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Forex
Gold price holds steady near all-time peak, below $2,800 ahead of US PCE Price Index
Gold price continues to attract haven flows amid US political jitters and Middle East woes.
A further rise in the US bond yields revives the USD demand and…
Breaking: Bank of Japan maintains interest rate unchanged at 0.25%, as expected
The Bank of Japan (BoJ) decided to keep its short-term interest rates unchanged at 0.25% following the conclusion of its two-day monetary policy review on…
NZD/USD gathers strength above 0.5950, US PCE data looms
NZD/USD gains ground to around 0.5980 in Thursday’s Asian session.
ANZ Business Confidence rose to 65.7 in October vs. 60.9 prior.
Investors await the US…
Australia’s Retail Sales rise 0.1% MoM in September vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, increased 0.1% MoM in September, compared to a rise of 0.7% in August, the official…
Gold price remains near YTD peak, approaches $2,800
Gold reaches a new ATH at $2,790, bolstered by election uncertainty and steady US economic growth.
US Q3 GDP and ADP jobs data show economic resilience,…
EUR/USD holds above 1.0850 on weaker US Dollar, eyes on US PCE data
EUR/USD edges higher to around 1.0855 in Thursday’s early Asian session.
Private sector employment increased by 233,000 jobs in October.
The Eurozone…
Dow Jones Industrial Average advances due to strong US GDP and jobs data
Dow Jones climbs as US economy grows 2.8% in Q3, suggesting a soft landing despite slightly missing Q2’s 3% pace.
ADP reports hefty job gains in October, …
Forex Today: Investors will closely follow the BoJ and PCE data
The Greenback’s rally continued to give some signs of potential exhaustion on Wednesday, despite encouraging prints from the job creation in the US private…
Mexican Peso declines despite posting solid GDP data
Mexican Peso weakens due to strong US data and political uncertainty tied to Mexico’s judiciary reform.
Mexico’s Q3 GDP exceeds forecasts, but US ADP jobs…
US Dollar loses value after GDP, and ADP data
US Dollar dips despite October ADP employment data showing private sector payrolls increased by 233K, surpassing expectations.
Q3 US GDP growth of 2.8%…