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Forex
Australian Dollar receives downward pressure from economic uncertainty in China
The Australian Dollar depreciated as China's fiscal stimulus plan failed to boost the market sentiment.
The ANZ-Roy Morgan Consumer Confidence index…
GBP/USD churns ahead of UK wages and labor figures
GBP/USD continues to battle markets just above 1.3000.
Cable traders are buckling down ahead of Tuesday’s key UK labor figures.
UK CPI inflation, US Retail…
Fed’s Kashkari: Inflation is progressing lower, labor market remains strong
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari assuaged markets late Monday, reaffirming the Fed's data-dependent stance and reiterating…
EUR/USD skids into fresh ten-week low, taps 1.09 as ECB rate cut looms
EUR/USD is set to decline for a third straight week against the Greenback.
Fiber kicked off the new trading week finding fresh lows as Euro confidence…
Dow Jones Industrial Average rises 200 points into another record on Monday
The Dow Jones found a fresh all-time peak at the start of the week.
Investors have leaned firmer into risk appetite ahead of a hefty earnings week.
The Dow…
Fed’s Waller: Latest inflation data was a disappointment
Federal Reserve (Fed) Board of Governors member Christopher Waller noted on Monday that recent US inflation data was a "disappointment", threading the needle…
Gold price retraces as China’s stimulus disappoints amid buoyant US Dollar
Gold slips as China’s stimulus efforts fail to ease deflationary pressures.
Minneapolis Fed President Kashkari’s comments on modest rate cuts and a strong…
US Dollar strengthens as market continues digesting CPI data, eyes now toward Retail Sales
US Dollar finding buyers as markets are pricing in fewer cuts in 2024.
Thursday’s Retail Sales will be key for market bets.
Strong US data later in the…
Mexican Peso falls on deteriorating consumer confidence data, Trump’s comments
Mexican Peso weakens 0.51% against the US Dollar with USD/MXN trading at 19.33 as Mexico’s Consumer Confidence falls.
Fears over China’s economic slowdown…
AUD/USD declines on negative outlook for trading neighbor China
AUD/USD declines after the release of weak China trade data on Monday.
The pair recovers some of the losses after Fed’s Kashkari gives boost to rate-cut…