Share: Gold price falls back $2,065 as the impact of deep Fed rate cut hopes start fading away. The Fed is expected to start cutting interest rates from...
Share: USD/CAD rebounds to near 1.3260, following footprints of the US Dollar. The Fed may start reducing interest rates from March 2024. Lower oil prices due...
Share: Pound Sterling recovers swiftly as investors’ risk-appetite revives. Deepening UK recession fears could dent the Pound Sterling’s outlook. Persistent Fed rate-cut bets may continue to...
Share: USD/CAD discovers buying interest near 1.3200 despite a sell-off in the US Dollar. The Canadian Dollar has weakened due to a significant fall in the...
Share: Pound Sterling advances above 1.2800 against the US Dollar on upbeat market sentiment. High inflation and recession fears in the UK may complicate the idea...
Share: Gold price is set to extend upside as the Fed is expected to cut rates sooner than anticipated. The core PCE price index declined more than...
Share: EUR/USD hits 18-week high on Friday. Pre-holiday markets are producing some rough chop heading towards the Friday close. Slowing US inflation is pushing down the...
Share: The US Dollar is rebounding from Friday’s selloff as investors gear up for holiday. The Loonie briefly rallied to a fresh 19-week high as rate-hungry...
Share: Gold pulls back after testing $2,070 ahead of Friday’s pre-holiday close. Rising investor bets of faster, more frequent Fed rate cuts squeeze Gold higher. US...
Share: Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, rose 2.6% on a yearly basis in November, the US...
Share: Silver price recovers swiftly after softer-than-projected US core PCE inflation report. Sost underlying inflation data has boosted Fed’s rate cut bets. The US Durable Goods...
Share: Pound Sterling strengthens as strong UK retail sales data has deepened persistent inflation fears. Fears of a technical recession have escalated as UK Q3 GDP was...
Share: Gold price rises sharply to near $2,060 after soft core PCE inflation report for November. Soft inflation report has boosted Fed’s rate cut expectations. The US Dollar...
Share: As 2023 is coming to an end, it is time to take a look at 2024. Strategists at Rabobank sketch their baseline scenario for the...
Share: USD/JPY sees late rally, jumps to 142.60. The US Dollar is paring back the day’s losses as the Yen declines. US inflation continues to erode...
Share: The GBP/USD is holding on the high side after US PCE inflation settled further on Friday. UK Retail Sales grew in November, Pound Sterling bidders...
Share: The Mexican Peso hit a 15-week high against the US Dollar on Friday. Mexico’s unadjusted Trade Balance hit a nine-month high in November. Friday marks...
Share: The Euro appreciated further on US Dollar weakness to test resistance at 1.1010. The US Dollar dropped again on Thursday, hammered by downbeat US...
Share: The US Dollar Index (DXY) hit a new low not seen since July on Thursday. Economists at MUFG Bank analyze Greenback’s outlook ahead of US...
Share: Mexican Peso propped up by recovering market sentiment. Mexico Trade Balance due Friday to be overshadowed by US PCE Price Index inflation. Surprise drop in...