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Markets
New Zealand Dollar rebounds to near 0.5600, RBNZ rate cut looms
The NZD/USD pair trades with mild gains near 0.5590 during the early Asian trading hours on Friday. However, the potential upside for the pair might be limited amid the prospect of…
Gold holds steady below $4,100 as Fed rate cut bets fade
Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal…
Japan’s National CPI rises 3.0% YoY in October, Core CPI climbs as expected
Japan’s National Consumer Price Index (CPI) rose by 3.0% YoY in October, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics…
Australia’s S&P Global Manufacturing PMI rises to 51.6 in November
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 51.6 in November versus 49.7 prior, the latest data published by…
EUR/USD flat near 1.1540 as NFP surprise bolsters dovish Fed bets
EUR/USD holds firm on Thursday after an outstanding jobs report in the United States (US), hinting that the labor market remains solid, despite softening during the second half of…
Inflation seems to have stalled
Federal Reserve Bank of Chicago President Austan Goolsbee spoke at the Chartered Financial Analyst Society of Indianapolis Annual Lunch on Thursday. He said that inflation seems to…
Dow Jones flops as headwinds mount, declines 300 points
The Dow Jones started Thursday off on a high note. The major equity index soared 725 points in the early hours before promptly reversing course at 1545 GMT (1045 EST) and sinking…
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FX Today: It’s PMI-day!
The US Dollar (USD) kept its upside impulse well in place for yet another day on Thursday, this time climbing to the area of six-month highs backed by declining bets for another…
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