The Canadian Dollar fell across the board on Friday. Canada saw a higher-then-expected GDP print from July. US PCE inflation data dominated Friday’s headlines. The Canadian...
EUR/USD reverses intraday losses on softer-than-expected US PCE inflation report for August. Flash French CPI (EU norm) and Spain’s HICP fell below 2% year-on-year in September....
What just happened? August’s US Personal Consumption Expenditure Price Index (PCE), or PCEPI as the US Federal Reserve (Fed) refers to it, clocked in at an...
Consumer confidence in the US improved by more than anticipated in September. UoM survey showed five-year inflation expectation held steady at 3.1%. Consumer confidence in the US...
USD/JPY falls further to 142.50 on multiple headwinds. Japan Ishiba’s victory in PM elections has strengthened the Japanese Yen. Cooling US inflationary pressures have weighed on the...
USD/CAD remains below 1.3500 after the release of the US PCE inflation and the Canadian GDP data. The US PCE inflation decelerated at a faster-than-expected pace...
Inflation in the US, as measured by the headline Personal Consumption Expenditures (PCE) Price Index, rose by 2.2% year-over-year in August, according to a report from the...
The Pound Sterling faces pressure near 1.3400 against the US Dollar ahead of the US PCE inflation data for August. Market expectations for the Fed cutting...
USD/CAD attracts some buyers on Friday in the wake of a modest USD strength. Bearish Oil prices undermine the Loonie and further lend support to the...
Gold price climbed to a fresh all-time peak on Thursday amid dovish Fed expectations. A modest USD uptick caps gains amid the risk-on mood and overbought...
NZD/USD drifts lower amid a modest USD uptick, though the downside seems limited. The optimism over additional stimulus from China should act as a tailwind for...
The Greenback navigated quite a bearish session on Thursday, giving away a big chunk of Wednesday’s gains despite higher yields and amidst a persistently firm sentiment...
GBP/USD turned bearish and dropped back below 1.34 on Wednesday. Markets pared back their recent tilt into a Pound Sterling bull run. The US Dollar recovered...
The Greenback staged a robust comeback after flirting with 14-month lows, prompting quite a meaningful knee-jerk in the risk complex ahead of key data releases and...
The Pound Sterling faces pressure near 1.3400 against the US Dollar, while the latter’s outlook remains vulnerble. BoE Governor Andrew Bailey sees a gradual decline in...
AUD/JPY attracts some follow-through buyers and reacts little to Australian inflation figures. The headline CPI eased to 2.7% YoY in August, while the core CPI remains...
Australia’s monthly Consumer Price Index (CPI) declined by 2.7% in the year to August, compared to a 3.5% increase seen in July, according to the data published by...
The US Dollar (USD) is firmer overall on the session but has nudged off its earlier highs against its major currency peers, Scotiabank’s Chief FX Strategist...
The Pound Sterling holds the two-week low support at 1.2845 against the US Dollar after the US core PCE Price index data release. The BoE is expected...
The US Dollar drops as steady US core PCE inflation growth appears insufficient to impact firm Fed rate-cut bets. The Fed is widely anticipated to leave...