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Forex
XAU/USD gains ground above $4,050 on Fed rate cut bets, US data awaited
Gold price (XAU/USD) trades in positive territory around $4,075 during the early Asia session on Monday. The precious metal edges higher as expectations for a Federal Reserve (Fed)…
We need expansive monetary policy to support inflation
Swiss National Bank (SNB) President Martin Schlegel said that consumer-price growth in Switzerland is expected to accelerate a bit, Bloomberg reported on Saturday.Key…
CAD steady on the day – Scotiabank
The Canadian Dollar (CAD) is little changed on the day, with spot holding gains towards the 1.41 area yesterday amid the US equity market sell-off, Scotiabank's Chief FX…
EUR is soft and drifting back toward Thursday’s low – Scotiabank
The Euro (EUR) is soft, down a marginal 0.1% as it drifts back toward Thursday’s low just above 1.15, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. PMI’s…
GBP is showing impressive resilience to disappointing data – Scotiabank
Pound Sterling (GBP) is soft, down a marginal 0.1% against the US Dollar (USD) and a mi performer among the G10 in an environment of persistent USD strength, Scotiabank's Chief FX…
JPY attempting bullish reversal – Scotiabank
The Japanese Yen (JPY) is up an impressive 0.4% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into the end of the week, Scotiabank's Chief FX…
The lack of data doesn’t mean we don’t have a forecast
Federal Reserve (Fed) Governor Stephen Miran spoke in an interview for Bloomberg TV on Friday. He said that the Fed should be forecast-dependent, not data-dependent.Key…
Fed’s Collins: Inflation remains elevated
Federal Reserve (Fed) Bank of Boston President Susan Collins spoke in an interview with CNBC on Friday. She claimed that the September jobs data was mixed and that, with limited…
Would find it difficult to cut again in December
Dallas Bank Federal Reserve (Fed) President Lorie Logan delivered a speech at “The SNB and its Watchers 2025” Conference at the Karl Brunner Institute in Zurich on Friday. Logan…
Three healthcare mutual funds standing out amid mixed labor data
The combination of mixed U.S. employment data and decreased expectations about future Federal Reserve rate adjustments has put focus on defensive market segments. The U.S.…