Friday , 10 January 2025

Forex

Forex

OPEC sticks to forecast for strong demand growth this year

Oil prices have rebounded from earlier losses and are trading up $0.54 to $78.46. Crude had traded as low as $77.34 in the...

Forex

Gold Price Forecast: XAU/USD to trend higher to $2,250 – UBS

Equities are not the only assets hitting all-time highs. Gold has been reaching record levels through the last few days.

Forex

US equities soar as the AI trade resumes

There is no fear of another round of Fed hikes in the stock market.Rather than fretting about higher rates, the market appears to...

Forex

Oil flat with markets digesting OPEC report

Oil prices are turning flat after a volatile ride on the release of the monthly OPEC report. Biggest catalyst in the report that pushes...

Forex

AUD/USD retreats to 0.6600 on hot US Inflation data

The AUD/USD pair falls to the round-level support of 0.6600 as the hotter-than-expectations United States Consumer Price Index (CPI) data for February has...

Forex

USDCAD moves higher but runs into moving average resistance targets

The USDCAD extended higher today helped by the US CPI, but the price action reached out for its 100 bar moving average on...

Forex

The breadth of US inflation pressure narrowed – RBC

The US inflation report today was hot but the market has struggled to parse it. The core reading rose 0.4% month-over-month compared to...

Forex

FOMC to embark on a “typical” rate cutting cycle – ANZ

Economists at ANZ Bank have a summer cut – July – pencilled in for the Federal Reserve.

Forex

CIBC: Analyzing the implications of February’s US CPI report for the Fed

CIBC discusses the latest US CPI data for February, highlighting that the report, while above consensus, does not necessitate alarm regarding inflation trends....

Forex

USD/JPY Price Analysis: Possibly in a sweet spot for sellers

USD/JPY rebounds after the release of higher-than-forecast US Consumer Price Index (CPI) data for February.