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...
The BoE vote that revealed the two voters for a hike previously abandoning that stance has fuelled renewed GBP selling. Economists at MUFG Bank analyze Pound’s...
The US Dollar (USD) lost ground after the Fed decision. Economists at Commerzbank analyze Greenback’s outlook. A rate cut for 2024 could still fall by the...
Banxico announced its latest rate decision on Thursday, March 21, when it decided to cut rates for the first time since 2021. USD/MXN barely moved on...
The Fed is aiming for three rate cuts, in the view of economists at Rabobank. The Fed will halt its cutting cycle during the course of...
Norges Bank maintained the policy rate as expected but we got a slightly hawkish surprise. Economists at ING analyze Norwegian Krone’s (NOK) outlook after the central...
Gold price fails to hold all-time highs around $2,220 as the US Dollar strengthens. The US Dollar capitalizes on the strong US economic outlook. The Fed’s...
Thursday’s Bank of England meeting failed to provide the Pound Sterling (GBP) with another boost. Economists at Commerzbank analyze GBP outlook. Disenchanting day for the Pound...