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Forex
Powell speech: Economy strong without question
Federal Reserve Chair Jerome Powell participates in a discussion at the Macroeconomics and Monetary Policy Conference, in San Francisco.
Key quotes:
Latest…
GBP/JPY Price Analysis: Holds steady around 191.00 amid thin liquidity conditions
GBP/JPY hovers around 191.00, with trading subdued due to the Easter holiday.
Technical indicators show potential for movement, with key levels at 191.57…
Pound Sterling mildly up after PCE figures from the US meet expectations
GBP/USD mildly up after PCE figures from the US meet expectations
In Friday's session, GBP/USD is being traded around 1.2640, registering a variation of 0.14%…
EUR/JPY Price Analysis: Bears show signs of presence, long-term bullish stronghold remains unchallenged
The daily chart reveals slightly bullish momentum, with RSI at 52, signifying resilient buying traction.
Indicators in the hourly chart denote a mild…
US Dollar locks in weekly gains ahead of Powell closing off this week
The US Dollar still trades near the fresh high of March.
Traders are enjoying a bank holiday despite the release of US economic data.
The US Dollar Index…
USD/JPY edges lower as US Core PCE cools as foreseen
USD/JPY dips following February's Core PCE data, indicating a gradual cooling of inflation but concerns linger.
Fed officials maintain a cautious outlook on…
EUR/USD holds steady as Core PCE meets expectations
EUR/USD nudges up slightly to 1.0788 after Core PCE inflation data for February aligns with market forecasts.
Headline PCE inflation for February shows a…
S&P 500’s soft growth could last for months
The US equity market continued its upward trend, with the S&P500 rising 10.8% in the first quarter, exceeding the historical average gain for a full…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet.
The price for 24-carat Gold stood at 19,985.22 Pakistani Rupees (PKR) per…
USD/JPY sticks to 151.40 amid BoJ’s cautious approach regarding monetary conditions
USD/JPY struggles as BoJ’s cautious approach to keep monetary conditions accommodative.
Tokyo CPI (YoY) rose 2.6% in March, from the previous reading of a…