Share: NZD/USD weakens as RBNZ’s inflation report suggests an economic slowdown. Kiwi’s Business Services Index fell from the previous reading of 50.7 to 48.9. Downbeat Chinese...
Share: USD/JPY extends gains around 151.70 on the higher US Treasury bond yield. University of Michigan’s Consumer Sentiment Index dropped, but inflation expectations surged in November....
Share: GBP/USD strengthens ahead of inflation data from both economies. UK GDP data showed better figures than expected, suggesting to avoid a recession in 2023. Fed...
Share: Reserve Bank of Australia Assistant Governor (Economic) Marion Kohler spoke at a conference on the outlook for the Australian economy on Monday. Key quotes “Decline...
Share: Australian Dollar could continue its downward trajectory. Australia’s central bank adopted a dovish stance in their recent meeting. US Dollar seems lukewarm, despite the positive tone...
Share: EUR/USD gains traction for the second consecutive day Fed Chair Powell said that if it’s appropriate to tighten policy further, the central bank will not...
Share: Federal Reserve (Fed) Bank of San Francisco President Mary Daly spoke on Friday with CNBC that she is not ready to say yet whether the...
Share: S&P 500 rises 1.54%, closing at 4,414.57, marking its seventh consecutive week of gains. Nasdaq 100 and Dow Jones Industrial also post gains, with technology...
Share: UoM Consumer Confidence Index declined further in November. US Dollar Index stays in daily range bear 106.00 after the data. Consumer sentiment in the US...
Share: The Greenback jumps higher as inflation is expected to pick up. Traders got caught by surprise as Powell delivered surprisingly hawkish remarks. The US Dollar...
Share: EUR/GBP trims intraday losses and continues the winning streak. UK GDP showed a consistent increase of 0.6% in Q3, surpassing the 0.5% expectations. Pound Sterling...
Share: Indian Rupee gains traction as RBI’s intervention limits the losses. India’s economy is estimated to grow 6.5% in this fiscal year. Investors will monitor the...
Share: USD/CAD snaps the four-day winning streak on Friday. Federal Reserve (Fed) Chair Powell said they are still not sure that rates are high enough to...
Share: Gold prices could struggle due to the improved US Treasury yields. Fed Chair Powell’s hawkish remarks lift the US Dollar. Israel agrees to daily four-hour...
Share: USD/JPY trades in positive territory for the fifth consecutive day on Friday. Federal Reserve (Fed) Chair Powell said they are not confident that they have...
Share: The Greenback trades in the red after a rise in jobless numbers. Traders will be looking for clues and guidance from Fed Chairman Powell. The...
Share: NZD/USD trades higher as the US Dollar takes a breather. Downbeat China’s CPI had no impact on the Kiwi pair. RBNZ’s inflation report contributed to...
Share: EUR/USD moves sideways in the absence of clear directional momentum. Euro lies in positive territory after mixed Eurozone data on Wednesday. Downbeat US bond yields...
Share: Gold price attempts to snap the losses on the subdued Greenback. Gold experiences challenges as Fed officials push back against the idea of cutting interest...
Share: The Greenback erases intraday gains and sees its recovery attempt stalling. Traders will be looking for clues and guidance from Fed Chairman Powell. The US Dollar...