AUD/USD moves higher to 0.6620 amid cheerful market mood and a decline in the US Dollar. Stubborn US PPI data fails to boost the US Dollar’s...
USD/JPY rises to 156.50 with eyes on crucial US inflation readings. Investors expect that the fed will start lowering interest rates from September. Japan’s Q1 GDP...
The Pound Sterling remains on the sidelines around 1.2560 after weak UK Employment data. UK employers laid off workers for the third time in a row...
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...
Canadian Dollar middles as markets focus on Fed rate cuts. Canada issued far fewer building permits than expected in March. Markets continue to bet on two...
EUR/USD moves higher above 1.0780 as the appeal for risky assets improves. The ECB is expected to start reducing interest rates in June. Investors keenly await...
The Pound Sterling holds gains above 1.2500 inspired by strong UK Q1 GDP data. The UK economy expanded by 0.6%, moving out of the recession seen...
New Zealand’s (NZ) inflation expectations extended their decline on a 12-month and a two-year time frame for the second quarter of 2024, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions...
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...
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...
Chicago Federal Reserve (Fed) President Austan D. Goolsbee added his voice to the procession of Fed officials commenting on interest rates and inflation on Friday. Chicago...
Further comments from Chicago Federal Reserve (Fed) President Austan Goolsbee highlighted the Fed’s ongoing battle with stubborn inflation that refuses to cool off to the US...
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin hit newswires late Friday reaffirming a “patient” approach from the Fed will eventually reduce inflation to the...
Silver price holds gains above $28.00 amid firm speculation for Fed rate cuts. Steadily cooling US labor market conditions keep the US Dollar’s upside limited. Investors...
`USD/CAD drops sharply to 1.3630 after strong Canadian Employment data. Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed...
Mary C. Daly, President of the Federal Reserve (Fed) Bank of San Francisco, highlighted the uncertainty facing the Fed while participating in a fireside chat at...
S&P 500 withstood the rising yields (I warned yesterday these were to turn up, and they still do), and reacted with relief to the 10y Treasury...
EUR/USD comes down slightly to 1.0740 as the US Dollar rises amid a light US economic calendar. The ECB is expected to opt for cutting interest...
USD/CAD rises to 1.3750, capitalized on the US Dollar’s recovery. Fed Kashkari sees progress in disinflation stalling due to the strong housing market. Investors await the...
EUR/USD consolidates around 1.0770 after correcting from 1.0800 as investors expect the ECB to reduce interest rates from June. ECB Stournaras’s projection of three rate cuts...