EUR/USD gathers strength around the mid-1.0800s on a softer US Dollar
The EUR/USD pair kicks off the new week on a positive note during the early Asian trading hours on Monday.
Crypto products see record outflow of $942m, breaking 7 week influx trend
The outflow from crypto investment products from March 16 to 22 reached $942 million after the maximum historical inflow of $2.92 billion
USD has peaked for now, but scope for weakness may not be significant in the near term – Scotiabank
The US Dollar (USD) is tracking a little lower on the session.
US Dollar falls out of bed on Monday after very mixed ISM data
The US Dollar (USD) trades on the backfoot this Monday with the numbers from the Institute for Supply Management (ISM) as biggest driver for the Greenback weakness. The moves comes after the different data points reveal that there is easing at hand.
AUD/USD retreats to 0.6600 on hot US Inflation data
The AUD/USD pair falls to the round-level support of 0.6600 as the hotter-than-expectations United States Consumer Price Index (CPI) data for February has dented appeal for antipodeans.
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.
NZD/USD trades with mild negative bias above the mid-0.6100s ahead of US CPI data
The NZD/USD pair trades with a mild negative bias above the mid-0.6100s during the early Asian session on Tuesday.
Sensex manages to close in the green ahead of India/ US CPI data
The Sensex 30, one of India’s key benchmark indices, is set to open with gains on Tuesday, having extended its pullback from record highs on Monday to settle sharply lower.
Trump suggests tariffs can help solve rising child care costs in a major economic speech
Former President Donald Trump is suggesting his plans to increase tariffs on foreign imports will solve seemingly unrelated challenges such as the rising cost of child care.
Wind energy generation in Tamil Nadu expected to drop slightly
For the industries that have invested in captive wind power in Tamil Nadu, the 2024-2025 year could see slightly lower wind energy generation
Mexican Peso strengthens as Powell pivot weighed on US Dollar
The Mexican Peso rallied sharply against the Greenback on Friday after Federal Reserve (Fed) Chair Jerome Powell announced that the central bank is ready to begin its easing cycle.
Japanese Yen remains heavily offered near 154.00, hits fresh multi-decade low against USD
The Japanese Yen (JPY) continues with its struggle to register any meaningful recovery against its American counterpart and drops to a fresh multi-decade low during the Asian session on Monday.
US Dollar steady as markets digest mid-tier data
The US economy remains robust with GDPNow tracking third-quarter growth at 3.4%.
Australian Dollar loses ground as US Dollar remains solid ahead of PCE Inflation
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday.
Solana spikes 735.5% and grabs analyst attention; FTM and KANG new price targets revealed
Solana (SOL) has dominated the charts as its value rose by 735.5% within the past year, and could soon break above the $200 price barrier#sponsored
Mexican Peso reaches eight-year high against US Dollar unfazed by Banxico’s rate cut
The Mexican Peso rallied to a new eight-year high against the US Dollar with the USD/MXN pair breaching last year’s low of 16.62, extending its losses to the 16.50s.
Forex Today: US Dollar stays strong despite US data; Metals remain under pressure
The main focus remains on US labor market data. ADP will report on private employment on Wednesday, and the Unit Labor Cost data will also be important.
Gold maintains a moderate bearish tone with US yields and the US Dollar picking up
Gold price (XAU/USD) builds on its recent strong rally witnessed over the past three weeks or so and surges to a fresh record high, around the $2,144-2,145 region during the Asian session on Monday.
Charlie Edwards standing at the door of destiny, with Thomas Essomba on the other side
Coffee shops, fabricators, landscape gardeners and boxing gyms. Every business opens its doors to attract customers and every successful business faces the same issues once work starts pouring in.
Mexican Peso depreciates against US Dollar due to falling US yields, mixed CPI data
The Mexican Peso loses steam against the US Dollar on Tuesday after refreshing almost nine-year highs of 16.26.
USD/CHF hangs near daily low amid weaker USD, manages to hold above mid-0.8400s
The USD/CHF pair attracts some sellers following an intraday uptick to the 0.8515 area, or a one-week high and drops to a fresh daily low during the first half of the European session on Thursday.
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.
Sterling squeezed as focus turns to US inflation
SINGAPORE :Sterling crosses nursed losses on Thursday, while the yen found a footing in holiday-thinned trade ahead of the last major data release of the year in Friday's U.S. inflation figures.Sterling suffered its sharpest drop on the dollar in two months on Wednesday after British inflation dived below for
US Dollar slumps after weak US ADP Employment, Fed policy in focus
The US Dollar (USD) extends its downside in Wednesday’s New York session ahead of the monetary policy announcement by the Federal Reserve (Fed) at 18:00 GMT.
USD/CHF aims to surpass 0.9150 as US Dollar remains upbeat, US Retail Sales in focus
The USD/CHF pair hovers near six-month high around 0.9150 in Monday’s European session.
US wholesale prices picked up in February in sign that inflation pressures remain elevated
WASHINGTON (AP) — Wholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months a
Dollar rises vs yen as BOJ sticks with ultra-loose policy
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose against the yen on Tuesday after the Bank of Japan gave no sign that its ultra-loose monetary policy was set to end, but expectations for
FTSE falls as markets wobble ahead of US rates decision
The FTSE 100 moved 56.18 points lower, or 0.68%, to end the day at 8,253.68.
Robust economic outlook thrusts PSX to new record high
Stocks on Friday achieved yet another highest close after briefly breaking through 90,000-point resistance level, driven by upbeat economic indicators and strong hopes for a major downward revision...
PSX zooms to record high on economic data, political outlook
Stocks on Tuesday zoomed to a new all-time high, riding a rally driven by the passage of the 26th amendment, which alleviated political concerns and bolstered bullish sentiment among investors...
Sales of US existing homes slip slightly in August
Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry. Compared with a year ago, NAR data showed that existing home sales were 4.2 percent down in August.
Japanese Yen sticks to strong intraday recovery gains near 155.00 against USD
The Japanese Yen (JPY) remains under heavy selling pressure on the first day of a new week, pushing the USD/JPY pair above the 160.00 psychological mark for the first time since October 1986.
Gold price finished the week with gains amid geopolitical tensions, shy of $2,400
Gold price hit a five-day high above the $2,400 figure amid an escalation of the Middle East conflict between Israel and Iran.
USD/CAD recovers from 1.3800 as US Dollar bounces back
The USD/CAD pair bounces back from intraday low of 1.3793 to near 1.3856 in Tuesday’s North American session.
US Dollar gets repriced for a Fed cut in the fall
The US Dollar (USD) trades in the green on Thursday after both US Retail Sales for February and Producer Price data got released. It was the Producer Price release which had the last say in where the Greenback would go. With a firm beat in both
AUD/USD spikes back above 0.6660 as dovish Fed sends US Dollar tumbling
The AUD/USD is catching a firm risk-bid as markets surge higher following a dovish pivot to the Federal Reserve’s (Fed) policy stance; the Fed now sees at least three rate cuts in 2024, for a combined 75 basis points in rate cuts next year.
AUD/USD rebounds from 0.6720 as US Dollar retreats after higher US jobless claims
The AUD/USD pair discovers buying interest from the intraday low of 0.6725 in Thursday’s New York session.
Dollar edges lower after Fed goes big on rate cut, Aussie jumps
:The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been priced in by markets.The Fed on Wednesday kicked off its monetary easing cycle with a half-percentage-point rate cut that Chair Jerome Powell said was meant to show policymakers' co
NZD/USD is piercing 0.6300 resistance ahead of the US PCE Prices Index
The Kiwi has resumed its uptrend on Froday´s European morning session, to explore levels beyond 0.6300.
EUR/USD slips on Monday, paring recent gains ahead of US CPI inflation
EUR/USD eased back on Monday, dropping away from 1.0950 as investors gear up for Tuesday’s US Consumer Price Index (CPI) inflation.
GameStop jumps for a second day, but ends session well off highs as meme enthusiasm starts to fade
The meme stock rally kicked off by "Roaring Kitty" continued for a second day as shares from GameStop, AMC, Blackberry and Koss soared.
Canadian Dollar pares losses on Thursday but trims weight against Greenback
The Canadian Dollar (CAD) is broadly softer on Wednesday as one of the day’s weakest performers, but the CAD will have to settle for second-worst as the US Dollar (USD) broadly retreats following a cooler-than-expected print of US Consumer Price Index (CPI) inflation.
Will a potential US ban drive TikTok deeper into the arms of Southeast Asia?
Temu, a Chinese cross-border e-commerce app, which is popular in the US currently could benefit if TikTok is banned, said an analyst.
Mexican Peso drops on Banxico's rate cut hopes
The Mexican Peso begins the week on the back foot, reversing most of last Friday’s gains.
Mexican Peso sinks, drops for fifth straight session
The Mexican Peso depreciated sharply as the week began after data revealed Mexico’s Balance of Trade deficit widened — its worst reading since August 2020, according to data revealed by the Instituto Nacional de Estadistica, Geografia e Informatica (INEGI).
Gold price jumps back closer to all-time peak, $2,600 remains in sight amid fresh USD weakness
Gold price (XAU/USD) witnessed an intraday turnaround after hitting a new record high, around the $2,600 mark and settled in the red for the second straight day on Wednesday.
AUD/USD stalls right above 0.6600 with US Payrolls on sight
The Australian Dollar maintains a mild positive tone with bears capped at 0.6590 so far.
USD/NOK regains some traction as the US economy holds strong
In Friday's trading session, the USD/NOK pair is trading at a level of 10.53, registering a modest gain of 0.32%.
European datacenter energy consumption set to triple by end of decade
McKinsey warns an additional 25GW of mostly green energy will be needed
last updated on 6 Nov 16:55