NZD/USD rebounds strongly to 0.6100 on an expected decline in the US core PCE Inflation data for May. Annual US core PCE declined to 2.6% from...
Canadian Dollar bolstered by rising market sentiment. Canada posted a 0.3% uptick in GDP, propping up CAD. US PCE inflation also ticked lower, further bolstering rate...
EUR/USD edges higher near 1.0700 ahead of US core PCE Inflation data for May. The US Dollar drops on firm Fed rate-cut prospects. The near-term outlook of the Euro...
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged lower to 2.6% on a yearly basis in...
Gold price attracts some sellers and erodes a part of Thursday’s recovery from a two-week low. The USD advances to a fresh two-month high and exerts...
DXY regains positive traction amid some repositioning ahead of the US PCE Price Index. The recent hawkish comments by Fed officials back the case for one...
Japanese Tokyo Consumer Price Index (CPI) inflation rose to 2.3% over the year ended in June compared to the previous period’s 2.2%. Core Tokyo CPI inflation...
Dow Jones continues to churn just above 39,000.00 after Thursday’s mixed data. US data came in mixed on Thursday, leaving the American market session in the...
Canadian Dollar went in both directions on Thursday’s mixed US data. Canada is absent from economic calendar until Friday’s GDP update. US PCE Price Index inflation...
Gold price struggles to register any meaningful recovery from a two-week low set on Wednesday. The Fed’s hawkish stance, higher US bond yields, and recent USD...
USD/JPY bulls opt to take some profits off the table amid intervention fears. The upbeat Japanese Retail Sales underpin the JPY and also exert pressure. The...
US Treasury yields climb as global inflation data sparks fears; 10-year bond yield rises to 4.320%. Canadian and Australian inflation data higher than expected, contributing to...
Australia’s monthly Consumer Price Index (CPI) jumped by 4.0% in the year to May after recording a 3.6% increase in April, according to the data published by the...
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent crossed the wires in the last hour, saying that the recent data reinforce the need to be...
GBP/USD traded in a circle on Wednesday, testing 1.2700. Key figures for both the US and UK due later in the week. GDP updates due on...
EUR/USD churns near 1.0720 as market flows buckle down for the wait to key data. Wednesday has a limited data docket on the offer. Investors look...
Federal Reserve (Fed) Lisa Cook noted that she expects the Fed’s progress on inflation to continue despite a bumpy start to the year. Fed Governor Cook...
The Pound Sterling struggles to extend gains against the US Dollar as investors shift focus to the US core PCE Inflation. Investors expect that the BoE will start reducing key...
USD/CAD falls sharply as the Canadian Dollar appreciates after the stubbornly higher Canadian inflation report for May. The hotter-than-expected US inflation report has trimmed expectations for...
The Canadian Consumer Price Index is set to rise 2.6% YoY in May after April’s 2.7% increase. Canada’s CPI inflation data will likely impact the timing...