XAU/USD trades at $3,386, extending rally on Fed rate cut speculation. US jobless claims top 240K for second week; inflation cools. Israel reportedly weighing military…
The US Dollar Index depreciates amid rising odds of the Fed rate cut in September. The US Consumer Price Index climbed 2.4% YoY in May,…
USD/CAD remains weak near 1.3665 in Thursday’s early Asian session. US CPI inflation rose to 2.4% in May vs. 2.5% forecast. Extended gains in Crude Oil…
XAU/USD briefly hit $3,360 before paring gains and now trades near $3,320. US May CPI undershoots forecasts, lifting hopes for Fed easing in September. US-China…
GBP/USD rises as May US CPI rose 2.4% YoY vs. 2.5% expected. Traders eye Thursday’s US PPI to confirm easing inflation trend. UK fiscal outlook…
USD/JPY remains supported above 144.00 as US-China trade talks remain in focus. Bank of Japan Governor Kazuo Ueda’s hawkish tilt limits Yen weakness. The US…
59 of 105 economists polled by Reuters said that they expect the Federal Reserve (Fed) to resume cutting interest rates in the next quarter, likely…
Federal Reserve (Fed) Bank of Philadelphia President Patrick Harker is embarking on a farewell tour. The Philly Fed head is set to retire at the…
Sterling still set for weekly gain over 0.80% amid broad Greenback weakness earlier in the week. US economy added 139K jobs in May, beating forecasts…
Federal Reserve (Fed) Bank of Philadelphia President Patrick Harker added his own perspective to comments from other Fed officials earlier in the day, noting that…