Forex
USD/JPY Price Analysis: Advances steadily, hits four-week high shy of 158.00
The USD/JPY climbs to a four-week high yet it remains capped by intervention threats by Japanese authorities.
Crude Oil eases back on Wednesday, WTI falls back below $79 per barrel
West Texas Intermediate (WTI) US Crude Oil fell back on Wednesday, trimming recent gains and snapping a three-day bullish streak and falling back...
Crude oil futures settle at $79.23
Crude futures settle the day at $79.23. That is down -$0.60 or -0.75%.Looking at the daily chart, the price fell back below its...
Forex Today: Fed rate cut bets dominate the scene
The Greenback extended its recovery and printed fresh multi-day highs amidst the persistent move higher in US yields and shrinking bets of a...
Dow Jones Industrial Average tumbles over 400 points on Wednesday
The Dow Jones Industrial Average (DJIA) is broadly lower on Wednesday, shedding nearly 400 points and backsliding into 38,500.00.
Banxico: Sees average headline inflation at end of 2024 at 4% vs 3.5% previous
Bank of Mexico (Banxico) forecasts average annual headline inflation in Q4 2024 at 4.0% from prior estimate of 3.5%Bank of Mexico forecasts average...
Gold price tumbles on Wednesday as rising US yields boost Greenback
Gold prices slump on Wednesday amid rising US Treasury yields, boosting demand for the Greenback due to hawkish comments by a Federal Reserve...
AUD/JPY Price Analysis: Cross enters in consolidation phase, downturn likely momentary
In Wednesday's session, the AUD/JPY pair displayed signs of correction, retreating to the 104.30 mark following an earlier surge to 104.90.
Highlights of the National trends from the Fed’s beige book for May 2024
The Fed's Beige Book is an anecdotal review of the US economy. This month's beige book was paid by the Dallas Fed. Perusing...
Event Guide: U.S. Preliminary GDP for Q1 2024
The U.S. is dropping its first revisions to the Q1 2024 GDP! Will it prompt Fed members to revisit their “higher for longer”...
