Pound Sterling rises to 1.2700 against US Dollar on firm Fed rate-cut bets
The Pound Sterling performs stronger against the US Dollar as markets widely expect the Fed to deliver two…
Read MoreGerman IFO Business Climate Index declines to 88.6 vs. 89.7 expected
German IFO Business Climate Index retreated to 88.6 in June, pointing to a decline in business morale. EUR/USD…
Read MoreMexican Peso finds a floor as Obrador says Peso is backed by “strong economy”
The Mexican Peso bottoms out after falling to 18-month lows midweek. President Obrador hits back at critics and…
Read MoreJapanese Yen loses ground, while US Dollar remains stable ahead of Fed decision
The Japanese Yen edges lower as traders favor the US Dollar ahead of the Fed's interest rate decision.…
Read MoreUS 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 MoreBoJ’s Tamura: Uncertain About Rate Hikes, Focuses on Economic Factors
Naoki Tamura, a board member of the Bank of Japan (BoJ), shared insights on the central bank’s interest…
Read MoreGold Price’s Intraday Direction Remains Uncertain Amid Mixed Signals, Stays Below $2,200
Gold prices are struggling to find a clear direction amidst conflicting signals in the market. The uncertainty stems…
Read MoreGold Prices Surge as Fed Stays Optimistic on Inflation Easing
Gold prices surged to $2,190 as the US dollar weakened, driven by anticipation surrounding the upcoming US core…
Read MoreJPY’s Recovery Hinges on Lower US Rates, ING Analysis Shows
The current situation indicates that any potential improvement in the Japanese Yen’s value relies heavily on a decrease…
Read MoreAnother Challenging Week Ahead for Dollar Bears – ING
Looking forward to the upcoming holiday-shortened week, analysts at ING are anticipating a solid print on US inflation,…
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