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Forex
Australian Dollar holds gains despite a stable US Dollar ahead of PCE Price Index
The Australian Dollar holds its position after Retail Sales reported no growth in July.
Australia’s Retail Sales stagnated month-on-month in July, against…
Japanese Yen gains ground following Tokyo CPI figures
The Japanese Yen appreciates as increasing Tokyo inflation figures strengthen the BoJ’s hawkish stance on its policy outlook.
Tokyo's CPI rose to 2.6% YoY…
USD/INR weakens on Indian equity inflows, traders await US PCE data
The Indian Rupee strengthens in Friday’s Asian session.
A positive trend in Indian equities supports the INR, while higher crude oil prices might cap its…
Gold price drifts lower as traders brace for US PCE data
Gold price drops in Friday’s early Asian session.
The stronger US GDP growth drags Gold price lower, but rising Fed rate cut expectations might help limit…
Australia’s Retail Sales stay unchanged in July vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, remained flat at 0% MoM in July after increasing by 0.5% in June, the official data…
SNB’s Jordan: Price stability is a crucial precondition for growth and prosperity
The Swiss National Bank (SNB) Chairman Thomas Jordan on Thursday acknowledged difficulties that the strong Swiss Franc is causing for Swiss industry, which is…
NZD/USD Price Analysis: Buying momentum might have hit its ceiling, correction incoming
NZD/USD extended its winning streak in Thursday's session, rising to 0.6255.
The RSI is near overbought territory and suggests selling pressure could…
Gold climbs despite stronger than expected US economic growth
Gold prices climb despite upbeat US Q2 GDP revision and drop in unemployment claims.
Despite rising US Treasury yields (10-year at 3.86%) and DXY up 0.33%…
US Dollar adds gains on positive data
Atlanta Fed President Bostic is cautious about rate cuts and prefers to see more data before easing.
Revised GDP growth of 3% in Q2 highlights the…
Dow Jones Industrial Average churns on Thursday but finds some gains
The Dow Jones rose 450 points on Thursday as sentiment recovered.
US GDP figures bolstered investor confidence after printing above expectations.
US PCE…