USD/CAD drops to 1.3650 on multiple headwinds. Firm speculation for Fed rate cuts in September has uplifted the market mood. A sharp recovery in the Oil...
EUR/USD rises to 1.0790 as the US Dollar edges down due to weak US data. ECB Stournaras sees the central bank reducing interest rates three times this year....
Silver price plunges to $26 despite a sell-off in the US Dollar and bond yields. The US NFP report for April exhibited weak labor demand and...
EUR/USD trades sideways above 1.0700 as firm ECB rate cut prospects for June offset the Fed’s less-hawkish guidance. The ECB is expected to pivot to interest...
Gold price hovers below $2,300 as uncertainty ahead of the Fed’s policy announcement key appeal of the US Dollar and bond yields firm. The Fed is expected to...
EUR/USD finds a temporary support near 1.0650 though dismal market sentiment keeps the downside bias intact. Uncertainty ahead of the Fed’s policy has dampened the appeal...
The Pound Sterling drops below 1.2500 as the US Dollar strengthens ahead of the announcement of the latest Fed policy decision. In a light economic calendar...
According to US Treasury Secretary Janet Yellen, inflation remains high but is assuring markets that data continues to point towards a recovery on US price growth...
The Pound Sterling falls to 1.2530 as investors turn cautious ahead of the Fed’s policy announcement. Investors will also focus on US Manufacturing PMI and labor...
EUR/USD recovers sharply from below 1.0700 after upbeat Eurozone Q1 GDP, stubborn inflation data. Strong Eurozone data has raised concerns over ECB rate cuts from June. The US...
EUR/USD struggles to hold gains above 1.0700 amid uncertainty ahead of key economic events. The ECB seems poised to start reducing key borrowing rates in June....
The Pound Sterling rises to a two-week high near 1.2550 amid an improved market mood. Investors see the BoE pivoting to interest rate cuts in the...
The Japanese Yen dives to a nearly 40-year low amid relatively thin liquidity on Monday. The divergent BoJ-Fed monetary policy and a positive risk tone weigh...
Dow Jones determined to wrap up Friday in the green despite stubborn inflation. US PCE inflation remained higher than expected. Hopes for rate cuts now lean...
Canadian Dollar gets pushed around as investors focus elsewhere. Canada absent from economic calendar until next week. US PCE inflation remains higher than expected, weighing on...
USD/CAD trades sideways ahead of the US core PCE Inflation that will influence Fed rate cut expectations. The US Dollar remains on backfoot as weak US...
GBP/USD Forecast: Pound Sterling could face strong resistance at 1.2560 GBP/USD closed the third consecutive day in positive territory on Thursday and climbed to its highest...
The Pound Sterling comes under pressure as the US Dollar rebounds due to hot US core PCE Price Index data US annual inflation grew at a higher pace...
Gold price faces selling pressure near $2,350 as US Dollar rebounds. Higher US core PCE inflation data has prompted the US Dollar’s recovery. Market expectations for the...
Silver price consolidates around $27.60 as traders reprice Fed rate cut hopes. Sticky US inflation will feed expectations for Fed delaying rate cuts. Investors see the...