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Forex
US Retail Sales, more inflation data and Fedspeak will be in the limelight
The US Dollar (USD) resumed its robust recovery on Tuesday, leaving behind Monday’s pessimism as investors continued to assess the latest US CPI data while gearing up for further…
AUD/USD softens as markets digest US inflation data
The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Tuesday, pressured by a firmer Greenback following the release of the latest US inflation…
WTI rises on Iran tensions, Venezuelan Oil export limit gains
West Texas Intermediate (WTI) US Oil trades around $60.80 per barrel on Tuesday, up 2.45% on the day, extending a four-day bullish move. The US Crude Oil benchmark has returned to…
Flat near 1.3450 as softer US CPI revives Fed cut bets
GBP/USD flat near 1.3450 as softer US CPI revives Fed cut betsThe British Pound (GBP) turns negative on Tuesday, yet it remains near its opening price after the latest US inflation…
The case for a 2026 catch-up
In continuation of my earlier article on the Nifty’s breakout potential, I want to highlight the significant divergence between India and the rest of the world over the past year.…
GBP remains firm against US Dollar ahead of US CPI data
Pound Sterling remains firm against US Dollar ahead of US CPI dataThe Pound Sterling (GBP) holds onto Monday’s gains around 1.3470 against the US Dollar (USD) during the European…
US CPI rose 2.7% YoY in December
The United States had an annual inflation rate of 2.7% in December, as tracked by the Consumer Price Index (CPI), matching November’s increase, the US Bureau of Labor Statistics…
Aussie eases to 0.6700 after failure at at 0.6725
The Australian Dollar remains trading within previous ranges against its US counterpart, as the pair’s recovery from the 0.6660 area was capped at 0.6725 on Monday before pulling…
Gold consolidates below all-time high as markets await US CPI
Gold (XAU/USD) treads water on Tuesday as the market shifts into wait-and-see mode ahead of the release of US inflation data at 13:30 GMT. At the time of writing, XAU/USD trades…
Shows support for Fed’s Powell
During the European trading session on Tuesday, chiefs of many of the world's major central banks issued a joint statement in support of Federal Reserve (Fed) Chair Jerome Powell…