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Gold draws support from retreating USD; holds above $4,150 as traders await US CPI report
Gold (XAU/USD) ticks higher during the Asian session on Wednesday, holding above $4,150 as traders n...
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD)...
Canadian Dollar edges up against US Dollar ahead of US CPI data
The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of t...
New Zealand Trade Balance NZD (MoM) registered at $800M, below expectations ($875M) in May
New Zealand Trade Balance NZD (MoM) registered at $800M, below expectations ($875M) in May
British Pound Sterling slides as cheaper Crude Oil masks the inflation pipeline
The Bank of England (BoE) delivered the hawkish hold the market expected on Thursday, and a second member of its Monetary Policy Committee (MPC) joined the push to raise the Bank Rate. Sterling fell a ...
GBP/JPY Price Forecast: Sellers eye break below 100-day SMA
The GBP/JPY retreats during the North American session on Thursday, down 0.21% as the Pound Sterling depreciates, despite the Bank of England (BoE) holding rates unchanged. At the time of writing, the ...
United States Total Net TIC Flows down to $26.1B in April from previous $150.7B
United States Total Net TIC Flows down to $26.1B in April from previous $150.7B
United States Net Long-Term TIC Flows came in at $103.1B, above forecasts ($75B) in April
United States Net Long-Term TIC Flows came in at $103.1B, above forecasts ($75B) in April
Euro weakens to two-month low as Fed rate bets lift US Dollar
EUR/USD trades around 1.1470 on Thursday at the time of writing, down 0.22% on the day and hovering near its lowest level in two months.
Pound Sterling Price News and Forecast: GBP/USD slides as hawkish Fed overshadows BoE hold
The Pound Sterling (GBP) drops on Thursday during the North American session as traders continue to digest the Federal Reserve's (Fed) hawkish tilt, even though the Bank of England (BoE) held rates un ...
WTI Oil tumbles as Strait of Hormuz deal optimism overrides US inventory drawdown
West Texas Intermediate (WTI) Oil declines to around $73.20 at the time of writing on Thursday, down 2.35% on the day, and hits its lowest level in more than three months as investors continue to pric ...
British Pound slides as hawkish Fed overshadows BoE hold
The Pound Sterling (GBP) drops on Thursday during the North American session as traders continue to digest the Federal Reserve's (Fed) hawkish tilt, even though the Bank of England (BoE) held rates un ...
United States EIA Natural Gas Storage Change registered at 73B, below expectations (82B) in June 12
United States EIA Natural Gas Storage Change registered at 73B, below expectations (82B) in June 12
United Kingdom: Inflation risks and Bank Rate path – RaboResearch
RaboResearch Global Economics & Markets discusses the Bank of England’s decision to keep Bank Rate at 3.75% with a 7–2 split, noting that two members preferred a 25bp hike. The sharp fall in energy pr ...
Canada Employment Insurance Beneficiaries Change (MoM) declined to -0.5% in April from previous 0.4%
Canada Employment Insurance Beneficiaries Change (MoM) declined to -0.5% in April from previous 0.4%