Share: The US Dollar is trading soft against its rivals and seems to be consolidating the last session’s gains. The Core PCE from September matched expectations at 3.7% YoY. The US bond yields are mixed, while dovish bets on the Fed remain high. Focus now shifts to next week’s Fed decision. The US
Share: Gold price remains sideways as the US core PCE inflation reading was in line with estimates. The downside in the Gold price remains cushioned by escalating tensions in the Israel-Palestine conflict. US Yellen sees Treasury yields elevated on Fed’s “higher for longer” interest rates outlook. Gold price (XAU/USD) trades in a tight range
AUSTRALIAN DOLLAR PRICE, CHARTS AND ANALYSIS: Most Read: Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ (Top Trade Q4) Elevate your trading skills and gain a competitive edge. Get your hands on the Aussie Dollar Q4 outlook today for exclusive insights into key market catalysts that should be on
Share: Pound Sterling dropped after data showed that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests a weakening household’ spending, which is the main driver of the UK economy. The Bank of England is widely expected to leave interest rates unchanged. The Pound Sterling (GBP) retreated after the
Share: Gold price extends upside as Israel prepares to attack Hamas group. Fed Chair Powell supported neutral interest rates amid higher US bond yields. 10-year US Treasury yields jump above 4.9% amid unsustainable Congress budget deficits. Gold price (XAU/USD) rose sharply as Middle East tensions kept escalating and the Federal Reserve (Fed) Chair
Share: Even though it looked during the course of the week as if EUR/CHF might recover that is not going to be the case for now. Economists at Commerzbank analyze the pair’s outlook. SNB is likely to tolerate the strong Franc As long as the conflict in the Middle East is brewing and
New Zealand Dollar, NZD/USD, CPI – Market Update: Recommended by Daniel Dubrovsky Get Your Free USD Forecast The New Zealand Dollar cautiously weakened in the aftermath of local inflation data. During the third quarter, New Zealand’s Consumer Price Index (CPI) grew by 5.6% compared to a year ago. This was slower than the 5.9% anticipated
Geez, Janet Yellen is short The European Central Bank is eyeing energy prices and fallout from the Israel-Hamas conflict, President Christine Lagarde told euro-area finance ministers, according to people familiar with the matter cited by Bloomberg. WTI crude oil is down 72-cents today to $86.97. It was around this time two years ago that Lagarde
Italy Consumer Price Index (EU Norm) (MoM) meets expectations (1.7%) in September لینک منبع : هوشمند نیوز
© Reuters. FILE PHOTO: The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar touched a one-week high against a basket of currencies on Friday, extending its gains from the previous session when
