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Forex
Breaking: US CPI inflation softens to 2.3% in April vs. 2.4% expected
Inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), declined to 2.3% on a yearly basis in April from 2.4% in…
USD/JPY steadies as BoJ stays hawkish amid US tariff uncertainty, breakout above 148.50 eyed
USD/JPY trades flat on Tuesday after surging nearly 2% in the previous day, supported by a stronger US Dollar on easing trade tensions.BoJ signals commitment…
Strong inflows into Chinese Gold ETFs in April – Commerzbank
The World Gold Council reported Gold ETF data for April last week, Commerzbank's commodity analyst Carsten Fritsch notes. The level of Gold ETF holdings in…
Exxon Mobil Inc. (XOM) Elliott Wave technical analysis [Video]
XOM Elliott Wave technical analysis
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave {iii} of 1.
Direction: Upside in wave {iii}.…
NZD/USD Price Forecast: Approaches the 0.5900 resistance level near nine-day EMA
NZD/USD may face immediate resistance near the nine-day EMA at 0.5912.The 14-day RSI sits at the 50 level, indicating a neutral bias.The pair may retest…
Forex Today: US Dollar consolidates gains ahead of key inflation data
Here is what you need to know on Tuesday, May 13:The US Dollar (USD) retreats slightly in the European morning on Tuesday after posting impressive gains…
UK Unemployment Rate ticks up to 4.5% in the quarter to March, as expected
The UK Unemployment Rate rose to 4.5% in three months to March.The Claimant Count Change for Britain came in at 5.2K in April.GBP/USD holds gains near 1.3200…
US will cut “de minimis” tariffs on China shipments from 120% to 54%
Citing a White House executive order, Reuters reported on Tuesday that the US will cut "de minimis" tariffs on China shipments from 120% to 54%, with a minimum…
Gold price edges lower as US, China agree to reduce tariffs, eyes on US CPI data
Gold price trades in negative territory around $3,235 in Tuesday’s Asian session. US and China agreed to de-escalate their trade war by lowering import tariffs…
China’s Presi. Xi: Tariff and trade wars produce no winners
Speaking at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on…