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Forex
Mexican Peso surges after mixed US inflation data hurts US Dollar
Mexican Peso recovers after two-day decline, buoyed by weaker-than-expected US CPI report.
US CPI miss leads to cooling inflation, boosting prospects for…
Gold price soars to three-week high amid easing inflation, rate cut hopes
Gold price hits $2,390, its highest level in three weeks, gaining over 1%.
US Treasury bond yields plunge, US Dollar Index drops to five-week low.
April…
Canadian Dollar vaults over Greenback as US CPI inflation cools
Canadian Dollar weaker on Wednesday but climbs over retreating USD.
Canada housing and manufacturing figures mixed with little impact.
Easing US inflation…
US Dollar dives as inflation decelerated in April
The DXY fell to its lowest level since mid-April on Wednesday.
Weak US inflation data and unimpressive Retail Sales increase odds of a Fed interest rate cut…
Dow Jones Industrial Average climbs 300 points after US CPI inflation eases further
Dow Jones continues march to fresh all-time highs, approaching 40,000.00.
US CPI inflation ticked lower in April, sparking fresh Fed rate cut hopes.
US…
Pound Sterling Price News and Forecast: GBP/USD climbs sharply, back above 1.2380
GBP/USD Price Analysis: Peaks at five-week high, fails to challenge 1.2700
The Pound Sterling advanced some 0.30% and hit a five-week high of 1.2670 following…
USD/CAD recovers soft US Inflation-induced losses from 1.3600
USD/CAD bounces back from 1.3600 on weak Canadian Manufacturing Sales data.
The US Dollar faces a sell-off due to an expected decline in the US inflation…
Silver Price Analysis: Reaches new high for May but pulls back after becoming overbought
Silver price has risen to a new high for May following the release of US data.
Silver has become overbought on the 4-hour chart and is in the process of…
Oil sinks while the Greenback retreats on softer CPI print
Oil breaks below $78.00 after both OPEC and IEA released their monthly reports.
While OPEC stuck to previous expectations, sluggish demand is forecasted in…
US Dollar at session’s low with CPI just ahead
The US Dollar falls further out of bed on Wednesday ahead of US CPI release.
Downward US PPI revisions for March and speculation over China supporting its…