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 →

Japan’s August exports and imports both fell y/y, not as much as expected

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

Shanghai Securities News says the PBOC has space to further cut the RRR this year

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

USD/CAD Price Breaks 1.35 as Sellers Mount Ahead of CPI

USD/CAD Aims At 1.3400, Canadian CPI … The Canadian inflation figures should move the rate. Read More →

USD/JPY Price Analysis: BOJ to Sustain Rates, Monetary Stimulus

The Bank of Japan (BOJ) is gearing up for its monetary policy meeting. The yen Read More →

Copper prices struggling as Chinese demand continues to lag

Share: Copper down to $8,375 per ton, or $8.30 per kilogram. Copper has come under Read More →

NZD/USD sticks to modest gains below mid-0.5900, Fed rate decision, New Zealand GDP eyed

Share: NZD/USD edges higher to 0.5920, gaining 0.08% on the day. A Federal Reserve (Fed) Read More →

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