Crypto markets have taken a brief reprieve after adding more than 30% to their collective capitalization since the start of the year. Bellwether crypto bitcoin (BTC)...
AUD/NZD is expected to extend recovery above 1.0950 despite firmer NZ Trade Balance data. A higher NZ labor cost index will escalate inflation projections further. Weaker...
US PCE Price Index Overview Friday’s US economic docket highlights the release of the Core Personal Consumption Expenditure (PCE). Price Index, scheduled later during the early...
AUD/USD struggles to gain any meaningful traction and remains confined in a range. A combination of factors revives the USD demand and acts as a headwind...
USD/JPY maintains its offered tone and reacts little to the release of the US PC Price Index. Bets on smaller rate hikes by the Fed act...
Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, declined to 5% on an annual basis in December from 5.5% in...
The UK Chancellor of the Exchequer Jeremy Hunt said on Friday that the “best tax cut right now is a cut in inflation.” Additional comments Understand...
USD/JPY meets with a fresh supply on Friday and is pressured by a combination of factors. Strong Tokyo inflation fuels speculations about a hawkish shift by...
USD/CAD regains some positive traction on Friday amid a modest pickup in the USD demand. Thursday’s upbeat US macro data fuels hawkish Fed expectations and benefits...
USD/JPY retreats towards intraday low, reverses the previous day’s corrective bounce. BoJ extends five-year loans against collateral to financial institutions to defend YCC as JGB rallied...
Investors have turned risk-averse ahead of the US PCE Price Index data. The formation of an Ascending Triangle indicates sheer volatility contraction. The RSI (14) has...
Asian stocks are trading almost flat as investors await US PCE price index data for further guidance. Japanese stocks have failed to display a power-packed action...
EUR/USD takes offers to refresh intraday low, extending the previous day’s pullback from nine-month high. US data flashed mixed signals but rebound in Treasury bond yields...
USD/CAD remains pressured around 10-week low, down for the second consecutive day. US Dollar fades post-GDP rebound amid mixed details. Oil price stays firmer in hopes...
GBP/JPY has dropped firmly to near 161.00 amid a higher-than-anticipated Tokyo inflation report. Annual headline Tokyo inflation has landed at 4.4% while core CPI is released...
USD/JPY takes offers to refresh intraday low, fades bounce off weekly bottom. Firmer prints of Tokyo CPI for January renew hawkish concerns over BoJ and weigh...
EUR/USD is looking to extend its recovery move to near 1.0900 after a minor correction. Further interest rate hikes by the Fed might slow down the...
Gold price is attempting to surpass $1,940.00 as US yields drop further. The USD Index to remain weak this year as attention is turning toward policy...
USD/CHF has picked up demand after dropping below 0.9220 as volatility might trigger ahead of US GDP data. Tuesday’s upbeat preliminary US S&P PMI data failed...
AUD/USD is aiming to print a fresh five-month high above 0.7060 ahead of Australian inflation. The USD Index has found an intermediate cushion around 101.50, however,...