The Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) is widely expected to keep rates unchanged on Wednesday, with Chairman Jerome Powell likely providing a similar...
Gold price stalls the previous day’s recovery move from its lowest level in over a month. Reduced bets for a September Fed rate cut underpin the...
EUR/JPY tumbles to 168.50 as the Eurozone’s political uncertainty weakens the Euro’s appeal. French Macron called for a snap election after exit polls showed significant seats...
EUR/USD weakens to 1.0730 on Monday amid multiple headwinds. Euro tumbles as French President Emmanuel Macron calls for a snap election, which triggers political uncertainty. Strong...
Gold languishes near a multi-week low touched on Friday amid reduced Fed rate cut bets. The stronger US NFP report suggests that the Fed might delay...
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EUR/JPY exhibits strength ahead of the ECB’s policy decision. The ECB is expected to announce a dovish decision but will not commit subsequent rate cuts. BoJ...
European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on Wednesday, he “believes that ECB is nearing its first interest rate cut.”...
The Oil price fell to $72.50 as OPEC+ plans to shore up the market. Weak US factory PMI raise concerns over the Oil demand outlook. Investors await...
EUR/USD jumps above 1.0900 as the US Dollar weakens due to firm Fed rate-cut prospects. Traders raise Fed rate-cut bets amid fears of slower US economic...
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The Pound Sterling rises to 1.2770 as US ISM Manufacturing PMI for May misses estimates. UK’s stubborn service inflation keeps the uncertainty about the timing of BoE...
NZD/USD consolidates around 0.6150 with a focus on US Manufacturing PMI. China’s upbeat Manufacturing PMI data improves global economic outlook. The Fed is less-likely to start...
Dow Jones rebounds from lows near 38,000.00 after heavy backslide. Market sentiment recovering as rate cut hopes rise once again. US PCE Price Index inflation cools...
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.7% on a yearly basis in...
USD/CAD is under pressure after US PCE Inflation and Canadian GDP report. Apart from soft monthly US core PCE inflation reading, other elements matched estimates. Canada’s...
NZD/USD advances strongly to 0.6160 as the US Dollar slumps after US PCE Inflation grew as expected in April. Stubbornly elevated US inflation would dent Fed...
USD/CHF gains ground near 0.9020 ahead of US PCE Inflation report for April. The US core PCE is projected to have risen steadily. Market sentiment is...
EUR/USD holds the 1.0800 support with a focus on inflation readings on both sides of the Atlantic. Eurozone annual HICP is estimated to accelerate while US...
The Pound Sterling is down slightly against the US Dollar ahead of the US core PCE inflation data. The underlying US inflation data is expected to...
EUR/USD recovered into familiar technical levels after a dip to 1.0790. Investor appetite is testing higher after US data teased slowing growth. Friday brings a full...