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...
Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, rose to 2.7% on a yearly basis in March from...
GBP/JPY advances to 196.00 amid uncertainty over BoJ’s interest rate outlook. The BoJ sees inflation rising in the coming years but has projected weak economic growth....
Gold price lacks any firm intraday direction and is influenced by a combination of diverging forces. The weaker US GDP print and a rise in US...
The Japanese Yen weakens across the board after BoJ announced its policy decision. The lack of action by Japanese authorities and softer Tokyo CPI also exert...
Japan’s Tokyo CPI inflation fell below forecasts early Friday. US data confounded rate-hungry investors on Thursday. Markets await BoJ rate call, US PCE Price Index figures....