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Forex
USD/INR consolidates as traders expect a potential for RBI intervention
The Indian Rupee remains stable amid rising speculation of RBI interventions in open FX markets.
Lower crude Oil prices favor the INR as India is the…
Philippines Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Philippines on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 4,535.54 Philippine Pesos (PHP)…
US CPI data set to decide how much the Fed will cut rates in upcoming meeting
The US Consumer Price Index is forecast to rise 2.6% YoY in August, at a softer pace than July’s 2.9% increase.
Annual core CPI inflation is expected to…
GBP/USD climbs back closer to 1.3100, upside seems limited ahead of UK data/US CPI
GBP/USD attracts some buyers on Wednesday amid a modest USD decline.
The fundamental backdrop warrants before placing aggressive bullish bets.
Traders…
Gold price refreshes weekly top, tests short-term trading range hurdle ahead of US CPI
Gold price climbs to a fresh weekly top and draws support from a combination of factors.
The cautious market mood benefits the safe-haven XAU/USD amid a…
USD/JPY recovers few pips from 142.00 mark, looks to US CPI for fresh impetus
USD/JPY drifts lower for the second straight day and slides back closer to a one-month low.
The divergent BoJ-Fed policy expectations turn out to be a key…
EUR/USD dips as German inflation falls, ECB rate cut looms
German HICP inflation falls to 2%, increasing the likelihood of further ECB rate cuts and downward revisions to growth forecasts.
ECB expected to lower…
Gold price edges higher as traders eye US inflation and debate
Gold price increases as US Treasury yields drop and the US Dollar weakens.
Traders await US CPI data; Fed rate cut odds are 67% for a 25 bps reduction and…
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Malaysia on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 351.38 Malaysian Ringgits (MYR) per…
Forex Today: US inflation and the size of the Fed’s rate cut
The Greenback added to the ongoing uptrend, although it seems to have run out of some upside impetus on Tuesday amidst the broad-based cautious stance ahead of…