Share: Gold price faces an intense sell-off as Fed Kashkari said he sees one more interest rate hike this year. Strength in the US economy due...
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Share: Pound Sterling advances to 1.2200 as the risk appetite of the market participants improved. The UK economy is likely to continue to face the wrath...
Share: The Federal Statistical Office of Germany will publish the German inflation data on Thursday. Headline CPI is set to rise 4.6% YoY in September, down...
Share: EUR/GBP corrects significantly to near 0.8630 ahead of the German HICP data for September. Germany’s annual HICP inflation is seen softening despite rising energy prices....
Share: The AUD/USD tests into new lows for the year, looking for a rebound from 0.6350. Upbeat US data is sending the Greenback higher, durable goods...
Share: The USD/CAD couldn’t hold onto highs above 1.3540, falling back to end Wednesday flat. The US Dollar is broadly higher across the markets, but the...
Share: The Dow Jones Industrial Average lost 1.14% on Tuesday. DJI had already shed 1.89% last week as part of pullback that began in August. US...
Share: Gold price faces an intense sell-off as Fed’s hawkish stance strengthens the US Dollar. The US economy has remained resilient on the grounds of a...
Share: Pound Sterling eyes more downside on jittery market mood. A sudden policy-tightening pause by the BoE highlights a poor economic outlook. Investors await the UK’s...
Share: During the Asian session, Australia will release the Monthly Consumer Price Index, and Japan the Leading Economic Index. The Bank of Japan will publish the...
Share: The USD/CAD had cleared the 1.3500 handle in Tuesday trading. The oil-backed Loonie is unable to find gains as the DXY captures the broader market....
Share: The NZD/USD is drifting around 0.5950 for Tuesday after recovering from a knockback to 0.5935. The economic calendar is notably Kiwi-light this week. US GDP...
Share: The EUR/USD is drooping into new six-month lows for Tuesday. The Euro initially rallied to a session high of 1.0610 before running out of steam,...
Share: Pound Sterling faces an intense sell-off as the UK economy is exposed to a possible recession. The BoE seems done with hiking interest rates as...
Share: Gold price remains under pressure after Fed meeting. Economists at Commerzbank analyze the yellow metal’s outlook. Upside potential for XAU/USD in the medium term The...
Share: Gold price remains under pressure as the US economy remains resilient despite higher interest rates. The US economy is comfortably absorbing the consequences of the...
Share: Pound Sterling may continue its three-day losing spell further amid uncertainty over the economic outlook. S&P Global reported that UK Services PMI contracted for the...
Share: The Fed left key interest rates unchanged. The dot plot has a more hawkish tilt, economists at Société Générale report. Option for hike retained through...
Share: Pound Sterling struggles to extend recovery as the BoE warns risk of a potential slowdown. The UK economy is seen slowing down as firms restrict...