Friday , 10 January 2025

Forex

Forex

USDCHF buyers make a play after the US CPI data. Can they keep the momentum going?

The price action in the USDCHF has seen up-and-down volatility after the US CPI report. On the downside, the price did extend briefly...

PBoC will continue to buy Gold in the coming months – Commerzbank
Forex

PBoC will continue to buy Gold in the coming months – Commerzbank

Economists at Commerzbank expect the Gold price to remain supported as the PBoC is set to continue buying Gold.

Pound Sterling tumbles on weak UK Employment, hot US Inflation data
Forex

Pound Sterling tumbles on weak UK Employment, hot US Inflation data

The Pound Sterling (GBP) witnesses an intense sell-off in Tuesday’s early American session as the United States Bureau of Labor Statistics (BLS) has reported a...

New Zealand Dollar weakens against US Dollar after US CPI beats estimates
Forex

New Zealand Dollar weakens against US Dollar after US CPI beats estimates

The New Zealand Dollar trades lower against the US Dollar on Tuesday after the release of US Consumer Price Index (CPI) data for...

EUR/USD trades lower after US CPI shows stubbornly high inflation
Forex

EUR/USD trades lower after US CPI shows stubbornly high inflation

EUR/USD declines to the lower 1.0900s on Tuesday during the US session after the release of US Consumer Price Index (CPI) inflation data showed inflationary pressures...

Will CPI data drive stocks higher again?
Forex

Will CPI data drive stocks higher again?

Stock prices were little-changed on Monday, with the S&P 500 index dropping by 0.11% vs.

Forex

Nasdaq Composite Technical Analysis

Yesterday, the Nasdaq Composite ended another day negative as the market was caught between the uncertainty around the labour market following the NFP...

Forex

Kickstart the FX trading day for March 12 with technical look at EURUSD, USDJPY & GBPUSD

The USD moved higher initially after the US CPI data came in higher-than-expected, but gains in the greenback have been pared back. In...

Forex

US dollar is all over the place after a hot CPI reading

The US dollar has made three separate moves after today's US inflation report showed prices rising faster than anticipated. The first move was...

Breaking: US CPI inflation rises to 3.2% in February vs. 3.1% expected
Forex

Breaking: US CPI inflation rises to 3.2% in February vs. 3.1% expected

The high-impact US Consumer Price Index (CPI) inflation data for February will be published by the Bureau of Labor Statistics (BLS) on Tuesday...