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XAU/USD briefly surged to the $2,070 mark on Friday before falling back to initial daily levels. With interest rates at the highest level in 22 years, expectations for a possible…

Dollar Index Dips Below 102: Weakening US GDP results have pushed the Dollar Index below 102, threatening to test support near 101.50. A bounce is crucial at this level to…

Most currencies appear to be trading within a range, and the Dollar Index is stable, needing a further break past 102.5 to rise higher. The Euro is also stable within…

Data Calendar Before Christmas: Minimal data releases before Christmas, with a focus on NIER’s December survey in Sweden, particularly scrutinizing retail trade and private services price plans for signs of…

On Wednesday, the U.S. dollar demonstrated strength against a basket of currencies, fueled by a late-session sell-off on Wall Street that heightened the appeal of the U.S. currency as a…

The Dollar Index is holding above 102, but may have some room to fall to 101.50 before finally moving higher. The Euro has risen sharply towards 1.10 after the release…

The Dollar Index has risen well above 102 and may test 103-103.50 before breaking lower, while the Euro is bearish below 1.0965 for a fall towards 1.0850/1.08. EURJPY is heading…

Contrary to the vocal critics of the Federal Reserve, who contend that Chairman Powell’s policies may be fueling a resurgence of inflation through a renewed wealth effect, a closer examination…

The currency pairs are showing some recovery from last week’s moves. The Dollar Index has moved well above 102 and may test 103-103.50 before pulling back while the Euro may…

After an unexpectedly dovish pivot from Fed Chairman Jay Powell on Wednesday, European and U.S. markets ended another positive week on a very mixed note after New York Fed President…

In the dynamic landscape of international finance, the exchange rate between currencies plays a pivotal role in shaping economic relations between nations. One such pairing that has garnered significant attention…

The ECB kept rates unchanged but made no mention of rate cuts in 2024, in contrast to the FED’s dovish tone the day before. The ECB expects inflation to pick…

Yen surges, Euro, GBP rebound, Asia EMFX climbs The Dollar Index (DXY), which measures the greenback against a basket of six major currencies, fell 0.9% to 102.92 from 103.87, its…

It was widely expected that Fed Chairman Jay Powell’s main challenge yesterday would be to push back the idea that the Federal Reserve is ready to cut interest rates sharply…

The Dollar Index is trading within the 103-104.50 region while the Euro is bearish towards 1.07 and below 1.0850. US FOMC meeting tonight would be crucial to watch. Upside could…

After hitting fresh record highs yesterday, the DAX and CAC 40 ended the day lower as caution set in ahead of the final central bank meetings of 2023 today and…

US headline inflation fell to 3.1% as expected, thanks to a nearly 9% drop in gasoline prices since last year, although shelter inflation – where everyone sees the biggest potential…

Yesterday’s US November CPI was the last piece of the monetary puzzle before today’s Fed decision, but it didn’t change the global picture. At 0.1% M/M and 3.1% Y/Y (headline)…

The single European currency remains below the level of 1.08, as yesterday’s announcement on the course of consumer inflation in the United States did not surprise and was unable to…

European equity markets had a slow start to the week yesterday, closing slightly higher with the FTSE100 underperforming on concerns over weak demand from China. US markets were also resilient…