Forex

Silver price may extend its winning streak as recent inflation raises the odds of the Fed’s rate cuts. US PCE Price Index increased by 2.6% YoY in May, down…

The Australian Dollar lost ground as Manufacturing PMI dropped for the fifth consecutive month to 47.2 in June. The AUD may limit its downside due to the…

EUR/GBP gains ground as investors’ sentiment improves due to Marine Le Pen’s National Rally leading the first round of legislative elections. Last week, ECB…

The Japanese Yen hovers around its 38-year low of 161.28. The JPY may limit its downside due to possible intervention by Japanese authorities. The US…

The Indian Rupee gains ground amid the weaker US Dollar in Monday’s early Asian session. Indian bonds were included in the JPMorgan Emerging Market Debt…

China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly rose to 51.8 in June, against the 51.7 reading in May, according to the latest data…

NZD/USD draws support from a modest US weakness and a positive risk tone.  Fed rate cut uncertainty should limit the USD losses and cap gains for the pair.…

Gold prices trades in negative territory near $2,325 in Monday’s early Asian session.  Inflation in the US eased to its lowest annual rate in more than…

China’s official Manufacturing Purchasing Managers' Index (PMI) remained steady at 49.5% in June, compared to 49.5. The reading missed the market consensus of…

The USD/CHF pair hits early June's highs but retreats back to 0.8990. USD bearishness comes in due to disappointing PCE data for May. The market odds for a…