Stocks can’t hold gains and close down. S&P and NASDAQ have worst week since March

The major US stock indices traded above and below unchanged today in up-and-down trading, but Read More →

Gold Price Aiming for $1,930 as Dollar Retreats

XAU/USD rallied as the DXY retreated. The US data should be decisive later today. 1,930 Read More →

GBP/USD Price Analysis: Pound Slides on Dismal Sales Data

Data revealed that British retail sales grew less than anticipated in August. August marked the Read More →

USD/JPY Outlook: Yen Falls as BoJ Maintains Ultra-Easy Policy

The BOJ retained ultra-low interest rates and its dovish outlook. The yen depreciated by more Read More →

GBP/USD hangs near multi-month low, seems vulnerable below 1.2400 ahead of UK/US PMIs

Share: GBP/USD remains on the defensive and is pressured by a combination of factors. The Read More →

NZD/USD attracts sellers above 0.5900, focus on US PMI data

Share: NZD/USD attracts some sellers around 0.5925 amid the Fed’s hawkish stance. New Zealand’s Trade Read More →

ECB’s Lane: Inflation over 2% is costly for the economy

European Central Bank chief economist Lane spoke earlier: Now in Q&A Central banks try to Read More →

Japan August Inflation: CPI excluding fresh food & energy +4.3% y/y (prior +4.3%)

Core inflation, in at 3.1% vs. 3.0% expected and core-core (which strips away the effect Read More →

AUD/USD Outlook: Fed’s Hawkish Turn Keeps USD on the Rise

The Federal Reserve projected another rate increase by year-end. The Fed expects rates to decrease Read More →

GBP/USD Forecast: Pound Lingers at Recent Lows After UK CPI

Data indicated that UK inflation in August had slowed more than anticipated. Investors rushed to Read More →

USD/JPY surges above 148.40 amid the fear of intervention, BoJ rate decision eyed

Share: USD/JPY gains momentum near 148.41 following the Federal Reserve’s (Fed) hawkish stance. Fed kept Read More →

GBP/USD drops to fresh multi-month low amid sustained USD buying, ahead of BoE decision

Share: GBP/USD drifts lower for the second straight day and touches a fresh multi-month low. Read More →

Lower than expected UK CPI data, Bank of England policy decision today now close to 50/50

UK inflation data came in below the median estimate on Wednesday: Goldman Sachs had been Read More →

Australian LNG strikes – still no agreement between Chevron and Unions

Mediated talks between Chevron and Unions over disputes that have disrupted operations across 3 LNG Read More →

Gold Price Slightly Lowers as Fed Rate Decision Looms

The FOMC should shake the markets tonight. The bias remains bullish as long as it Read More →

USD/JPY Forecast: Dollar Stays Resilient in Wake of FOMC

Investors awaited the outcome of the two-day Fed meeting. US and Japanese authorities continued to Read More →

USD/CAD Price Analysis: Dollar Firms Up, Awaits Fed Decision

Investors believe the Fed will hold rates steady at 5.25% to 5.50%. Futures markets are Read More →

GBP/USD hangs near multi-month low, looks to UK CPI ahead of central bank event risks

Share: GBP/USD remains confined in a familiar trading band near a multi-month low. Expectations that Read More →

Gold Price Forecast: XAU/USD consolidates below two-week high at $1,937, Fed decision eyed

Share: Gold price trades sideways around $1,930 as the Fed’s decision looms. US Dollar (USD) Read More →

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