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- The USD Index remains firmly underpinned by supportive technical and fundamental drivers.
- EUR/USD Remains Under Pressure as Stronger Dollar and Rising Oil Prices Weigh; US CPI in Spotlight
- AUD/USD Recovery Attempts Remain Limited as 0.7000 Caps Upside Momentum
- USD/JPY Lacks Clear Directional Signals, with a Slight Bullish Bias
- EUR/USD: Bears target 1.10 as consolidation may precede another leg lower
- GOLD – A decisive move through base support strengthens signals for further downside continuation
- US Dollar Firms as Markets Await FOMC Meeting Minutes
- Oil Prices Advance as Geopolitical Risks Heighten Supply Concerns
- USD/JPY Recovery Attempts Face Headwinds from Death Cross and Descending Daily Cloud
- Gold Under Pressure as Bear Trendline Keeps Sellers in Control
USDJPY retreats from a fresh multi-decade high amid suspected market intervention
USDJPY surpassed the psychological 160 barrier and reached a new multi-decade high early Monday. This was followed by a sharp decline to the 155.00 area, possibly due to suspected market intervention.
The recent decline breached a key…
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US inflation increased as expected in March – PCE
The Personal Consumption Expenditures (PCE) price index, a key inflation gauge favored by the Federal Reserve for its 2% target, increased by 0.3% month-over-month in March, matching the previous month's rate and…
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USDJPY climbs above 156 as the Bank of Japan maintains interest rates
USDJPY reached a new 34-year high on Friday, driven by the Bank of Japan's decision to keep its ultra-low interest rates unchanged and the lack of clear guidance on the timing of the next rate hike, which further…
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The Bank of Japan has maintained its ultra-low interest rates as anticipated
The Bank of Japan decided to keep its ultra-low interest rates steady, a widely anticipated move, and conveyed growing confidence in meeting its 2% inflation target in the coming years.
As expected, the BOJ maintained its ultra-low…
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Gold stays favorable while holding above $2300; key U.S. data is being watched for new signals
Gold prices are trading within a tight range on Wednesday, following a nearly 3% drop over the last two days. This movement breached the psychological $2300 support level, but it failed to sustain a lower break, held back by the daily…
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German business sentiment improves beyond expectations in April – Ifo report
The Ifo survey revealed that German business morale improved more than expected in April, according to data released on Wednesday.
The Ifo institute reported that its business climate index increased to 89.4…
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Australia’s inflation eased less than anticipated in the first quarter, dampening hopes for a…
Australian consumer price inflation moderated less than expected in the first quarter, largely due to persistent pressures on service costs, which disappointed policymakers. Here's a summary of the recent…
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US business activity decelerates in April – PMI
The data released on Tuesday reveals a slowdown in U.S. business activity in April, reaching a four-month low due to weakened demand. However, there is a slight easing of inflation rates, providing potential relief as the Federal Reserve…
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The British pound rebounds following strong economic data and a hawkish stance from the Bank of…
The British pound rebounded from a new multi-month low on Tuesday, buoyed by stronger-than-expected UK services PMI data and a hawkish stance from Bank of England policymakers. They indicated a potential delay in rate cuts, viewing an early…
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The FTSE100 reaches a new all-time high
The FTSE 100 index set a slightly higher record on Tuesday, continuing its strong bullish momentum for the third consecutive day.
Significant gains in UK defense stocks, food producers, and retailers, combined…
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