The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (Core PCE), will be published on Friday, December 23 at 13:30 GMT and as we get...
What you need to take care of on Wednesday, December 21: The US Dollar plunged early on Tuesday, recovering ground unevenly throughout the rest of the...
USD/CAD struggles to defend bears during the first daily loss in three. Oil prices initially cheered hopes of China stimulus, softer US Dollar before latest consolidation....
Gold price bounces off short-term key support but struggles to gain upside momentum. Downbeat United States Purchasing Managers’ Index favored gold buyers. Hawkish Federal Reserve talk...
AUS/USD has advanced to near 0.6735 after recovery as the risk-on profile is regaining traction. What dampened the market mood post-Fed Powell’s speech was the lack...
EUR/USD has slipped near 1.0650 as the risk-off mood has gained significant traction. Higher interest rate peak guidance and no absolute commentary on recession by the...
GBP/USD has slipped below 1.2400 amid a decent recovery in the US Dollar Index. Hawkish Fed guidance is supporting the US Dollar. The BOE is expected...
AUD/JPY picks up bids to print the first daily gain in three after mixed data from Australia. Australia’s employment report for November, Consumer Inflation Expectations for...
What you need to take care of on Thursday, December 15: The American Dollar remains on the back foot after the US Federal Reserve announced its...
AUD/USD reverses modest intraday losses, though lacks follow-through buying. The risk-on mood lends support to the Aussie; A modest USD uptick caps gains. Traders now look...
GBP/USD sees around six-month high after UK inflation data. UK CPI retreats from 41-year high to 10.7% YoY in November, firmer RPI defends bulls. The cautious...
Asian equities remain mildly bid as easing fears of higher rates jostle with challenges to sentiment. US inflation raised hopes of Fed’s pivot in early 2023...
AUD/USD has slipped further to near 0.6820 ahead of Fed’s policy meeting. The FOMC is expected to hike its interest rate by 50 bps on a...
Reserve Bank of New Zealand (RBNZ) Deputy Governor Christian Hawkesby said on Wednesday that “we need to do even more to lower inflation. Additional quotes The...
EUR/GBP has crossed the 0.8600 hurdle as weak UK Employment data has dampened Pound Sterling’s demand. Higher households’ earnings in the UK economy are expected to...
The S&P 500, the Nasdaq 100, and the Dow Jones remain positive. Softer than expected, US CPI data augmented speculations that the Fed will be less...
The US Dollar plummets following the release of US inflation data. The Mexican Peso has the best day in months versus the US Dollar. USD/MXN back...
Gold price regains strong positive traction on Tuesday and spikes to a fresh multi-month high. The intraday move-up picks up pace following the release of softer...
GBP/USD edges higher on Friday and draws support from a combination of factors. Stronger UK wage growth data underpins the British Pound and acts as a...
USD/JPY remains sidelined after rising to an eight-day high. Treasury bond yields snap four-day uptrend, US dollar stays depressed. Mixed concerns surrounding US CPI, challenges for...