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Forex
USD/CHF plummets following PCE data
USD/CHF took a downturn in Friday’s session, plummeting to 0.9016, after slightly rising to 0.9070 earlier in the session.
Following US inflation figures…
AUD/USD Price Analysis: Up leg within sideways trend approaches ceiling
AUD/USD is unfolding an up leg within a range which is approaching the range highs.
If it reaches the highs the pair could reverse and begin a move south,…
Mexican Peso trades higher against USD after release of cooler inflation data
The Mexican Peso is trading higher against the USD on Friday after the release of US PCE inflation data.
Core US Personal Consumption Expenditure (PCE)…
NZD/USD rallies to 0.6160 as US Dollar weakens after steady US PCE Inflation report
NZD/USD advances strongly to 0.6160 as the US Dollar slumps after US PCE Inflation grew as expected in April.
Stubbornly elevated US inflation would dent…
Gold reverses gains from US PCE inflation data miss
Gold reverses the gains made after the release of PCE inflation data shows price pressures cooled in April.
Precious metal already made gains following the…
Trump Media & Technology Group Stock Forecast: DJT falls 4% as conviction takes its toll
Trump Media stock rotates 4% lower after gaining in premarket.
Donald John Trump was convicted of 34 felony counts for falsifying business records on…
Oil enters wild ride and falls back in red after PCE numbers
Oil gives up earlier attempts to avoid losses and falls to session's low.
OPEC+ will convene online to decide on production cuts, with most analysts…
Major growth stocks falter as week comes to an end, PCE shows falling monthly core inflation
Core PCE data from the US shows monthly inflation arriving below expectations.
Downwardly revised consumer spending data and Q1 GDP growth earlier in the…
EUR/GBP gains momentum as EU inflation data tampers ECB dovish expectations
EUR/GBP rose sharply on Friday at 0.8531, notching a 0.26% gain.
Inflation data from the Eurozone, both headline and core HICP, exceeded the forecasts.
A…
Pound Sterling remains inside woods amid uncertainty ahead of US core PCE Inflation
The Pound Sterling is down against the US Dollar ahead of the US core PCE inflation data.
US PCE inflation is expected to have steadied in April.
UK…