Share: Mexican Peso aims to recover further as Mexico’s central bank doesn’t foresee rate cuts. Mexico’s economic docket will report its Fiscal Balance on Friday. USD/MXN...
Share: Gold price attracts bids below $1,860.00 after a mild correction in the US Dollar. The US economy remains resilient due to falling inflation, stable labor...
Share: The Core Personal Consumption Expenditures Price Index is forecast to rise 0.2% MoM and 3.9% YoY in August. The Federal Reserve’s Summary of Economic Projections...
Share: Gold price languishes near its lowest level since March 10 touched on Thursday. The USD retreats further from a 10-month high and lends support to...
Share: Australian Dollar recovers from the 10-month low after upbeat Aussie data. Australia’s monthly Private Sector Credit rose 0.4% compared to the expected 0.3%. US Dollar...
Share: The Mexican Peso hovers around 17.60s on hawkish Bank of Mexico hold. Banxico upward revised its inflation forecasts in 2024 from 3.57% to 3.875%. The...
Share: Loonie is tracking crude barrel prices, USD closely. Canada GDP is expected to see sluggish growth. Canadian inflation remains sticky, keeping the BoC on its...
Share: Gold price faces an intense sell-off as Fed Kashkari said he sees one more interest rate hike this year. Strength in the US economy due...
Share: Pound Sterling advances to 1.2200 as the risk appetite of the market participants improved. The UK economy is likely to continue to face the wrath...
Share: The US Dollar keeps squeezing markets with new highs. All eyes on US GDP numbers on Thursday. The US Dollar Index reaches a new 10-month...
Share: The Federal Statistical Office of Germany will publish the German inflation data on Thursday. Headline CPI is set to rise 4.6% YoY in September, down...
Share: Gold price enters a bearish consolidation phase near a multi-month low touched on Wednesday. The prevalent risk-off environment is seen lending some support to the...
Share: Australian Dollar holds ground above 0.6350 after soft Retail Sales data. Australia’s Retail Sales reported a 0.2% print, lower than the expected 0.3%. US Dollar...
Share: Gold price faces an intense sell-off as Fed’s hawkish stance strengthens the US Dollar. The US economy has remained resilient on the grounds of a...
Share: The Euro maintains the bearish tone against the US Dollar. Stocks in Europe keep the mixed bias on Wednesday. EUR/USD slips back to new lows...
Share: Pound Sterling eyes more downside on jittery market mood. A sudden policy-tightening pause by the BoE highlights a poor economic outlook. Investors await the UK’s...
Share: Australian Dollar snaps the losing streak due to a rise in monthly CPI. Australia’s inflation reported a reading of 5.2% as expected, up from the...
Share: The Australian Monthly Consumer Price Index is forecast to rise 5.2% YoY in August, up from the 4.9% increase recorded in July. CPI inflation is...
Share: Pound Sterling faces an intense sell-off as the UK economy is exposed to a possible recession. The BoE seems done with hiking interest rates as...
Share: The US Dollar broke higher on Tuesday against most currencies in another rate differential push. Tuesday’s US economic docket will feature housing market data. The...