West Texas Intermediate (WTI) is struggling to capitalise on the previous day’s goodish bounce from the $84.00 mark, or over a one-week low and oscillating in a narrow band during Asian trading
The USDCHF pair rallied to 0.9070 in early European trading on Thursday, with the Swiss Franc strengthening as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest
The EURUSD pair is attracting buyers for the third successive day on Thursday and climbing to a one-and-half-week top, closer to mid-1.0800s during Asian trades. The US Dollar is extending this week’s
Western Texas Intermediate (WTI) is trading around $81.50 on Wednesday, as the US crude oil benchmark edges lower amid the recovery of the US Dollar and a surprise jump in U.S. crude
The EURUSD pair edged higher on Wednesday after European Central Bank Executive Board member Piero Cipollone said that there was room to cut interest rates swiftly, despite elevated wage inflation. The pair
The EURUSD pair declined to the lower 1.0800s on Wednesday, after several European Central Bank speakers, including President Christine Lagarde and Bank of Ireland Governor and ECB governing council member Gabriel Makhlouf, cited
Further gains saw the USD Index (DXY) advance to three-week highs past the 104.00 hurdle on Tuesday despite the corrective decline in US yields. The Federal Reserve interest rate decision, along with
By Naeem Aslam This will be another pivotal week for investors and traders who have been trying to gauge the next move from the Federal Reserve in terms of its monetary policy.
Gold dipped 1.1% after the US inflation print came in higher than expected, with economists at TD Securities saying yellow metal may drift modestly lower toward the $2,025-2,100 range. The February CPI
Gold has gained close to 19% since a recent low in October and almost 7% over the past month alone, with strategists at UBS saying there is potential for a pullback in
