Forex

The Canadian Dollar trims some losses with the USD pulling back ahead of US inflation data. The US Dollar is correcting lower against its main rivals on…

The Pound Sterling (GBP) is flat on the session. UK Retail Sales rose a softer than expected 0.2% in November (versus +0.5% forecast), extending a run of…

Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.4% on a yearly basis in November…

GBP/JPY declines to near 196.00 as higher number of BoE officials voted for an interest rate reduction on Thursday than what market participants had…

Gold clings to moderate gains on Friday after softer-than-expected US PCE inflation figures.  The US Dollar Index has extended its reversal from two-year…

EUR/USD advances above 1.0400 as US PCE inflation rose slower than projected in November. The outlook of the US Dollar remains firm on the Fed’s hawkish…

In a statement released on Friday, Federal Reserve Bank of Cleveland President Beth Hammack noted that she dissented because the data supported holding the…

Oil prices set for a weekly loss in this final normal trading week of 2024. The hawkish message from the Fed on rate cuts for 2025 has scared investors…

In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that they are still on a path to get to 2% inflation,…

US PCE data showed softer inflation, reducing Fed's urgency for aggressive rate hikes. BoE held rates at 4.75%, with divisions on potential rate cuts in…