USD/CAD bounces back from 1.3600 as US Dollar recovers due to diminished Fed rate-cut bets. Fed officials want to see inflation easing for months before lowering...
The Oil price extends upside as uncertainty ahead of the OPEC+ meeting neutralizes the impact of fading Fed rate-cut prospects. Easing Fed rate-cut bets fail to...
EUR/USD rises further to 1.0880 as the US Dollar extends its downside. The US Dollar weakens even though investors see the Fed returning to policy normalization...
USD/CAD edges down to 1.3600 as the US Dollar’s appeal is uncertain. US core PCE Price Index is projected to have grown steadily in April. Canada’s...
Commentary from Fed officials on interest rates and inflation outlook will be closely scrutinized this week. Fedspeak could help reverberate the market expectations for a September...
The Japanese Corporate Services Price Index, a measure of input prices paid by corporations, rose to 2.8% for the year ended in April, compared to the...
AUD/USD moves higher to 0.6650 ahead of crucial Australian economic data. Investors expect that the Fed will consider rate cuts in the last quarter of this...
The Pound Sterling moves higher as the US Dollar drops even though Fed rate-cut bets ease. Improved US economic outlook has weighed on Fed rate-cut prospects...
EUR/JPY holds strength above 170.00 as investors doubt subsequent rate cuts by the ECB. ECB policymakers remain comfortable with rate-cut expectations for June. Investors doubt that...
EUR/USD rises above 1.0850 on a thinly traded day. The Euro strengthens as investors remain uncertain over ECB reducing rates in July too. Investors expect that the...
Silver price steadies above $30.00 but is prone to more downside amid multiple headwinds. The US Dollar strengthens as Fed supports maintaining interest rates at their...
Reserve Bank of New Zealand Assistant Governor Karen Silk said early Friday that she is “concerned about near-term inflation risks.” “Bank has adjusted its modeling after...
The Pound Sterling jumps to 1.2750 as UK inflation for April remains hotter than expected. UK annual core inflation rose by 3.9%, likely impacting BoE rate-cut...
EUR/USD treads cautiously as investors shift focus to the FOMC minutes. ECB policymakers are divided about continuing the dovish trend beyond the June meeting. Fed officials...
The UK Office for National Statistics will publish the CPI report on Wednesday. United Kingdom’s headline and core annual inflation are likely to fall sharply in...
The Reserve Bank of New Zealand is widely anticipated to maintain the OCR at 5.50% The language in the policy statement is expected to remain hawkish....
EUR/USD trades back and forth around 1.0850 with eyes on FOMC minutes and preliminary Eurozone and US PMIs. Doubts are rising over the possibility that the...
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data. UK inflation is forecasted to have declined sharply in April....
USD/JPY is stuck in a tight range as the US Dollar consolidates. The US Dollar stays on the sidelines despite Fed officials maintaining hawkish guidance on...
The Pound Sterling holds strength near 1.2700 as investors turn risk-averse on firm Fed rate-cut hopes. April’s UK headline inflation is expected to return to near...