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Forex
BoJ’s Tamura: Expects gradual path for interest rate hikes
The Bank of Japan (BoJ) board member Naoki Tamura crossed the wires during the Asian session on Thursday, saying that the path towards ending the easy policy…
Gold price stays resilient above $2,500 as inflation fears subside
Gold retreats from a daily high of $2,529 after US inflation data boosts odds of a 25 bps Fed rate cut.
Rising US Treasury yields and a stronger US Dollar…
GBP/USD down after US CPI figures and UK GDP data
GBP/USD tallied another day of losses falling below 1.3050.
US CPI came in mixed and markets reduced the odds of a 50 bps cut.
Earlier in the session the…
US Dollar pressured down after mixed CPI figures
US Dollar Index remains unchanged following the release of mixed inflation data.
Inflation in the US declined to 2.5% on an annual basis in August.
Annual…
Mexican Peso surges as reform panic fades
Mexican Senate passes controversial judicial reform, but Peso recovers as investors focus on potential Fed easing cycle.
USD/MXN drops 1.63% with investors…
Forex Today: US CPI cooled hopes for a Fed’s 50 bps rate cut
What you need to take care of on Thursday, September 12:
Financial markets turned risk-averse after the United States (US) released the August Consumer Price…
GBP/USD Price Forecast: Extends losses below 1.3050 post US CPI data
GBP/USD drops below the 20-DMA, with sellers gaining near-term control as RSI nears a break below 50.
Key support lies at 1.3044 (July 17 peak), with…
Pound Sterling Price News and Forecast: GBP/USD edges lower after US inflation data
GBP/USD edges lower after US inflation data suggests Fed to take a measured approach to easing
GBP/USD is trading marginally lower in the 1.3060s on Wednesday…
EUR/GBP Price Analysis: Bulls make a stride and challenge the 20-day SMA
Technical indicators suggest a shift in momentum toward positive territory
RSI rises near 50, indicating a recovery in buying pressure.
MACD continues…
The VanEck Merk Gold ETF delivers, literally
While other exchange traded gold products had outflows for several months, OUNZ - we refer to the VanEck Merk Gold ETF by its ticker symbol - bucked the trend,…