AUD/USD gains traction from risk-on sentiment and China’s stimulus measures. Hawkish RBA stance and soft US inflation maintain upside potential for AUD/USD. Markets are still betting...
US inflation signals are cooling with PCE reading below expectations. Consumer sentiment has rebounded, indicating brighter economic expectations. USD might see additional downside if the markets...
XAU/USD drops to $2,646 after September inflation data suggests progress toward the Fed’s 2% target. US 10-year Treasury yield falls five basis points, while the US...
The US Dollar dives lower after softer PCE Markets are pricing in 50 basis points rate cut again. The US Dollar Index pops out of the...
Crude Oil ticks up off this week’s low and refrains from testing more downside for now. Markets are looking for direction after the news that Saudi...
EUR/USD reverses intraday losses on softer-than-expected US PCE inflation report for August. Flash French CPI (EU norm) and Spain’s HICP fell below 2% year-on-year in September....
Gold retreats at the end of the week as the effect of Chinese stimulus fades and global central banks adopt a more cautious stance. Stronger US...
The Mexican Peso seesaws between tepid gains and losses following the Bank of Mexico (Banxico) meeting. The bank decided to cut interest rates by 25 bps...
The Pound Sterling faces pressure near 1.3400 against the US Dollar ahead of the US PCE inflation data for August. Market expectations for the Fed cutting...
Gold price climbed to a fresh all-time peak on Thursday amid dovish Fed expectations. A modest USD uptick caps gains amid the risk-on mood and overbought...
Indian Rupee softens in Friday’s Asian session. The month-end importer USD bids and likely position unwinding weigh on the INR. The US August PCE Price Index...
Gold reaches an all-time high of $2,685, buoyed by China’s stimulus and Middle East tensions. Despite strong US Dollar, Fed’s recent 50 bps rate cut fuels...
Durable Goods Orders remained almost flat in August. US GDP grew at an annual rate of 3.0% in the second quarter of 2024. Initial Jobless Claims...
The Dow Jones rallied 260 points on Thursday as investors recover footing. US data came in broadly better than expected, easing recession fears. Despite a litany...
Mexican Peso is virtually unchanged after hitting a daily high of 19.46. Banxico expected to cut rates by 25 bps, but a larger cut could push...
The Pound Sterling recovers to near 1.3400 against the US Dollar as investors expect the Fed to cut interest rates by 50 bps in November. Investors...
EUR/USD moves higher after correcting to near 1.1120 as the US Dollar struggles to extend recovery. Fed Chairman Jerome Powell didn’t talk about monetary policy in...
The Mexican Peso edges higher ahead of the Banxico meeting on Thursday. Most analysts expect a moderate 0.25% cut to the central bank’s cash rate. USD/MXN steadily...
The US Dollar bounces back into September’s range and holds near yearly lows on Thursday. Besides a big slew of data, a bunch of Fed speakers...
The Japanese Yen receives downward pressure as traders expect the BoJ to delay further rate hikes. The BoJ Meeting Minutes highlighted a consensus among members on...