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Forex
Australian Dollar moves little following China’s CPI data release
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, recovering its recent losses registered in the previous session. The AUD/USD pair appreciates as the…
China’s CPI inflation arrives at -0.3% YoY in September vs. -0.1% expected
China’s Consumer Price Index (CPI) declined 0.3% in September from a year ago after arriving a fall of 0.4% in August, the National Bureau of Statistics of China reported on…
XAG/USD climbs to near $52.00 on fresh US-China trade tensions
Silver price (XAG/USD) holds positive ground around $51.90 during the early Asian session on Wednesday. The white metal retreats from an all-time high after a historic squeeze in…
Inflation is likely to be stronger than forecast in Q3
Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter said early Wednesday that recent data has been a little stronger than expected, adding that inflation is likely to…
EUR/USD climbs above 1.16 as Powell’s neutral tone weigh on Dollar
EUR/USD recovers some ground on Tuesday as the Greenback weakens post neutral-dovish remarks by Fed Chair Jerome Powell and as the French government announced a suspension of a…
Trump ups the ante on anti-trade warnings against China
US President Donald Trump lashed out at China over its recent protectionist trade policies, threatening additional targeted trade restrictions if China goes ahead with imposing…
Inflation in China and Fedspeak should keep investors entertained
The US Dollar (USD) failed to extend its recovery despite the positive start to the day, eventually receding modestly amid the steady lack of progress around any shutdown deal and…
Dow Jones rebounds as investors dismiss tariff concerns, test 46,500
The Dow Jones Industrial Average (DJIA) gained ground on Tuesday after a tumultuous late start to the new trading week for US equity markets. China imposed strict licensing…
AUD/USD trims losses as Greenback weakens amid dovish Fed outlook and US-China frictions
The Australian Dollar (AUD) trims losses against the US Dollar (USD) on Tuesday after sliding earlier to its weakest level since August 22, as fears of a revived trade war between…
Labor market data backs view of softening labor market
Bank of England (BoE) Governor Andrew Bailey spoke at a fireside chat at the Institute of International Finance Annual Membership Meeting in Washington, DC. In his speech, Bailey…