Gold unlikely to fall much lower – Commerzbank
Strategists at Commerzbank discuss poor sentiment in the metals markets. No positive impetus for metal prices The market…
Forex
Dollar’s bounce not necessarily over yet – SocGen
Dollar’s bounce does not look done yet, Kit Juckes, Chief Global FX Strategist at Société Générale, says. Rate…
Pound Sterling clings to gains as traders unwind BoE rate-cut bets
The Pound Sterling (GBP) recovers swiftly as stubbornly high UK Consumer Price Index (CPI) data for December has…
Australian Dollar maintains position above the major level , focus on US housing data
The Australian Dollar (AUD) grapples to retrace its losses on Thursday that began on January 11. The robust…
US Retail Sales rose more than expected in December
Retail Sales in the US rose 0.6% on a monthly basis in December to $709.9 billion, the data…
Gold price bounces off weekly low to defend 50-day pivotal support, not out of the woods yet
Gold price (XAU/USD) remains under some selling pressure for the second straight day and maintains its offered tone…
USD/IDR set to move toward 15,000 by end-2024 – Standard Chartered
Economists at Standard Chartered analyze Indonesia’s macroeconomic outlook and share their forecast for the Rupiah (IDR.) 2024 GDP…
Swiss Franc gains against US Dollar despite latter’s indecision
The Swiss Franc (CHF) gained slightly on Friday against the US Dollar (USD) but weakened a quite a…
US: Surprisingly high inflation can hurt USD if monetary policy is perceived to be too dovish – Commerzbank
What does Thursday’s US inflation data tell us? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank,…
USD/KRW: Break above last month’s high of 1,327/1,330 essential to confirm a larger rally – SocGen
USD/KRW defends the 200-Day Moving Average (DMA) at 1,316. Economists at Société Générale analyze the pair’s outlook. November/December…