Silver price gains ground due to trade repositions ahead of the US inflation data release on Wednesday. The US Consumer Price ...
The Australian Dollar (AUD) is under mild downward pressure; it could drift lower, but a sustained break below 0.6500 appears unlikely. In the longer run, there has been a tentative buildup in ...
The European single currency slips slightly below 1,06 level for the second time in the last 24 hours as the US currency continues to be in the spotlight.
The Pound Sterling (GBP) is expected to continue to decline, but it remains to be seen if the major support at 1.2665 is within reach today. Un the longer run, downward momentum has surged; the next ...
USD/MXN closes in on November high after bouncing from the base of a rising channel.
The headline Consumer Price Index (CPI) is expected to have risen by 0.2% in October and by 2.6% over the past 12 months, up from 2.4% in the prior month, fueling doubts over how much headroom the Fed ...
EUR/USD remains under pressure near 1.0600 in European trading on Wednesday. The pair faces headwinds from the US Dollar upsurge, Germany's political instability and a cautiou market mood, as traders ...
Barring a break above 1.0660, EUR could decline further to 1.0585 before stabilisation can be expected. In the longer run, ...
Core CPI MoM is the most important figure for markets and the Federal Reserve (Fed). The economic calendar points to an ...
On the data front, the BoJ’s preliminary report on Wednesday showed that Japan’s Producer Price Index (PPI) increased by 3.4% year-over-year in October, exceeding expected 3.0% and previous 3.1% ...
After hitting a record high of around $2,790 on October 30, gold entered a corrective phase due to US data suggesting that the Fed may need to slow down the pace of its future interest rate reductions ...