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WTI holds firm as Strait of Hormuz concerns outweigh sharp US inventory build
West Texas Intermediate (WTI) Oil trades in a narrow range on Wednesday as traders weigh a sharp ris...
S&P 500 and Nasdaq Climb as Inflation Cools, Easing Fed Rate Fears
Stocks Rise After July CPI Report. Why the AI Trade Is Back in Focus...
British Pound holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling holds firm within familiar levels after the US inflation report was aligned with ...
British Pound remains on the defensive as investors await BoE’s decision
The British Pound (GBP) trims losses against the US Dollar (USD) on Thursday, but remains near the two-month low hit on Wednesday.
United Kingdom Unemployment Rate falls to 4.9% in April: What it means for the British Pound
The United Kingdom’s (UK) ILO Unemployment Rate fell to 4.9% in the three months to April after reporting 5.0% in the previous reading, data published by the Office for National Statistics (ONS) showe ...
United Kingdom ILO Unemployment Rate (3M) registered at 4.9%, below expectations (5%) in April
United Kingdom ILO Unemployment Rate (3M) registered at 4.9%, below expectations (5%) in April
EUR/USD Price Forecast: Recovers further from March low, climbs to 1.1525 on weaker USD
The EUR/USD pair attracts some buyers during the Asian session on Thursday and moves away from its lowest level since late March, around the 1.1480-1.1475 region touched the previous day.
Japan’s Kihara: Ready to respond 'appropriately' to Yen moves
Japanese Chief Cabinet Secretary Minoru Kihara told a regular press conference on Thursday, “we are ready to respond appropriately to currency moves as needed at any time,” when asked about the rapid ...
New Zealand Gross Domestic Product (QoQ) below forecasts (0.9%) in 1Q: Actual (0.8%)
New Zealand Gross Domestic Product (QoQ) below forecasts (0.9%) in 1Q: Actual (0.8%)
British Pound double-teamed by soft CPI and a hawkish Fed
The British Pound (GBP) spent Wednesday absorbing blows from both sides of the Atlantic. Softer than expected UK inflation set a heavy tone in the morning, and Kevin Warsh's hawkish first Federal Rese ...
Euro routed as Warsh's Fed turns the dot plot upside down
Kevin Warsh's first meeting as Federal Reserve (Fed) Chair was billed as a quiet hold, and on the headline rate it delivered exactly that. Everything wrapped around that hold, however, was a hawkish b ...
Gold price retreats as Fed holds rates, hawkish dots bite
Gold (XAU/USD) price declines as the Federal Reserve (Fed) keeps rates steady at 3.50% to 3.75% on Wednesday, while the Summary of Economic Projections (SEP) shows policymakers expect inflation above ...
WTI stabilizes below $76 as markets assess the impact of US-Iran deal
West Texas Intermediate (WTI) trades around $75.70 on Wednesday at the time of writing, posting a loss of 0.22% on the day.
Russia Producer Price Index (MoM) declined to 2.5% in May from previous 6.1%
Russia Producer Price Index (MoM) declined to 2.5% in May from previous 6.1%
Australian Dollar holds firm as Trump’s Iran comments reduce risk sentiment
The AUD/USD pair trades near 0.7070 with a neutral tone on Wednesday, as the Australian Dollar (AUD) benefits from improved risk sentiment following the latest developments in the US-Iran conflict.