AUD/USD stands still with the market awaiting the US Core PCE inflation figures and personal spending insights. Forecasts suggest a slight slowdown in Core PCE inflation...
The US equity market continued its upward trend, with the S&P500 rising 10.8% in the first quarter, exceeding the historical average gain for a full calendar...
The US Dollar still trades near the fresh high of March. Traders are enjoying a bank holiday despite the release of US economic data. The US...
USD/JPY dips following February’s Core PCE data, indicating a gradual cooling of inflation but concerns linger. Fed officials maintain a cautious outlook on rate cuts, awaiting...
EUR/USD continues to lose ground on dovish remarks from ECB members. German Retail Sales MoM and YoY declined by 1.9% and 2.7%, respectively, in February. Investors...
Gold price appreciates on market bias towards rate cuts possibility by major central banks in 2024. Investors expect three rate cuts from the US Federal Reserve...
USD/JPY struggles as BoJ’s cautious approach to keep monetary conditions accommodative. Japanese CPI (YoY) rose 2.6% in March, from the previous reading of a 2.5% rise....
USD/CAD holds its position after recovering daily losses on Friday. US Dollar strengthens on hawkish sentiment surrounding the Fed maintaining higher policy rates. Canadian Dollar received...
Australian Dollar remains tepid as market bias leans towards RBA adopting a dovish stance. Australia’s central bank may consider cutting interest rates in the second half...
Speaking at the annual Boao Forum on Friday, Xu Zhibin, the deputy head of the State Administration of Foreign Exchange (SAFE), said that he “will steadily...
NZD/USD edges lower to 0.5970 amid stronger USD and dovish comments from RBNZ. The US economy grew faster than expected in the fourth quarter (Q4). RBNZ’s...
USD/JPY trades on a stronger note around the mid-151.00s on Friday. Japan’s Kishida said it was appropriate for the BoJ to maintain easy monetary policy. Fed’s...
GBP/USD trades on a flat note near 1.2622 in Friday’s early Asian session. The UK GDP contracted by 0.3% QoQ in Q4 2023, unchanged from preliminary...
USD/JPY hovers at 151.28, with traders wary of potential Japanese market intervention to support the Yen. US Q4 GDP growth surpasses expectations at 3.4%, while jobless...
The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, March 29...
Indian Rupee loses ground on Thursday on the firmer USD and the Fed governor’s hawkish comments. The INR’s downside might be limited by the potential intervention...
Australian Dollar turns tepid amid a risk aversion sentiment on Thursday. Australia’s Retail Sales (MoM) increased by 0.3%, against the expected 0.4% and 1.1% prior. US...
EUR/USD extends its losing streak on dovish remarks from ECB officials. US GDP Annualized is expected to be consistent at a 3.2% increase in Q4. German...
ASX 200 Index extends its gains on expectations of RBA deducting interest rates in the second half of 2024. Australia’s Consumer Inflation Expectations increased by 4.3%...
Australia’s Retail Sales, a measure of the country’s consumer spending, dropped 0.3% MoM in February from the previous reading of a 1.1% rise, according to the...