GBP/USD remains under pressure around 1.2614 following hawkish comments from Fed’s official on Thursday. Fed’s Waller said there is no rush to cut the rate and...
GBP/USD edges up to 1.2632, navigating through thin liquidity and a light economic calendar on both sides of the Atlantic. US Durable Goods Orders exceed expectations,...
The US Dollar snaps this week’s losing streak and claws back. Traders are sitting on their hands ahead of GDP and PCE inflation data later this...
Pound Sterling drops on firm BoE rate cut projections The Pound Sterling (GBP) falls to near 1.2600 in Wednesday’s early American session. The broader appeal remains weak as investors...
Indian Rupee recovers its recent losses despite the firmer US Dollar. The robust Indian economic outlook could strengthen the INR amid slowing global economy and multiple...
Australia’s monthly Consumer Price Index (CPI) rises 3.4% in the year to February 2024, compared to the annual increase of 3.4% seen in January, the Australian Bureau of Statistics reported...
The US Dollar retreats mildly on Tuesday for a second day in a row. Traders are looking forward to the Durable Goods release on Tuesday. The...
USD/CHF faced challenges due to lower US Treasury yields on Tuesday. Fed’s member Raphael Bostic expressed his expectation for only one rate cut this year. Swiss...
Australian Dollar moves back to the positive zone amid tepid US Dollar. Australian equity market experiences gains; supporting the Aussie Dollar. Bloomberg survey of economists finds the consensus...
The Bank of Japan’s (BoJ) Research and Statistics Department released the following four measures of underlying inflation in line with the monthly release of the official...
USD/CAD faced challenges due to lower US Treasury yields on Tuesday. The lower WTI price could contribute to pressure on the Canadian Dollar. Greenback could struggle...
Indian Rupee gains traction on Tuesday, backed by the softer US Dollar. Higher oil prices amid the rising tensions in the Middle East and Eastern Europe...
ASX 200 Index continues its winning streak that began on March 15. Australian equity market gains grounds despite a lower Wall Street overnight. Adam Neumann made...
NZD/USD hovers around 0.6000 in Tuesday’s early Asian session. The US February New Home Sales came in at -0.3% MoM vs. 1.7% gain in January, weaker...
The US Dollar retreats a touch on Monday after failing to break Friday’s high. Traders are looking forward to a very choppy trading week, with a...
Australian Dollar rises on stronger Chinese Yuan and higher ASX 200 on Monday. Australia’s government has committed to backing a minimum wage increase aligned with inflation...
NZD/USD gains ground around 0.5995 amid the softer USD. Fed’s Bostic said he expected just one rate cut this year due to persistent inflation and robust...
USD/CAD attempts to continue its winning streak on Monday. Fed member Bostic forecasted only one interest rate cut instead of his earlier projection of two rate...
EUR/USD gains ground around 1.0816 on the softer USD. FOMC’s Chair Powell said the recent elevated CPI inflation data hadn’t changed the overall view that inflation...
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...