US CPI data Preview: Headline inflation set to steady in May, core inflation to inch down
The US Consumer Price Index is forecast to rise 3.4% YoY in May, at the same pace as…
Read MoreGold continues bearish tone on outlook for US interest rates
Gold rolls over after retesting key resistance as the outlook for US interest rates remains elevated. This keeps…
Read MoreEUR/USD slides further amid increasing uncertainty after EU election results
EUR/USD stays on the back foot near 1.0730 as the European Union’s political uncertainty weakens the Euro’s appeal.…
Read MoreEUR/USD approaches monthly high on improved market sentiment, subdued US Dollar
EUR/USD moves higher to 1.0800 as the appeal for risky assets improves. The ECB is expected to start reducing…
Read MoreGBP/USD Price Analysis: Climbs yet remain contained below 1.2600
GBP/USD edges higher on soft US Dollar, climbs above 200-DMA. If buyers reclaim 1.2600, look for a test…
Read MoreAUD/JPY hovers around 102.00 amid less hawkish RBA
AUD/JPY could continue its winning streak due to improved risk appetite. The Australian Dollar depreciated due to the less…
Read MoreIndia Gold price today: Gold falls, according to MCX data
Gold Prices Decline in India, According to MCX Data Gold prices in India dropped on Wednesday, based on…
Read MorePound Sterling falls due to US Dollar’s recovery, uncertainty ahead of BoE’s policy decision
The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain…
Read MoreUS Dollar clings to recovery gains as markets assess Fedspeak
What You Need to Know on Wednesday, May 8: The US Dollar (USD) remains strong against other currencies…
Read MoreEUR/USD advances as US Dollar slips amid firm Fed rate cut bets for September
EUR/USD rises to 1.0790 as the US Dollar edges down due to weak US data. ECB Stournaras sees the central…
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