Category: Forex
Gold steadies as traders balance soft US inflation data...
Gold (XAU/USD) steadies on Wednesday, erasing intraday losses after softer-than-expected US Producer Price Index (PPI) data push t...
British Pound rallies as soft US PPI hits US Dollar
The Pound Sterling rises by some 0.60% against the US Dollar after the latest Producer Price Index (PPI) in the US showed prices e...
Fed Chair Warsh: Inflation will not be permanent
Federal Reserve (Fed) Chair Kevin Warsh said on Wednesday that current inflation pressure will not be permanent, while acknowledgi...
Pound Sterling Price News and Forecast: GBP/USD rallies...
The Pound Sterling rises by some 0.60% against the US Dollar after the latest Producer Price Index (PPI) in the US showed prices e...
Japanese Yen strengthens modestly but remains near mult...
The Japanese Yen (JPY) holds modest gains against the US Dollar (USD) on Wednesday but struggles to extend its recovery despite a ...
Dow Jones Industrial Average toasts peak inflation, the...
The Dow Jones Industrial Average (DJIA) spent most of Wednesday rewarding the disinflation trade and the final two hours dismantli...
Silver slips as hawkish Fed outlook persists despite so...
Silver (XAG/USD) trades on the back foot on Wednesday, struggling to capitalize on a weaker US Dollar (USD) as hawkish Federal Res...
Euro elevates as softer US PPI weighs on the Dollar
EUR/USD trades higher near the 1.1450 area on Wednesday as the US Dollar (USD) weakens following softer-than-expected United State...
Gold price slips as Iran escalation overshadows soft US...
The Gold price turns negative on Wednesday, even though the last two US inflation reports showed that prices are dropping, though ...
$4,000 under siege: Buyers losing the battle on Gold
The US Dollar (USD) is under strong selling pressure on Wednesday, yet action around XAU/USD is muted.
WTI hovers near one-month high as Hormuz supply risks r...
West Texas Intermediate (WTI) Crude Oil consolidates modest losses on Wednesday but stays close to a one-month high as escalating ...
Asia FX: Softer USD offset by high Oil – OCBC
OCBC’s Sim Moh Siong and Christopher Wong expect Asian FX to trade with a better tone after softer United States (US) core Consume...