The Pound Sterling moves higher to 1.2480 as investors see the BoE delaying rate cuts. UK’s stable wage growth is limiting the slowdown in price pressures....
Silver price jumps higher to $28.60, driven by worsening geopolitical tensions. Israel’s response to Iran’s attack will escalate fears of Middle East tensions spreading beyond Gaza....
NZD/USD moves higher to 0.5900 as traders see the RBNZ reducing key interest rates from November. NZ Q1 inflation grew by 0.6% as expected. Fed Powell...
Oil prices edge down to $85 as Fed Powell’s hawkish guidance cast doubts over global demand outlook. The US warns to levy fresh sanctions on Iran...
The March UK CPI report will be released by the Office for National Statistics on Wednesday. United Kingdom’s headline and core annual inflation are set to...
The Pound Sterling stays on the backfoot as the UK ONS reported weaker-than-expected labor market data. Employers laid off workers in February, exhibiting the negative impact of...
Gold price falls as receding Fed rate cut hopes limit demand. Strong US Retail Sales fuel uncertainty over the timing of the Fed interest-rate cuts. Worsening...
USD/CAD attracts some buyers for the third straight day and climbs to a fresh YTD peak. Reduced Fed rate cut bets, along with geopolitical risks, benefit...
Silver price bounces back to $28.50 even though investors expect Middle East tensions won’t escalate further. US bond yields rally amid uncertainty over Fed rate cut...
Gold price dips from fresh highs near $2,430 as investors don’t see Middle East tensions escalating further. US bond yields soar as the Fed seems to...
EUR/USD slumps to 1.0660 as ECB rate cut bets for June strengthen. The US Dollar strengthens as the Fed is anticipated to start reducing interest rates...
Boston Federal Reserve (Fed) President Susan Collins said on Friday, she sees ‘in the range of two’ rate cuts for 2024. Additional quotes Still expecting inflation...
USD/CAD jumps to 1.3735 as the Canadian Dollar weakens on dismal market sentiment. Investors turn risk-averse as trades priced out Fed rate cut hopes for June....
Silver price rallies to $29, boosted by safe-haven demand due to geopolitical tensions. A decline in US yields has reinforced demand for non-yielding assets. The US...
GBP/USD plunges below 1.2500 as faded Fed rate cut hopes strengthen the US Dollar. The market sentiment is risk-off as the Fed is expected to delay...
The findings from the European Central Bank’s (ECB) Survey of Professional Forecasters (SPF) showed on Friday that all inflation forecasts across the time horizons are left...
Canadian Dollar has pared losses on Thursday and is practically flat on the daily chart. Mixed US PPI figures and dovish Fed comments have eased risk...
The Pound Sterling remains on backfoot amid dismal market sentiment. UK monthly GDP data for February will provide cues about the current state of the economy....
Gold price rebounds due to increasing geopolitical tensions and physical Gold buying by global central banks. Investors expect that the Fed will keep interest rates at current levels...
GBP/USD Forecast: Pound Sterling rebounds but bearish bias remains intact GBP/USD came under heavy bearish pressure and touched its lowest level in two months at 1.2520...