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Forex
Breaking: US core PCE inflation holds steady at 2.8% in November vs. 2.9% expected
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 Price Forecast: Slumps as UK Retail Sales misses estimates
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 maintains a moderate positive tone after soft US inflation
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 bounces back after soft US PCE inflation data
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…
Fed’s Hammack: Rate cut was a close call, favored holding steady
In a statement released on Friday, Federal Reserve Bank of Cleveland President Beth Hammack noted that she dissented because the data supported holding the…
Crude Oil slides for a fifth day this week on Fed rate concerns
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…
Fed’s Goolsbee: My projections were for a little more shallow rate-path in 2025
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,…
GBP/USD rebounds towards 1.2540 following US inflation data and BoE decision
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…
EUR/USD Price Analysis: Slight end-of-week rebound fails to break key resistance
EUR/USD gains on Friday, settling near 1.0395 after Wednesday’s steep decline.
RSI rises sharply to 37, remaining in negative territory and reflecting…
US Dollar sees PCE data no making any changes to Fed’s forecast
The US Dollar is residing not far from its fresh two-year high level seen in Asian trading on Friday
Quadruple Witching – the simultaneous expiration of…