The Japanese Yen draws some support from intervention fears, albeit lacking bullish conviction. The US-Japan rate differential and a positive risk tone seem to undermine the...
Further selling pressure prompted the Greenback to retreat further and put the USD Index (DXY) on track to challenge the 104.00 support after weaker-than-expected. On another...
NZD/USD reverses an Asian session dip and turns positive for the second straight day. The USD retreats further from a multi-month peak set on Tuesday and...
The Japanese Yen struggles to capitalize on the overnight modest uptick against the USD. The BoJ’s dovish stance undermines the JPY, though intervention fears limit the...
Gold remains firm after making a marginal new high for the move up earlier. Economists at Scotiabank analyze the yellow metal’s outlook. Gold strength and a...
NZD/USD remains on the defensive near its lowest level since November amid a bullish USD. Reduced bets for a June Fed rate cut and the risk-off...
The Reserve Bank of Australia (RBA) published the Minutes of its March monetary policy meeting on Tuesday, highlighting that the Board members did not consider the...
Gold price experiences slight gains in a market bolstered by positive US manufacturing activity reports. Surge in US Treasury yields following optimistic ISM and S&P Global...
Gold price advances to a fresh record peak amid rising bets for a June Fed rate cut. The risk-on mood and a modest USD uptick do...
European Central Bank (ECB) executive board member Fabio Panetta said on Thursday, “the conditions to start easing monetary policy are materializing.” Additional quotes Restrictive policy is dampening...
In an interview with the Financial Times (FT) on Thursday, Bank of England (BoE) policymaker Jonathan Haskel warned against rushing to cut interest rates. Haskel said...
Gold price climbs to $2,190 as the US Dollar drops with eyes on US core PCE inflation data. The Fed remains confident that inflation is broadly...
Economists at ING are fearful the Mexican Peso (MXN) is starting to become a little too strong. Peso to hold gains despite start of Banxico easing...
Gold price struggles to gain any meaningful traction, though the downside seems cushioned. The Fed projected three rate cuts in 2024 undermines the USD and continues...
The Japanese Yen (JPY) weakened on the same day as the BoJ’s rate hike. Economists at Standard Chartered note that the BoJ may draw confidence from...
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said on Friday that he expected just one interest rate cut this year instead of the two...
GBP/USD remains weak. Economists at Scotiabank analyze the pair’s outlook. Price action retains a soft look Sterling remains soft, with market sentiment still quite sour after...
The depreciation of the US Dollar (USD) in response to the FOMC press conference by Fed Chair Powell has not lasted long. Economists at MUFG Bank...
Gold rose to a new record high of $2,200 after the Fed meeting. Strategists at Commerzbank analyze the yellow metal’s outlook. The rally on the Gold...
The Federal Reserve (Fed) left policy rates unchanged, as expected. Economists at Wells Fargo analyze the Fed’s outlook. An announcement to slow the pace of quantitative...