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 MoreASX: WDS Elliott Wave Analysis [Video]
In our Elliott Wave analysis of the Australian Stock Exchange (ASX) focusing on Woodside Energy Group Ltd (WDS),…
Read MoreUSD/MXN Approaches 16.60 Mark Before Mexico’s Jobless Rate and Trade Balance Data
USD/MXN moves closer to 16.60 ahead of Mexico’s Jobless Rate and Trade Balance data. The decline in US…
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 MoreAs per a recent analysis, Nikkei (NKD_F) seems poised to conclude its strong upward surge.
According to short-term Elliott Wave analysis on Nikkei (NKD), the index is anticipated to experience a retracement to…
Read MoreNZD/USD Seeks Temporary Support Below 0.6000; Downside Remains Likely
The NZD/USD pair found some support at around 0.5990 during the European session on Wednesday, signalling a potential…
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