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Forex
USD/CAD holds steady above 1.4050, US Retail Sales data in focus
USD/CAD trades on a flat note around 1.4060 in Friday’s early Asian session.
Fed’s Powell said there is no need to hurry rate cuts as the US economy…
Gold falls as Powell signals Fed’s patience on lowering rates
XAU/USD remains subdued under the weight of a strengthening Dollar and recent US inflation data.
Producer Price Index exceeds expectations, suggesting Fed…
Mexican Peso surges as Banxico lower rates, more expected
Mexican Peso on the offensive, boosted by Banxico’s decision.
Banxico reduces its key rate to 10.25%, citing progress in the disinflation process despite…
Dow Jones Industrial Average cools its heels as election rally runs out of gas
The Dow Jones eased on Thursday as Trump election rally short-circuits.
US producer-level prices printed at expectations, easing investor concerns.
Friday…
Powell speech grabs attention in the American afternoon, focus on Trump
Remarks from Fed Chair Jerome Powell will heat the US session on Thursday.
Fed officials maintain the monetary policy path despite the new political…
Pound Sterling Price News and Forecast: GBP/USD bearish bias pushes Cable below 1.2700
GBP/USD Price Forecast: Bearish bias pushes Cable below 1.2700
The British Pound posted losses of 0.10% against the US Dollar after US economic data suggested…
Prominent hedge funds miss out as Disney rallies 10% on Q4 results
Disney reported a 39% increase in adjusted EPS in fiscal Q4.
Top and bottom line beats helped Disney stock surge by 10%.
Dow Jones is muted as market…
EUR/GBP Price Analysis: Bearish respite, indicators remain negative
EUR/GBP rose by 0.14% to 0.8320 in Thursday's trading session.
Bears took a breather after recent declines but technical indicators remain deeply negative.…
US Dollar softens after hitting a fresh year-to-date high in the USD Dollar Index
The Trump trades in the green, trying to secure a fifth day of gains.
Traders are on edge over Fed Chairman Powell and his view on the interest rate cut…
Crude Oil under pressure after monthly IEA report
Crude Oil support is under pressure as the IEA report adds to the bearish outlook.
The monthly report from the IEA bears no change in the narrative for the…