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Markets
US CPI rose 2.7% YoY in December
The United States had an annual inflation rate of 2.7% in December, as tracked by the Consumer Price Index (CPI), matching November’s increase, the US Bureau of Labor Statistics…
Aussie eases to 0.6700 after failure at at 0.6725
The Australian Dollar remains trading within previous ranges against its US counterpart, as the pair’s recovery from the 0.6660 area was capped at 0.6725 on Monday before pulling…
Gold consolidates below all-time high as markets await US CPI
Gold (XAU/USD) treads water on Tuesday as the market shifts into wait-and-see mode ahead of the release of US inflation data at 13:30 GMT. At the time of writing, XAU/USD trades…
Shows support for Fed’s Powell
During the European trading session on Tuesday, chiefs of many of the world's major central banks issued a joint statement in support of Federal Reserve (Fed) Chair Jerome Powell…
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Silver price today: rises on January 13
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $85.74 per troy ounce, up 0.68% from the $85.17 it cost on Monday.Silver prices have increased…
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Indian Rupee trades lower ahead of US-India trade talks
The Indian Rupee (INR) trades lower against the US Dollar (USD) on Tuesday at around 90.50, ahead of trade talks between the United States (US) and India during the day. The…
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Consolidates below 1.3900 ahead of US CPI data
The USD/CAD pair lacks any firm intraday directional bias and oscillates in a narrow band below the 1.3900 mark heading into the European session on Tuesday. Spot prices, for now,…