Mexican Peso rally pauses, influenced by mixed inflation data and Banxico rate cut. Core CPI deceleration backs Banxico move, yet annual inflation worries linger. USD/MXN’s next...
Canadian Dollar gives away gains with investors increasingly cautious ahead of US CPI release. From a wider perspective, CAD continues searching for direction within previous levels....
Sterling’s recovery falters at the 1.6680-1.6700 resistance area. An increasing risk aversion ahead of the US CPI release is supporting the USD. The broader trend...
AUD/USD climbs to 0.6635 as US Dollar dips amid upbeat market mood. US yields fell as Fed Goolsbee warns about risks to labor market if interest...
Gold price jumps above $2,360 on fresh escalation in Israel-Hamas tensions. Fed’s Goolsbee warns of upside risks to unemployment if interest rates remain higher for longer....
Canadian Dollar picks up with the USD losing ground in a risk-on session. Investors are looking for the sidelines ahead of Wednesday’s US CPI and...
EUR/USD recovers to 1.0850 as market sentiment turns cheerful. The ECB is expected to keep its Main Refinancing Operations Rate unchanged at 4.5% on Thursday. The...
Gold price hovers near fresh highs around $2,350 as the US Dollar remains sideways. US yields rally as traders pare Fed rate cut expectations. US inflation...
The Pound Sterling is slightly under pressure on firm BoE rate cut expectations. Diminished speculation for the Fed pivoting to rate cuts in June provides support...
NZD/USD is stuck in a tight range around 0.6000 as investors are sidelined ahead of the RBNZ policy decision. The market mood turns cautious as robust...
EUR/USD edges lower on Monday as the upbeat US NFP continues to underpin the USD. A positive risk tone might cap the safe-haven buck and lend...
The Pound Sterling drops from 1.2680 as deepening Middle East tensions hurt risk-sensitive currencies. A sharp dip in UK inflation expectations improves BoE’s early rate cut hopes,...
The Pound Sterling capitalizes on risk-on mood and rises to 1.2660. UK’s upbeat Manufacturing PMI data and increasing home prices suggest that the recession in the...
USD/JPY hovers near historic highs around 152.00 ahead of Fed Powell’s speech. The US ADP Employment report for March has indicated that private labor demand remains...
Gold price rises further to $2,290 as investors ignore higher bond yields. Fed policymakers see no urgency for rate cuts. Investors await the US ADP Employment...
Eurostat is set to release key Europe inflation data on Wednesday. Headline annual inflation is seen holding steady at 2.6% in March. The European Central Bank...
The Pound Sterling rebounds, although easing UK inflation keeps its broader appeal weak. Upbeat S&P Global/CIPS UK Manufacturing PMI supported the Pound Sterling. UK’s shop price...
Gold price corrects slightly after refreshing a new all-time high at $2,265 ahead of US data-packed week. Jerome Powell sees the pace of decline in February’s...
USD/CAD finds cushion near 1.3500 as Oil prices drop on tighter supply concerns. The US Dollar moves higher while risk-sensitive currencies edge down amid uncertainty ahead...
USD/CAD drops to over a one-week low and is pressured by a combination of factors. Bullish Oil prices underpin the Loonie and weigh on the pair...