The Latest Forex News Live Today:
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EUR/GBP depreciates to near 0.8600 after mixed Eurozone and UK PMI figures
Apr 23, 2024 | 01:45 amThe EUR/GBP cross pared its daily gains, trading lower around 0.8620 in European hours on Tuesday.
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UK Preliminary Services PMI jumps to 54.9 in April vs. 53.0 expected
Apr 23, 2024 | 01:32 amThe seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) fell sharply from 50.3 in March to 48.7 in April, missing the estimated 50.3 reading.
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United Kingdom S&P Global/CIPS Composite PMI climbed from previous 52.8 to 54 in April
Apr 23, 2024 | 01:30 amUnited Kingdom S&P Global/CIPS Composite PMI climbed from previous 52.8 to 54 in April
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USD/CAD Price Analysis: Remains subdued near 1.3700 as US Dollar slips
Apr 23, 2024 | 01:30 amThe USD/CAD pair remains feeble near the round-level support of 1.3700 in Tuesday’s European session.
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United Kingdom S&P Global/CIPS Manufacturing PMI registered at 48.7, below expectations (50.3) in April
Apr 23, 2024 | 01:30 amUnited Kingdom S&P Global/CIPS Manufacturing PMI registered at 48.7, below expectations (50.3) in April
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United Kingdom S&P Global/CIPS Services PMI registered at 54.9 above expectations (53) in April
Apr 23, 2024 | 01:30 amUnited Kingdom S&P Global/CIPS Services PMI registered at 54.9 above expectations (53) in April
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Pound Sterling eyes more downside on firm BoE rate cut prospects
Apr 23, 2024 | 01:23 amThe Pound Sterling (GBP) remains vulnerable at around 1.2300 in Monday’s London session.
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EUR/USD ticks lower after release of Eurozone PMIs
Apr 23, 2024 | 01:17 amEUR/USD extends its holding pattern of the last few days, trading in the mid 1.0600s on Tuesday, prior to the release of potentially market-moving purchasing manager survey data.
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Gold price remains depressed near $2,300, over two-week low amid easing Middle East tensions
Apr 23, 2024 | 01:14 amGold price (XAU/USD) plunged over 2% on Monday and registered its biggest daily loss since June 13, 2022, amid receding fears about a wider Middle East conflict, which dented demand for traditional safe-haven assets.
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India Gold price today: Gold falls, according to MCX data
Apr 23, 2024 | 01:11 amGold prices fell in India on Tuesday, according to data from India's Multi Commodity Exchange (MCX).
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Eurozone Preliminary Manufacturing PMI drops to 45.6 in April vs. 46.5 expected
Apr 23, 2024 | 01:02 amThe Eurozone manufacturing sector activity contraction unexpectedly deepened while the services sector continued to expand in April, according to the data from the HCOB's latest purchasing managers index survey released on Tuesday.
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US S&P Global PMIs Preview: Economic expansion set to keep momentum in April
Apr 23, 2024 | 01:00 amS&P Global will release the flash estimates of the United States (US) Purchasing Managers Indexes (PMIs) for April on Tuesday, a survey that measures business activity throughout the month.
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Eurozone HCOB Manufacturing PMI registered at 45.6, below expectations (46.5) in April
Apr 23, 2024 | 01:00 amEurozone HCOB Manufacturing PMI registered at 45.6, below expectations (46.5) in April
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Eurozone HCOB Composite PMI registered at 51.4 above expectations (50.8) in April
Apr 23, 2024 | 01:00 amEurozone HCOB Composite PMI registered at 51.4 above expectations (50.8) in April
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Eurozone HCOB Services PMI came in at 52.9, above expectations (51.8) in April
Apr 23, 2024 | 01:00 amEurozone HCOB Services PMI came in at 52.9, above expectations (51.8) in April
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Analog Devices Inc.(ADI) Elliott Wave technical analysis [Video]
Apr 23, 2024 | 00:48 amFunction: Counter Trend. Mode: Corrective. Structure: Flat.
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ECB's de Guindos: Barring any surprises, June rate cut is a 'fait accompli'
Apr 23, 2024 | 00:41 amEuropean Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “barring any surprises, the June rate cut is a 'fait accompli'.” Additional quotes But have to be very cautious about what comes afterwards.
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Australian Dollar remains steady amid a stable US Dollar, focus on PMI data
Apr 23, 2024 | 00:39 amThe Australian Dollar (AUD) continues its upward trajectory for the second consecutive session on Tuesday, buoyed by improved risk appetite.
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German Preliminary Manufacturing PMI rises to 42.2 in April vs. 42.8 expected
Apr 23, 2024 | 00:32 amGermany’s manufacturing sector witnessed some improvement in the contraction in April while the services sector outperformed, the preliminary business activity report published by the HCOB survey showed Tuesday.
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Germany HCOB Composite PMI above forecasts (48.6) in April: Actual (50.5)
Apr 23, 2024 | 00:30 amGermany HCOB Composite PMI above forecasts (48.6) in April: Actual (50.5)
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Germany HCOB Manufacturing PMI came in at 42.2, below expectations (42.8) in April
Apr 23, 2024 | 00:30 amGermany HCOB Manufacturing PMI came in at 42.2, below expectations (42.8) in April
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Germany HCOB Services PMI registered at 53.3 above expectations (50.6) in April
Apr 23, 2024 | 00:30 amGermany HCOB Services PMI registered at 53.3 above expectations (50.6) in April
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Forex Today: Major pairs stabilize ahead of key PMI data
Apr 23, 2024 | 00:30 amHere is what you need to know on Tuesday, April 23: Major currency pair fluctuate in relatively tight channels early Tuesday as investors await key data releases.
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USD/INR loses traction ahead of US PMI data
Apr 23, 2024 | 00:22 amThe Indian Rupee (INR) gains ground on Tuesday, backed by likely equity inflows and US Dollar (USD) sales from state-run banks.
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AUD/JPY edges lower despite upbeat Aussie Composite PMI, Australian Monthly CPI eyed
Apr 23, 2024 | 00:17 amAUD/JPY loses ground on Tuesday following gains in the previous session. However, the prevailing optimistic mood may lend support to the Australian Dollar (AUD),
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USD/CHF holds positive ground above 0.9100, eyes on US PMI data
Apr 23, 2024 | 00:16 amThe USD/CHF pair trades on a stronger note for the second consecutive day around 0.9125 during the early European session on Tuesday.
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France HCOB Composite PMI rose from previous 48.3 to 49.9 in April
Apr 23, 2024 | 00:15 amFrance HCOB Composite PMI rose from previous 48.3 to 49.9 in April
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France HCOB Services PMI came in at 50.5, above expectations (48.9) in April
Apr 23, 2024 | 00:15 amFrance HCOB Services PMI came in at 50.5, above expectations (48.9) in April
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France HCOB Manufacturing PMI registered at 44.9, below expectations (46.9) in April
Apr 23, 2024 | 00:15 amFrance HCOB Manufacturing PMI registered at 44.9, below expectations (46.9) in April
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Japanese Yen struggles to lure buyers amid divergent BoJ-Fed policy expectations
Apr 22, 2024 | 23:38 pmThe Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Tuesday and recovers a major part of the previous day's losses to a fresh 34-year low, though any meaningful recovery still seems elusive.
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Aussie dollar trades back above US$0.64
Apr 22, 2024 | 17:00 pmAUD - Australian dollar The Australian dollar is stronger this morning when valued against the Greenback, currently trading at 0.6446 at time of writing. The Aussie dollar yesterday fared better than most of its rival counterparts against the Greenback partly because commodities, which Australia is a major exporter of, are holding their value better than expected. The supportive effect may not last, however, since Iron Ore, which is Australia’s largest export, could be peaking and about to roll over. The Australian dollar may encounter challenges ahead, particularly as domestic inflation continues to moderate, aligning with the Reserve Bank of Australia's (RBA) latest forecasts. Furthermore, the persistently tight labour market could lead to calls for an RBA rate reduction before the year's end. On the data front, today we will see the release of the Purchasing Managers' Index (PMI). On Wednesday, the Australian Bureau of Statistics will release the latest Consumer Price Index (CPI), which is expected to increase from 0.6% to 0.8% for the last quarter. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Finally on Friday we will see the release of the Producer Price Index (PPI). Key Movers US equities on Monday opened higher in the early going, but there have been frequent bouts of strength in the latest six-day losing streak that have ultimately been overwhelmed by sellers. In early trading, the index is up 20 points, or 0.45%, which is a tad softer than futures indicated. 10-year US Treasury yields jump to 4.64% as Federal Reserve (Fed) policymakers argue that the current restrictive monetary policy framework is appropriate given strong labor demand and stubbornly higher price pressures. On the data front, the Chicago Fed National Activity Index (CFNAI) rose to +0.15 in March from +0.09 in February. Two of the four broad categories of indicators used to construct the index increased from February and two categories made positive contributions in March. The Chicago Fed's National Activity Index is a monthly indicator designed to gauge overall economic activity and related inflationary pressure. The personal consumption and housing category's contribution to CFNAI was -0.01 in March, down from +0.02 in February, the Chicago Fed said on Monday. Looking ahead for the rest of the week and Federal Reserve officials will begin its blackout period ahead of the May 1 meeting. However, April PMIs and housing data will be released by S&P Global. Expected RangesAUD/USD: 0.6350 - 0.6550 ▲AUD/EUR: 0.5950 - 0.6150 ▲GBP/AUD: 1.9050 - 1.9250 ▼AUD/NZD: 1.0800 - 1.1000 ▲AUD/CAD: 0.8750 - 0.8950 ▼
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Aussie dollar trades below US$0.64
Apr 21, 2024 | 17:00 pmAUD - Australian dollar The Australian dollar is weaker this morning when valued against the Greenback currently trading at 0.6411 at the time of writing. The Aussie dollar fell on Friday below 0.6400 as riskier assets faced pressure due to heightened geopolitical risk across financial markets. Last week on the local front Australia's unemployment rate rose slightly to 3.8 per cent after 6600 jobs were lost in March, a stronger-than-expected result that will likely end any chance of a mid-year interest rate cut. The jobless rate, revealed today by the Australian Bureau of Statistics, is only a marginal increase on last month's surprisingly low figure of 3.7 per cent and slightly better than market forecasts of a larger rise to 3.9 per cent. A tight labour market means the Reserve Bank is unlikely to pull the trigger on an interest rate cut until towards the end of the year. Looking ahead to this week and today we will see the release of the Flash Manufacturing PMI. A survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories. On Wednesday the Australian Bureau of Statistics will release the latest Consumer Price Index (CPI) which is expected to increase from 0.6% to 0.8% for the last quarter. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Finally, on Friday we will see the release of the Producer Price Index (PPI). Key Movers The US dollar Index (DXY) is currently trading at 106.09, a mild loss from its recent peak of 106.35. Despite this, the index remains geared toward testing its November 1 high of 107.10. The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength that is driving the economy. Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 212,000 for the week ended April 13, the Labor Department said on Thursday. Labor market resilience, together with elevated inflation have led financial markets and some economists to expect that the Federal Reserve could delay cutting interest rates until September. A few economists doubt that the U.S. central bank will lower borrowing costs this year. The Pound Sterling tumbled against the US dollar during the mid-North American session on Friday after a volatile trading day due to geopolitical risks. The GBP/USD currently trades at 1.2367, down 0.49%. British Retail Sales showed signs of stagnation during the European session in March compared to February’s reading. Analysts were expecting sales to grow 0.3% MoM, which came at 0%, while core sales tumbled from 0.3% to -0.3%. On an annual basis, the Office for National Statistics (ONS) revealed that sales rose by 0.8%, which is up from a drop of -0.3% in February. Expected RangesAUD/USD: 0.6300 - 0.6500 ▼AUD/EUR: 0.5900 - 0.6100 ▼GBP/AUD: 1.9150 - 1.9350 ▲AUD/NZD: 1.0800 - 1.1000 ▲AUD/CAD: 0.8700 - 0.8900 ▼
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Aussie slides on prospect of US rate hike
Apr 18, 2024 | 17:00 pmAUD - Australian dollar The AUD is lower this morning having given up a quarter percent amid higher US treasury yields and a hawkish Federal Reserve. Domestic employment data did little to move the AUD with unemployment rate edging higher, up to 3.8%, yet holding onto most of the decline seen in February when the rate fell from 4.1% to 3.7%. If we exclude January as a seasonal outlier the unemployment rate has tracked below 4% through the last two years, suggesting there is resilience within the labour force despite signs employment growth is stalling. This latest print does little to alter market expectations for RBA monetary policy and we are still looking toward a possible cut in Q4. Having tracked between US$0.6440 and US$0.6450, the AUD then fell through overnight trade amid the prospect of a potential US rate hike. Fed policy makers made clear that if inflation remained sticky and the data indicated a rate hike was needed to bring inflation back to target then that is what they would do. Having slipped below US$0.6420 the AUD tracked sideways into this morning’s open and currently trades at US$0.6419. With no domestic data on hand to drive direction we look to Japan CPI and UK retails sales as the only items of note on the macroeconomic calendar. US yields will continue to determine direction and we anticipate the AUD will remain on the back foot next week. Key Movers The US dollar is stronger this morning having reversed losses suffered through trade on Wednesday amid hawkish Fed commentary and a general risk-off tone. Yields pushed higher after NY Fed President and FOMC member Williams suggested another rate hike was not out of the question, stating “monetary policy is in a good place, I am in no hurry to cut interest rates and if the data are telling us that we need higher interest rates to bring inflation back to target then we obviously want to do that”. With USD again on the front foot, the euro slid back below 1.0650, while sterling gave up 1.2450 and the yen again gave up 154.50 and appears poised to break through 155. US treasury Secretary Yellen and the Finance Ministers of Japan and Korea met to discuss the recent and sharp depreciation of the yen and the won, offering a joint statement acknowledging the US would not stand in the way of any official currency intervention. Upon release of the statement the yen tracked higher, but Treasury yields carried the day and the USD recovered losses and is back near 154.70 on open this morning. Our attentions turn now to Japanese CPI data and UK retail sales data as the only tier one data headlining an otherwise quiet macroeconomic calendar. Expected RangesAUD/USD: 0.6380 - 0.6500 ▼AUD/EUR: 0.6000 - 0.6100 ▼GBP/AUD: 1.9250 - 1.9500 ▲AUD/NZD: 1.0820 - 1.0920 ▼AUD/CAD: 0.8800 - 0.8900 ▼
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Forex Today: Stocks Tumble – Sell in May and Go Away?
Apr 18, 2024 | 00:27 amStocks Make Deepest Pullback in Months; Precious Metals Remain Strong; Dollar Weakens After G7 Statement; Several Trends May Be Reversing
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AUD finds support as market ignores risk off tone
Apr 17, 2024 | 17:00 pmAUD - Australian dollar The Australian dollar outperformed through trade on Wednesday, pushing back against recent losses to break above US$0.6450. Commodity currencies were well supported as currency markets ignored a broader risk-off mood and instead forced the USD lower amid a steady fall in treasury yields across the curve. With the USD on the back foot, the AUD found support in higher iron ore prices and stability across the Chinese yuan daily fixing. PBOC officials set a rate largely unchanged from the week's earlier downward revision helping stabilise the yuan and limiting the negative spillover into the AUD as a proxy. Reports of increased activity across China’s steel mills help drive a 5.5% increase in iron ore prices and a break back above $115, adding a floor under the AUD at US$0.64 for the day. Our attention now turns to domestic labour market data for March. Stability across the employment landscape will give the RBA confidence in maintaining the current policy setting and may lend support to the AUD ahead of US jobless claims and commentary from 3 key Fed officials. Key Movers The euro was the day's notable outperformer Wednesday up half a percent and back through 1.0650, marking session highs at 1.0670. European Central Bank President Christine Lagarde paved the way for the Euro advance, suggesting there were clear signs of a euro area recovery and that the Bank was closely monitoring the exchange rate and its potential impact on the euro and inflation. While euro bonds fell, US treasuries also retreated and markets appeared content in ignoring a broader risk-off tone, forcing the USD lower against most major counterparts. UK yields rallied after a stronger-than-expected UK CPI inflation print, driven by a surprise uptick in services inflation. While Governor Bailey suggested he expected a significant correction in next month’s numbers, market pricing for BoE policy change barely shifted with a first full cut not priced in until September, leaving August an outside chance should policymakers choose to move early. Sterling edged higher against the USD, pushing back above 1.2450, yet falling short of a break above 1.25. Our focus now turns to US jobless claims and commentary from key ECB and Fed officials. Expected RangesAUD/USD: 0.6380 - 0.6500 ▲AUD/EUR: 0.6000 - 0.6100 ▼GBP/AUD: 1.9200 - 1.9500 ▼AUD/NZD: 1.0800 - 1.0900 ▲AUD/CAD: 0.8800 - 0.8900 ▲
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Bitcoin Halving: Will it Trigger a Market Frenzy?
Apr 17, 2024 | 04:41 amBitcoin is all over the news, as “Bitcoin halving” is expected to occur on Friday, April 19. What is Bitcoin halving and how will it affect the price of Bitcoin?
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Forex Today: US Yields Rise on Powell Cut Delay Signal
Apr 17, 2024 | 02:00 amFed Chair Powell Says Inflation Falling Too Slowly; Israel Hints at Soft Retaliation, Crude Oil Weaker; USD/JPY Reaches New 34-Year High at ¥154.79; UK CPI Higher Than Expected; Bitcoin Close to Halving
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AUD slide continues on heels of softer yuan spills
Apr 16, 2024 | 17:00 pmAUD - Australian dollar Another day and another move lower for the AUD as ongoing weakness across equity markets, a risk-off tone and a lower fixing by the People's Bank of China forced the AUD to mark fresh 2024 lows. The AUD slid through supports at US$0.6440/50 tumbling toward US$US0.64 after the People's Bank of China set a lower fix for the CNY, suggesting there is some flexibility for the yuan to depreciate against the USD in line with markets and yield performance. While state banks sold USD to limit CNY losses the move weighed on the AUD as a proxy among majors. The AUD was unable to recover the early losses and tracked sideways through the overnight session testing a break below US$0.64 before edging back above this critical handle leading into the morning open. We start the day on the back foot and with no headline data on the domestic docket look offshore to NZ, UK and Eurozone CPI data and commentary across several Central banks with members from the Fed, Bank of England and European Central Bank hitting the wires. With inflation pressures taking longer than expected to dissipate we are looking for any clues as to the timing and trajectory of monetary policy change. Key Movers The dollar traded within a narrow range through Tuesday as with much of the action across financial markets contained to equities, yields and rates. US Treasury yields marked fresh 2024 highs while US equities had a mixed session with both the Dow and S&P 500 closing lower. The DXY index traded up 0.16%, buoyed by softness across risk currencies and an extension against the yen. The risk of intervention continues to hang over the yen, yet the USD retained its upward trajectory as markets pushed back against comments from Japanese currency officials. The prohibited cost associated with intervention has allowed markets some scope to doubt calls by officials that intervention is imminent. With US yields driving gains markets remain on edge and we continue to monitor comments. The euro and GBP changed little with the euro trading near US$1.062 and GBP sliding below US$1.2450 and trading near US$1.2430. NZ, UK and Eurozone CPI data and commentary across several Central banks with members from the Fed, Bank of England and European Central Bank hitting the wires will drive direction through the day. Expected RangesAUD/USD: 0.6350 - 0.6500 ▼AUD/EUR: 0.6000 - 0.6100 ▼GBP/AUD: 1.9250 - 1.9550 ▲AUD/NZD: 1.0850 - 1.0950 ▲AUD/CAD: 0.8800 - 0.8900 ▲
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Forex Today: Stock Markets See Strong Selling
Apr 15, 2024 | 23:10 pmGlobal Stock Markets Firmly Lower; Israel Signals Retaliation Likely Soon; USD/JPY Reaches New 34-Year High at ¥154.44; Energies, Precious Metals Firm; Markets Await Canadian CPI Data
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Forex Today: Risk Sentiment Improves as Mideast Tension Lowers
Apr 15, 2024 | 00:51 amImmediate Retaliation Against Iran Unlikely; USD/JPY Breaks Out to New 34-Year High Near ¥154; Market Await US Retail Sales Data
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Forex Today: US Monthly CPI Unchanged, Triggers Hawkish Shift on Rate Cuts
Apr 10, 2024 | 23:28 pmUS CPI data released yesterday showed the annualized rate rising higher than expected to 3.5%.
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US Inflation Higher Than Expected, Accelerates to 3.5%
Apr 10, 2024 | 09:37 amUS inflation for March rose 3.5% year-on-year. This was higher than expected and the US dollar is higher following the inflation release.
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Forex Today: US CPI Expected to Show Slower Monthly Increase
Apr 9, 2024 | 23:43 pmUS CPI data will be released today, with the market expecting a slower pace of monthly increase.
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Forex Today: Gold Makes New Record at $2,354
Apr 7, 2024 | 23:24 pmMetals Rise Strongly to New Highs; USD/JPY Likely to Retest 34-Year High at ¥152; Crude Oil, Gasoline Futures Pull Back From Highs
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Forex Today: Gold Beats $2,300
Apr 4, 2024 | 00:08 amSpot Gold has continued to rise to new all-time high prices.
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Forex Today: Gold Makes New Record at $2,288
Apr 2, 2024 | 22:27 pmPrecious Metals Rise Firmly to New Highs; Fed’s Daly Expects 3 Rate Cuts in 2024; USD/JPY Remains Close to 34-Year High Near ¥152; Crude Oil Breaks Higher; Eyes on Cocoa Futures After Spectacular Gains
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German Inflation Eases to 3-Year Low
Apr 2, 2024 | 07:54 amGermany’s CPI climbed 2.2% year-on-year in March, down from 2.7% in February and matching expectations. This is the lowest inflation rate since May 2021.
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Forex Today: Yen Nears Record Low, Markets Await Possible BoJ Intervention
Apr 1, 2024 | 23:20 pmUSD/JPY Advances Close to 34-Year High Near ¥152; US Dollar Stronger on Firm US Manufacturing Data; Crude Oil Breaks Higher; Eyes on Cocoa Futures After Spectacular Gains
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Forex Today: Gold Hits $2265 Per Ounce
Mar 31, 2024 | 23:13 pmGold Reaches Record High in Asian Session; USD/JPY Remains Below Record High Near ¥152; Strong Chinese Manufacturing Data; Eyes on Cocoa Futures After Spectacular Gains
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United States GDP Expanded in Fourth Quarter by 3.4%
Mar 28, 2024 | 07:44 amUS GDP rises 3.4%, Canada GDP rebounds; US dollar steady, while stock markets show little movement following the announcement.
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Forex Today: Fed’s Waller: No Rush to Cut Rates, Prospect of Hikes Remote
Mar 28, 2024 | 01:25 amUS Fed’s Waller Reiterates Ongoing Fed Message of Slow Path to Rate Cuts; USD/JPY Remains Below Record High Near ¥152; Cocoa Futures Make Another Record High Close; Gold Also Makes Record High Closing Price
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Forex Today: Japanese Yen Hits 34-Year Low
Mar 27, 2024 | 00:13 amUSD/JPY Hits Record High Near ¥152, Japanese Officials Try to Talk Up Yen; Cocoa Futures Surpass $10,000 to Hit All-Time High; Aussie CPI Unchanged
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Forex Today: Cocoa Futures Break $9,000 for Record High
Mar 26, 2024 | 00:38 amCocoa Futures Gain 8% in a Day; US Stocks, Gold Remain Bullish; Japanese Officials Try to Talk Up Yen; Bitcoin Rises Above $70k Despite Record Crypto Fund Outflows
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United States Federal Reserve Holds Interest Rates, Remains Cautious
Mar 21, 2024 | 04:26 amThe Federal Reserve left interest rates unchanged for a fifth straight time at its meeting on March 20. The US dollar fell against the major currencies following the announcement.
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Forex Today: Fed Says 3 Rate Cuts in 2024, Stocks, Gold Boom
Mar 21, 2024 | 00:07 amFed Gives Dovish Surprise by Forecasting 3 Cuts in 2024; Markets Await BoE, SNB; Gold, Stock Markets Reach Record Highs; Japanese Yen Regains Ground; Bitcoin Pares Losses; UK CPI Falls
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Forex Today: Markets Await FOMC Meeting
Mar 20, 2024 | 00:06 amFOMC Expected to Leave Rate at 5.50%; Japanese Yen Continues to Fall After BoJ; Bitcoin Weaker; Markets Await UK Inflation Data, New Zealand GDP
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Forex Today: Bank of Japan Ends Negative Interest Rates
Mar 19, 2024 | 00:26 amBoJ Makes First Rate Hike Since 2007, Japanese Stocks Rally, Yen Weakens; RBA Leaves Rates at 4.35%; Cocoa Futures Slightly Lower After Record High Yesterday; Bitcoin Weaker; Markets Await Canadian Inflation Data
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Forex Today: Markets Expecting First BoJ Rate Hike in 17 Years
Mar 18, 2024 | 00:19 am90% Expect BoJ to Ditch Negative Rates Policy Tuesday, Japanese Stocks Rallying; Bitcoin Rising After Another Record High Thursday; Cocoa Futures Roar Ahead With Dramatic Gains
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Forex Today: Markets Await US PPI
Mar 14, 2024 | 00:24 amUS PPI Expected at 0.2%; Bitcoin Makes Another Record High Above $73,000; Cocoa Futures Roar Ahead.
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Forex Today: US Inflation Ticks Higher to 3.2%
Mar 12, 2024 | 23:29 pmUS CPI Rises Unexpectedly; S&P 500 Makes Record High Close; Bitcoin Makes All-Time High Above $73,000
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US Inflation Rises Unexpectedly to 3.2%
Mar 12, 2024 | 07:02 amThe US consumer price index (CPI) climbed 3.2% year-on-year in February, up from 3.1% in January and above the market estimate of 3.1%.
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Forex Today: Markets Expecting Unchanged US Inflation Data
Mar 12, 2024 | 01:03 amUS CPI Seen at 3.1%; Bitcoin Hits New Record Below $73,000; Gold’s Bullish Momentum Starts to Pause
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Forex Today: Gold, Bitcoin Looking Bullish Near Friday’s Record Highs
Mar 11, 2024 | 00:17 amGold, Bitcoin Advancing Again; Yen Higher on Japanese Rate Hike Bets and GDP Growth
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ECB Maintains Interest Rates, Revises Lower Inflation Forecast
Mar 7, 2024 | 14:06 pmThe European Central Bank (ECB) maintained its deposit rate at a record high of 4.00% at today’s policy meeting. This decision was widely expected, and the Euro’s response has been muted.
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Forex Today: Gold Makes New Record High Above $2161
Mar 6, 2024 | 23:41 pmGold Powers to New All-Time High; Powell Says Inflation Progress Not Assured; Japanese Rate Hike Seen Likely as Wages Rise; Bank of Canada Holds Rates; Markets Await ECB Meeting
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