily by 3.4% on monthly as well as...
Gold price ticks higher for the third straight day on Thursday, albeit lacking bullish conviction. Fed rate cut bets keep the USD bulls on the defensive...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Silver price trades sideways around $31.00 as investors await the US Inflation report for June. Fed Powell signaled that the labor market strength appears to be...
China’s Consumer Price Index (CPI) rose at an annual pace of 0.2% in June, compared to a 0.3% increase in May. The market forecast was for a 0.4% growth...
Mexican Peso extended its gains as USD/MXN drops deeper beneath 18.00. Mexico’s CPI surged close to 5% in June, driven by rising food prices and Peso...
USD/CHF recovers to near 0.9000 ahead of Fed Powell’s testimony. Investors expect that the Fed will start reducing interest rates from September. Market speculation for more...
The Pound Sterling holds gains against the US Dollar with a focus on Fed Powell’s testimony. BoE’s Haskel argued in favor of holding interest rates steady...
EUR/USD trimmed near-term gains on Monday, holding above 1.0800 but declining. French elections delivered a less-than-solid outcome, coalition minority set for deadlock. US Fed Chair Powell...
Dow Jones found early highs before settling back into the low end. New trading week kicks things off with a breather after Friday’s NFP. US consumer...
USD/CHF falls below 0.9000 amid a weak US Dollar. The Fed is expected to start lowering interest rates in September. Easing Swiss inflation has boosted prospects...
The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for June showed on Thursday that “one-year ahead expected CPI inflation fell by 0.1 percentage points to 2.8%...
The key takeaway from the US Federal Reserve’s (Fed) minutes of its 11/12 Jun 2024 Federal Open Market Committee (FOMC) meeting, was the Fed policymakers’ concern...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
EUR/USD rallies above 1.0800 as the US Dollar tumbles, and the preliminary Eurozone service inflation for June remains sticky. The US Dollar declines as US private labor...