Fed’s Beige Book: Economic activity increases slightly to moderately at year-end
The Federal Reserve (Fed) commented in its latest Beige Book survey released on Wednesday that economic activity increased ...
A milder core CPI boosts investor sentiments
Investor spirits were lifted as 10-year Treasury yields plunged 13 basis points to 4.65%, temporarily loosening the recent ...
BoE’s Taylor: Central bank should cut rates pre-emptively
The Bank of England (BoE) policymaker Alan Taylor said on Wednesday that the BoE should move quickly to cut interest rates ...
USD/CAD holds below 1.4350 as US CPI data boosts Fed rate cut bets
USD/CAD softens to around 1.4335 in Thursday’s early Asian session. The cooler-than-expected US core CPI revives bets on Fed ...
Australia unemployment rate expected to rise slightly in December, labor market remains steady
The Australian Unemployment Rate stood between 4% and 4.2% between April and September 2024, and the decline to 3.9% in ...
Gold jumps as Fed rate cut bets increase beyond one move
Gold extends gains as US core inflation was better than expected, sparking a drop in Treasury yields. Traders now anticipate ...
Mexican Peso strengthens as Fed rate cut odds rise, USD slips
The Mexican Peso clings to earlier gains against the Greenback on Wednesday following the release of mixed United States (US) ...
Silver Price Forecast: XAG/USD rallies past 200 and 50-day SMAs
Silver's price stages a comeback, rising above the 50-day Simple Moving Average (SMA) at $30.32 and eyeing a break of the 100 ...
NZD/JPY Price Analysis: Fresh decline heightens downside risk
As for immediate levels to watch, a drop under 87.50 would place the 87.00 floor under scrutiny, potentially dragging NZD/JPY into deeper territory if selling picks up. In contrast, a clean break ...
BitMEX slapped with $100 million fine, accused of evading US financial laws
The US District Court for the Southern District of New York passed a sentence against BitMEX. This is not the crypto platform ...
GBP/USD Price Forecast: Edges up, stabilizes near 1.2250
The Pound Sterling posted modest gains on Wednesday after hit seesawing in a wide range of 1.2154 - 1.2306 during the day, ...
US Dollar gives up ground as markets asses inflation data
Core CPI rose by 3.2% over the same period, stepping down from November’s pace as monthly core inflation printed at 0.2%. The CME FedWatch Tool implies that investors have priced in a hold this month, ...