EUR/USD rally rattled by NFP print, US Dollar bites back
Euro failed to capitalize on upbeat GDP and retail sales; ECB rate cut seen as nearing its limit.The…
US NFP set to show labor market conditions cooled further in May
Nonfarm Payrolls are expected to rise by 130K in May, down from the 177,000 increase recorded in April.The…
Gold price surges on poor ISM data, rising trade tensions
Gold rallies from $3,343 low after ISM and ADP reports confirm US economic slowdown.Trump signs executive order raising…
USD/INR attracts some buyers on firmer US Dollar, higher crude oil prices
Indian Rupee edges lower in Wednesday’s early European session. Higher crude oil prices weigh on the INR, but a…
Gold skyrockets to 4-week high amid geopolitical tensions, tariffs fears
XAU/USD climbs as Russia-Ukraine conflict revs up and Trump revives tariff threats.Rising US-China trade tensions spark risk-off flight…
US PCE inflation set to remain stable while markets push back Federal Reserve rate cut expectations
The core Personal Consumption Expenditures Price Index is expected to rise 0.1% MoM and 2.5% YoY in April.Markets…
RBNZ set to cut interest rate as tariff uncertainty weighs on New Zealand’s growth outlook
The Reserve Bank of New Zealand is expected to trim interest rate by 25 bps to 3.25% on…
EUR/USD corrects as Greenback recovers on progress in US-EU trade talks
EUR/USD faces selling pressure above 1.1400 as the US Dollar rebounds on increased hopes of a quick bilateral…
Gold rallies past $3,350 as Trump escalates trade war with EU
XAU/USD rallies as Trump warns of 50% tariffs on EU imports, escalating trade war and boosting safe-haven demand.The…
Japanese Yen retains bullish bias against a broadly weaker USD amid hawkish BoJ expectations
The Japanese Yen attracts fresh buyers as a hotter CPI print reaffirms BoJ rate hike bets.Hopes for an…
EUR/USD declines as US consumer inflation expectations rise further
EUR/USD turns upside down as the US Dollar gains after the release of the US Michigan survey data…
USD/INR slumps as lower crude oil prices support Indian Rupee
Indian Rupee rebounds in Friday’s Asian session. Lower crude oil prices underpin the INR, but persistent interbank USD demand…