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...