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Pound Sterling Price News and Forecast: GBP/USD rebounds as US Dollar bulls fade despite hot Core PCE
The Pound Sterling (GBP) advances 0.22% against the US Dollar (USD) on Thursday, even though the US ...
Euro gains as US Dollar retreats despite firm PCE inflation, German sentiment improves slightly
The EUR/USD pair elevated slightly near 1.1380 trades with mild gains on Thursday, as the US Dollar ...
Canadian Dollar steadies as oil prices rise
USD/CAD inches higher after posting minor gains in the previous day, trading around 1.3950 during the Asian hours on Wednesday.
British Pound consolidates below 1.3400 vs USD amid fresh Iran tensions, ahead of US CPI
The GBP/USD pair struggles to capitalize on its recovery gains recorded over the past two days, from a three-week low, and oscillates in a narrow band during the Asian session on Wednesday.
Japanese Yen hangs near one-month low vs USD as Mideast tensions counter strong PPI print
The USD/JPY pair enters a bullish consolidation phase during the Asian session on Wednesday and moves little following the release of Japan's stronger-than-expected Producer Price Index (PPI).
Japanese Yen round-trips Tokyo's record intervention just in time for CPI
Six weeks ago Japan reportedly spent a record sum dragging this pair off exactly this shelf.
Forex Today: US CPI in focus as US Dollar holds steady amid Middle East war escalation
The US Dollar Index (DXY) trades with a cautious tone near the 99.90 region on Tuesday as investors position ahead of Wednesday's highly anticipated United States (US) Consumer Price Index (CPI) repor ...
Semiconductor Index outlook: Upside target reached, correction underway
In our May 26 update on the semiconductor index (SOX), we found, using the Elliott Wave Principle (EWP), that
18 consecutive months and running: China’s central bank extends Gold-buying spree
China’s central bank, one of the major Gold purchasers worldwide, continued to add the precious metal to its vaults in April, in a sign that demand from sovereigns remains high.
Japanese Yen weakens despite strong Japanese GDP
The USD/JPY pair is trading slightly higher on Tuesday as investors digest stronger Japanese growth figures while maintaining a cautious stance ahead of key United States (US) inflation data. The goph ...
Dow Jones Industrial Average futures round-trip rally as chip bounce fades into CPI
The Dow Jones Industrial Average (DJIA) spent Tuesday proving that a one-day bounce is not the same as a bottom.
Australian Dollar slips as weak consumer confidence offsets strong China trade data
The AUD/USD pair falls to near 0.7040 on Tuesday, as the Australian Dollar (AUD) failed to gain support from stronger-than-expected Chinese trade data released earlier in the Asian session.
Euro gains against US Dollar as Middle East tensions ease, US CPI in focus
EUR/USD trades on the front foot on Tuesday as tentative signs of de-escalation in the Middle East conflict weigh on safe-haven demand for the US Dollar (USD). Lower Oil prices are also supporting the ...
The equity supply trap has opened
Bloomberg macro strategist Simon White warns that rising equity issuance is a signal investors should not ignore. Historically, major peaks in gross issuance have often appeared near market tops, corr ...