EUR/USD Hovers Near Two-Month Low, Remains Vulnerable Below Mid-1.0900s Ahead of US CPI The EUR/USD pair remains confined to a tight range below the mid-1.0900s during Thursday’s Asian session, consolidating its recent losses after hitting a nearly two-month low the
US CPI Inflation Data Could Shape Market Expectations for Fed Rate Decisions The U.S. Bureau of Labor Statistics (BLS) is set to release the eagerly awaited Consumer Price Index (CPI) inflation data for September on Thursday at 12:30 GMT. The
Japanese Yen Weakens Amid Fading Hopes for BoJ Rate Hikes, FOMC Minutes in Focus The Japanese Yen (JPY) continued to drift lower against the US Dollar (USD) on Wednesday, approaching levels last seen in mid-August. Recent economic data from Japan
New Zealand Dollar Hits Seven-Week Low After RBNZ Cuts Interest Rate by 50 bps The New Zealand Dollar (NZD) has dropped to its lowest level since mid-August, following the Reserve Bank of New Zealand’s (RBNZ) decision to cut the Official
USD/CHF Gains Momentum Above 0.8550 Ahead of FOMC Minutes The USD/CHF pair is trading higher, hovering around 0.8575 during early European trading on Wednesday. This strength comes from a firmer US Dollar (USD), supported by fading expectations of aggressive rate
WTI Rises Above $76.50 Amid Concerns Over Middle East Oil Production Disruptions West Texas Intermediate (WTI), the US crude oil benchmark, is trading near $76.85 on Thursday, continuing its upward momentum as geopolitical tensions in the Middle East intensify. Concerns
Australian Dollar Slips as China Holds Back on Major Stimulus Measures The Australian Dollar (AUD) extended its decline on Tuesday, pressured by comments from the National Development and Reform Commission (NDRC) of China. During a press conference, China’s state planner
EUR/USD Climbs Above 1.0950 Ahead of German Industrial Data Release The EUR/USD pair continues its upward movement, reaching around 1.0985 on Tuesday during early European trading. The pair is benefiting from a slight weakening of the US Dollar (USD). However,
Gold Price Slips to $2,640, Holds Above Friday’s Post-NFP Low and Trading Range Support Gold (XAU/USD) faced fresh selling pressure on Monday, dropping to a daily low of around $2,640 as the European session approached. The US Dollar (USD) remains
EUR/USD Hovers Near Mid-August Lows, Remains Vulnerable Around 1.0975 The EUR/USD pair starts the week on a subdued note, consolidating last week’s sharp losses, which brought it to its lowest level since mid-August following strong US employment data on Friday.
WTI Crude Oil Rises to $73.50 Amid Middle-East Tensions and Potential Supply Disruption West Texas Intermediate (WTI) crude oil continues its upward trend for the fourth consecutive day, trading near $73.50 per barrel during Friday’s Asian session. The rise in
Gold Price Nears Weekly High Amid Softer USD; Focus Shifts to US NFP Report Gold (XAU/USD) gained momentum on Friday, climbing toward the $2,668 mark, near its weekly high, as the US Dollar (USD) slightly retreats from the one-month peak
