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Forex
Australian Dollar down after RBNZ’s dovish hints
AUD/USD shows a decrease, dropping to 0.6615.
RBA maintains its hawkish position, potentially balancing the downside.
RBNZ’s dovish posture dragged down…
Dow Jones Industrial Average climbs 300 points post-US CPI
The Dow Jones climbed 300 points on Wednesday post-CPI inflation print.
US consumer-level inflation eased as expected in July.
Market bets of a September…
US Dollar weakens on Wednesday after cooling CPI
USD marks a slight decline as lower US inflation further dulls its attractiveness.
Softer but in-line CPI figures give markets reason to feed on dovish…
Mexican Peso bolstered by US CPI meeting expectations but nothing more
The Mexican Peso chalked in a second day of gains against the Greenback on Wednesday.
Mexico’s recent rate cut despite an uptick in inflation has left Peso…
EUR/GBP rises amid disappointing UK inflation data
EUR/GBP rose to 0.8580, overcoming a key resistance level.
Softer UK inflation data suppressed Pound Sterling during Wednesday's session.
Markets are…
EUR: Ready for a break higher – ING
Markets see the uptick in EUR/USD into the upper half of the 1.09-1.10 range as the start of a longer-lasting upward trend. The target is a move to 1.12 in the…
Energy: Bullish API report – ING
Oil prices rebounded in the early trading session today, with the ICE Brent front-month contract trading above $81/bbl following a larger-than-expected oil…
US inflation cools further – Commerzbank
Inflationary pressure continues to ease in the US. Consumer prices rose by 0.2% in July from June, both overall and excluding energy and food (core rate).…
GBP/USD: Broader trends remain constructive – Scotibank
UK inflation data for July came in lower than expected. Headline prices fell 0.2% m/m, leaving inflation at 2.2% over the year. Core prices rose 3.3% in the…
Mexican Peso strengthens against counterparts hit by weak data
The Mexican Peso rises in its key pairs after USD and GBP are pressured by weak inflation prints.
Banxico will probably cut interest rates gradually,…